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Big U.S. flour merger closer to completion with mill sale

April 24 - U.S. food and grain-handling companies ConAgra Foods Inc, Cargill Inc and CHS Inc have moved closer to sealing a deal to merge their North American flour mill operations by agreeing to sell four mills to a Japanese company.

Saipem says US DOJ has asked for information on Algeria

MILAN, April 24 - The U.S. Department of Justice has asked Italian oil services group Saipem for information on a probe into alleged corruption in Algeria, the group's CFO said on Thursday.

Earnings, Stocks, Bonds, Markets 12:32pm EDT

UPDATE 4-GM posts lower profit after recall; core outlook on target

DETROIT, April 24 - General Motors Co said on Thursday that first-quarter profit tumbled 88 percent after a massive recall due to defective ignition switches, but results still topped expectations on strong pricing for its redesigned pickup trucks in North America and improvement overseas.

UPDATE 2-U.S. proposal would ban e-cigarette sales to minors, allow advertising

(Recasts throughout; adds comment from analysts, e-cigarette makers, public health advocates)

Canada unveils new pension plan proposal

TORONTO, April 24 - Canada's Conservative government proposed a new voluntary pension plan option on Thursday that would see investment risks shouldered by both employers and employees.

Bonds, Markets, Financials 12:05pm EDT

Money manager Vilar gets 10 years prison in resentencing

NEW YORK, April 24 - Money manager and arts patron Alberto Vilar was resentenced on Thursday to 10 years in prison, a year longer than previously, in connection with his 2008 conviction for fraud and money laundering.

UPDATE 1-Ban on Tesla's direct-to-consumer sales "bad policy" - FTC officials

WASHINGTON, April 24 - In an unusual move, three top officials with the U.S. Federal Trade Commission on Thursday came out in opposition to laws that ban automakers like Tesla Motors Inc from selling their automobiles directly to consumers.

BRIEF-Ex-money manager Vilar sentenced to longer, 10-year prison term

April 24 - * Former money manager alberto vilar sentenced to 10 years prison for

Ban on Tesla's direct-to-consumer sales "bad policy" - FTC officials

WASHINGTON, April 24 - In an unusual move, three top officials with the U.S. Federal Trade Commission on Thursday came out in opposition to laws that ban automakers like Tesla Motors Inc, from selling their automobiles directly to consumers.

Markets, Stocks 11:00am EDT
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