Xerox to buy printer maker Lexmark from Chinese owners in $1.5 billion deal

By Jaspreet Singh and Aditya Soni (Reuters) -Office equipment manufacturer Xerox has agreed to buy Chinese-owned printer and printing software maker Lexmark International in a $1.5 billion deal to expand its presence in Asian markets and better compete in an industry upended by the digital age. The purchase from Ninestar, PAG Asia Capital and Shanghai … Read more

Indicators of years past and future. Feelings, Bitcoins, and beverages. : Planet Money : NPR

Kenny Malone, Jeff Guo, and Adrian Ma/NPR Kenny Malone, Jeff Guo, and Adrian Ma/NPR This year, there was some economic good news to go around. Inflation generally ticked down. Unemployment more or less held around 4-percent. Heck, the Fed even cut interest rates three times. But for a lot of people, the overall economic vibes … Read more

What are biodiversity credits and how could they save Paddington Bear? : Planet Money : NPR

Ferns are growing where there used to be cattle pastures at the El Globo habitat bank and nature reserve in Antioquia, Colombia. In the background are hills that neighbors cleared for cattle pasture. Stan Alcorn/NPR hide caption toggle caption Stan Alcorn/NPR Ferns are growing where there used to be cattle pastures at the El Globo … Read more

How Vuori is taking on Lululemon

When athleisure brand Vuori launched in 2015, it was headquartered in a garage, sold only men’s shorts and couldn’t get investors to give it the time of day.  Now, the Carlsbad, California, retailer is expanding globally, backed by a string of marquee investors including General Atlantic, SoftBank and Norwest Venture Partners, after raising $825 million … Read more