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.
Warren Buffett ’s Berkshire Hathaway Inc. sold stakes in U.S. financial firms and cut stock holdings in some of the country’s biggest companies as the billionaire chairman seeks takeovers and looks abroad for growth.