Waze deal
Google, seeking to keep competitors from eroding its lead in mobile navigation programs, is expected to announce today it has agreed to acquire map-software provider Waze for about $1.1 billion.
Gas slips
The average price for regular gasoline fell 1.81 cents in the past three weeks to $3.6385 a gallon, according to Lundberg Survey.
Folding
National Envelope was preparing to file for bankruptcy protection as soon as yesterday as the prevalence of email continues to challenge its business.
Ante up
Mohegan Sun, competing against MGM Resorts and Hard Rock International to win a Massachusetts license to operate a resort casino, is increasing the project to nearly $1 billion, with an indoor and outdoor water park connected to a 250-room hotel.
Get in line
German Chancellor Angela Merkel, seeking re-election in September, said euro nations must follow Germany’s lead in tightening budgets and reshaping labor markets to return to growth.