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BREAKING NEWS / UPDATE: Wausau police confirm Stephanie Low's body was found in Wabeno; person of interest Kristopher Torgerson to be charged with homicide

WAUSAU, Wis (WSAU)  Wausau police say Stephanie Low's body has been found. Police revealed at a news conference today that a person of interest in her death, Kristopher Torgerson, led police to her body on September 19th. The body has since been positively ID'ed by the state crime lab. The autopsy lists 'homicide' as the cause of death. Torgerson had been questioned nearly four years ago after she had first disappeared. Wausau PD say he was in custody on other charges, and agreed to sh...

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Hapag-Lloyd merger with Hamburg-Sued called off

FRANKFURT (Reuters) - The owners of unlisted container shipping group Hapag-Lloyd said the planned merger with rival Hamburg-Sued has been called off because terms could not be agreed.

The Albert-Ballin consortium of Hapag-Lloyd investors said in a brief statement late on Sunday that the Oetker family behind Hamburg-Sued had asked for merger talks to be ended.

Hapag-Lloyd and Hamburg-Sued, Germany's largest container shipping companies, said in December they were exploring a merger to create a global player better able to survive the sector's four-year slump.

Earlier this month, Hapag-Lloyd posted higher losses for 2012 due to unexpectedly low cargo volumes as a result of the global downturn and high energy costs, prompting it to defer the delivery of new ships.

Hapag-Lloyd co-owner Klaus-Michael Kuehne has said that if no agreement with Oetker can be reached, Kuehne would push for Hapag-Lloyd to go public on its own.

(Reporting by Ludwig Burger; Editing by Marguerita Choy)

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