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  • Textron Combats Jet Slump With Buyout of Beechcraft

    Textron Inc., the manufacturer of Cessna aircraft, will boost its lineup of propeller-driven aircraft after reaching a deal to buy Beechcraft Corp. for $1.4 billion, as it seeks to counter a slump in business-jet sales.

  • Textron Rallies on Report of $1.4 Billion Beechcraft Deal

    Textron Inc., the manufacturer of Cessna aircraft and Bell helicopters, rose the most in almost two years after the Financial Times reported that the company was near a $1.4 billion purchase of planemaker Beechcraft Corp.

  • Lock Maker Allegion CEO Awakens Dormant M&A in Asia

    Allegion Plc, North America’s largest lock maker, plans to awaken an acquisition process gone dormant under parent company Ingersoll-Rand Plc as the newly independent unit seeks growth in Asia.

  • Race N.Y.C. With $12,000 Electric Bicycle, $19,000 Golf Cart

    I was reminded of the tortoise and hare while pitting a Porsche 911 Turbo Cabriolet against a Vespa GTS scooter in a “race” across Manhattan.

  • Diapers.com Takes on Amazon in Huggies Delivery-Time Smackdown

    It’s good to be the chief executive officer of a company that’s about to ship 500 million diapers in a single year. For one thing, you get to drive a golf cart as fast as you want in your new 1,250,000-square-foot warehouse.

  • Golf Carts to Island Divorces: 10 Notorious Tax Loopholes

    <p>We all love a good tax loophole -- as long as we're the ones benefiting. And there have been some doozies. To celebrate the 150th anniversary of the IRS on July 1, we took a stroll down memory lane to highlight some of the most egregious loopholes that have found their way into the U.S. tax code.<br><br>Investopedia defines a loophole as "a technicality that allows a person or business to avoid the scope of a law or restriction without directly violating the law. ..." The following are some of the worst or best loopholes in tax history, depending on your point of view.</p> Source: Photograph by Ulrich Mueller/Getty Images

  • Textron Value in Breakup Seen Tempting Activist Investor

    Activist hedge-fund managers in search of their next prey may look to Textron Inc.

  • Texas Fertilizer Blast Probe Can’t Pinpoint Fire’s Cause

    The investigation of a fire and explosion at a Texas fertilizer plant that killed 14 people hasn’t pinpointed the cause, which may include a faulty golf cart, the facility’s electrical system or an intentional act.

  • A Hundred Horses Are Ford’s Pride After Flipping Tainted Banks

    Gerald J. Ford has something he wants to show off. He jumps into a golf cart and races toward one of the 11 barns on his lush, 1,000-acre Kentucky thoroughbred farm. He speeds past tall sycamore trees, painted lawn jockeys and manicured fields of grass glistening from the May morning dew.

  • Wal-Mart vs. Costco III, Why My Critics Are Wrong

    Companies are complicated.  You can’t just change the bits you don’t like and have the rest tick along exactly as before.

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