Paris

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Paris Gears Up For Pedal Power
Paris Gears Up For Pedal Power

Paris Gears Up For Pedal Power

City hopes shared bikes will make a dent in ze car traffic

(Newser) - Paris began offering free bikes at stations throughout the city yesterday in a new initiative to ease car traffic. Cyclists can use any of  20,000 heavy-duty bikes parked at 750 locations around the capital by swiping a transportation card that costs $1.36 for the day and up tp...

Danone Swallows Up Numico
Danone Swallows Up Numico

Danone Swallows Up Numico

Paris-based company spits up $16.8B for big-boy serving of baby food market

(Newser) - French food corp Groupe Danone put in a $16.8B cash offer to buy baby food magnate Royal Numico—at just under $75 a share, a 38% premium over last week's closing price. The acquisition will make Danone an industry leader in the baby food market and should be finalized...

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