Forty-eight states are spending less on colleges and universities than before the recession, as recent funding increases haven’t made up for years of cuts that pushed tuition higher, according to a report.
Mondelez International Inc., the U.S. company that makes everything from Oreo cookies to Trident gum, plans to spend $110 million on a new factory in Russia, navigating an increasingly tense geopolitical climate.
DuPont Co. deserves more than $919 million in damages from South Korea’s Kolon Industries Inc. over the theft of trade secrets involving DuPont’s Kevlar-brand fiber, used in protective clothing for police and the military, a jury ruled.
Mondelez International Inc., the snacks company separated from Kraft Foods Inc. last year, said it received a notice from an Indian government agency looking into tax payments by a factory for its Cadbury business.
China’s planned economic reforms are poised to reshape the competitive landscape, allowing private companies such as Alibaba Group Holding Ltd. to compete with state-owned banks and easing the one-child policy to bolster demand for products from Nestle SA to General Motors Co.