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UPDATE 1-Anheuser-Busch to buy out Craft Brew Alliance in $321 million deal

Brewer Anheuser-Busch Inbev NV will buy the rest of Craft Brew Alliance that it does not own in a deal valuing the Portland-based brewing company at about $321 million, the two companies said on Monday. Shares of Craft Brew Alliance soared 122.6% to $16.32 after the bell, hovering near the offer price of $16.50 in cash. The deal is a reversal in stance by the world’s largest brewer, which owns 31.2% stake in Craft Brew and had said in August it would not buy out the company. …read more […]

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Bushfires Illuminate the Price of Burning Coal

(Bloomberg Opinion) — You could smell the approach of Sydney’s bushfires two weeks away.Leaving my home for work last month at a time when California’s fires were at their most intense, the sandalwood odor of burning eucalyptus was heavy on the air. Looking north from Bloomberg’s office to the far side of Sydney Harbour, the normally sparkling blue water was a barely discernible smudge. That was mostly not wildfire, but a dozen deliberate hazard-reduction burns under way across the metropolitan area in a last-ditch attempt to eliminate flammable plant litter and undergrowth before conditions worsened.Tuesday will prove a test of …read more […]

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Disney takes 'Star Wars' to streaming with 'Mandalorian'

The next adventure in the “Star Wars” movie and TV franchise, arriving Tuesday on Walt Disney Co’s new streaming service, takes place on a lawless planet at the outer reaches of the galaxy. As is typical with “Star Wars,” Disney and the cast have revealed little about the plot. “Just kind of imagine crossing the borders and going into unknown territory … with a lot of familiar elements and completely brand new elements,” Pascal said in an interview with Reuters. …read more […]

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Anheuser-Busch to buy out Craft Brew Alliance in $321 million deal

Shares of Craft Brew Alliance soared 122.6% to $16.32 after the bell, hovering near the offer price of $16.50 in cash. The deal is a reversal in stance by the world’s largest brewer, which owns 31.2% stake in Craft Brew and had said in August it would not buy out the company. Craft Brew’s portfolio of regional breweries and lifestyle brands is an addition to Anheuser-Busch and will help fuel the growth of craft beer category in the competitive beer industry in the United States, Anheuser-Busch said. …read more […]

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How Much Insurance Do You Need?

It’s mid-November, which thankfully means hurricane season is winding down here in South Florida.
From roughly late August to the end of October, we Floridians (as well as many others on the Atlantic and the Gulf coasts) keep a close eye not only on weather reports but also on what is brewing hundreds of miles away in the ocean.
We dodged a bullet this year when Hurricane Dorian, which ravaged the Bahamas, narrowly missed my area. Store shelves were empty, gas stations had no more fuel and houses were shuttered up.
Once you’ve been through a hurricane, you respect their power and don’t …read more […]

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Farmland Partners: 3Q Earnings Snapshot

DENVER (AP) _ Farmland Partners Inc. (FPI) on Monday reported a loss in funds from operations in its third quarter, after reporting a profit in the same period a year earlier. The results fell short of Wall Street expectations. The Denver-based real estate investment trust said it had a funds from operations loss of $2 million, or 6 cents per share, in the period. …read more […]

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Google signs healthcare data and cloud computing deal with Ascension

The Wall Street Journal earlier reported Google teaming up with Ascension to collect personal health-related information of millions of Americans across 21 states. The partnership will also explore artificial intelligence and machine learning applications to help improve clinical effectiveness as well as patient safety, Ascension said in a statement. Google Cloud Chief Executive Officer Thomas Kurian has made it a priority in his first year on the job to aggressively chase business from leaders in six industries, including healthcare. …read more […]

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UPDATE 1-Google signs healthcare data and cloud computing deal with Ascension

Alphabet Inc’s Google signed its biggest cloud computing customer in healthcare yet, according to an announcement on Monday, gaining with the deal datasets that could help it tune potentially lucrative artificial intelligence tools. The Wall Street Journal earlier reported Google teaming up with Ascension to collect personal health-related information of millions of Americans across 21 states. The partnership will also explore artificial intelligence and machine learning applications to help improve clinical effectiveness as well as patient safety, Ascension said in a statement. …read more […]