Hostess Said to Attract Bids From Wal-Mart, Kroger

Dec. 13 (Bloomberg) -- Wal-Mart and Kroger are among the bidders for assets being sold by Hostess Brands, the bankrupt maker of Wonder bread and Twinkies, said a person familiar with the matter. Julie Hyman reports on Bloomberg Television's "Street Smart." (Source: Bloomberg)
Has China's Slowdown Infected Japan’s Production?
16:47 - Japan’s industrial production unexpectedly fell in July, sapping a rebound in the economy from a slump last quarter. Output fell 0.6 percent from June, when it increased 1.1 percent, the trade ministry said on Monday, compared with the median forecast for a 0.1 percent gain in Bloomberg survey. The world’s third-biggest economy is struggling to recover from a contraction, as slowing growth in China -- Japan’s biggest trading partner -- weighs on exports.
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