Business briefs: Porsche buys Volkswagen 

Germany’s financial regulators have approved automaker Porsche AG’s takeover offer for Volkswagen AG, which it was obligated to make after acquiring more than 30 percent in the company in a move designed to prevent a hostile takeover. Porsche has said it doesn’t plan to acquire Wolfsburg-based Volkswagen outright, and has offered 100.92 pounds per ordinary share.

GLASS BABY BOTTLES

Replaced long ago in most U.S. households by unbreakable plastic, glass bottles are making a comeback prompted by worries about a chemical used in making the plastic. A report called "Toxic Baby Bottles" released in February by a Los Angeles environmental advocacy group helped fuel new interest. Afterward, business soared at Web sites selling glass bottles.

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Staff Report

Staff Report

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A daily newspaper covering San Francisco, San Mateo County and serving Alameda, Marin and Santa Clara counties.
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