Swiss food and drink giant Nestle announced a deal Monday to acquire Pfizer Inc.'s infant-nutrition business for $11.85 billion in a bid to boost sales in emerging markets. Before the announcement, Nestle already had the largest share of the global baby-formula market at just under 20 percent.
In a massive investigation, The New York Times reported Saturday that Wal-Mart Stores Inc. silenced a vast bribery effort carried out by top executives of its Mexican subsidiary in order to build stores across the country.
Two years ago, President Obama laid out a goal to double American exports in five years. Today, American products and services are in demand around the world, but that's not the only reason the U.S. is on pace to meet Obama's goal.
The 787 Dreamliner will make the first-ever, non-stop Boston-Tokyo flight Sunday. Boston hotels and restaurants are prepping for a jump in Japanese tourists. Another economic boost could come from Japanese corporations that may now put their North American headquarters in Massachusetts. From member station WBUR, Curt Nickisch reports on the city's "nonstop excitement."
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