China’s Rare Earths Export Quota Broke Trade Law, Facebook to Buy Oculus, Walmart’s Doll Recall

A World Trade Organization panel has found that China broke international trade law by putting a quota on the export of rare earth elements and other metals. China says it established the quota in 2010 due to environmental concerns.

Half a million customers, or 2 percent of British households, have switched to smaller energy suppliers since November, moving away from the “Big Six” that dominate the gas and power market.

You probably already know about SAP’s acquisition of Fieldglass. In other acquisition news, Facebook has agreed to buy Oculus, a maker of virtual reality goggles, for $2 billion in cash and stock.

Walmart is recalling 174,000 dolls with defective circuit boards that could cause the toys to overheat and burn children.

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