Daily business briefing: Comcast buys Time Warner

February 13, 2014 

Comcast has announced Thursday that it has agreed to acquire Time Warner Cable. St. Louis-based Charter Communication had been pursuing Time Warner for the past eight months. Comcast's deal is worth more than $45 billion. Read more at http://www.bnd.com/business. ...

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Build-A-Bear Workshop Inc. is reporting a profit of $5.4 million for the fourth quarter, the St. Louis Business Journal reports. That is compared with a loss of $36.5 million that the St. Louis-based company recorded in the fourth quarter of 2012. Find out more at http://www.bizjournals.com/stlouis. ...

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U.S. retail sales dropped along with the temperature in January. The Commerce Department says retail sales fell 0.4 percent last month as Americans spent less on cars, clothing and at restaurants. Find out more at http://www.bnd.com/business. ...

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PepsiCo has reported its fourth-quarter net income climbed 5 percent. The company, which owns Gatorade, Quaker Oats and other products, also announced a five-year, $5 billion cost-savings program. For more information, go to http://www.bnd.com/business.

-- Will Buss, BND business writer

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