Monday, November 30, 2015

Top Prescription Plan to Offer $1 Alternative to $750 Pill by ANDREW POLLACK


By ANDREW POLLACK

Express Scripts is expected to promote a compounded medicine with the same active ingredient as the much more expensive Turing Pharmaceuticals drug Daraprim.

Published: December 1, 2015 at 12:00AM

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Pfizer’s Long War on Taxation by ANDREW ROSS SORKIN


By ANDREW ROSS SORKIN

Pfizer, which plans to enjoy a lower tax rate in Ireland after a merger with Allergan, has long employed various tax avoidance strategies.

Published: December 1, 2015 at 12:00AM

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Judge Sets Next Proceedings in Suit by Redstone’s Former Companion by EMILY STEEL


By EMILY STEEL

Probate Judge Clifford L. Klein set a new hearing date for late January to consider the motion from Mr. Redstone’s lawyers to dismiss the lawsuit.

Published: December 1, 2015 at 12:00AM

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Mattress Firm to Acquire Sleepy’s Parent Company by REUTERS


By REUTERS

Mattress Firm said that it had agreed to buy the owner of the mattress retailer Sleepy’s for about $780 million.

Published: December 1, 2015 at 12:00AM

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In Japan, Factory Output and Retail Sales Are Rising by REUTERS


By REUTERS

Japan’s industrial output rose in October for a second straight month, and retail sales grew much faster than expected.

Published: December 1, 2015 at 12:00AM

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The I.M.F.’s Tool, and What It Means for World Trade by THE NEW YORK TIMES


By THE NEW YORK TIMES

The I.M.F. first created special drawing rights to help facilitate global finances. Here’s a look at how the system came about and how it works.

Published: December 1, 2015 at 12:00AM

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New Fed Rule Limits Emergency Lending Power by PETER EAVIS


By PETER EAVIS

The restrictions aim to make sure that the Fed’s emergency loans are not used to shore up insolvent firms.

Published: December 1, 2015 at 12:00AM

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New York Proposes New Banking Rules to Staunch Flow of Illicit Financing by BEN PROTESS


By BEN PROTESS

Gov. Andrew Cuomo intends to impose new regulations on New York State banks that are meant to make it harder for militant groups to use the financial system.

Published: December 1, 2015 at 12:00AM

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Delaware Court Upholds Award Against RBC Capital by LIZ MOYER


By LIZ MOYER

The court affirmed a $76 million damage award against the investment bank over its role in advising the ambulance service Rural/Metro in its 2011 sale.

Published: December 1, 2015 at 12:00AM

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Security Breach at Toy Maker VTech Includes Data on Children by DANIEL VICTOR


By DANIEL VICTOR

The Hong Kong company said that personal information of five million people had been compromised, including the names and birth dates of children.

Published: December 1, 2015 at 12:00AM

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E.P.A. Announces Biofuel Levels for 2016 by DIANE CARDWELL


By DIANE CARDWELL

The agency increased the total volume of renewable fuel required by the end of 2016 to 18.11 billion gallons, an 11 percent increase from 2014.

Published: December 1, 2015 at 12:00AM

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AppDynamics Expected to Announce Raising of $158 Million by LESLIE PICKER


By LESLIE PICKER

The company’s business of checking corporations’ computer code is growing rapidly but is filled with many heavy-hitter, and deep-pocketed, competitors.

Published: December 1, 2015 at 12:00AM

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Private Equity Market Is Expected to Attract $629 Billion in 2015 by LIZ MOYER


By LIZ MOYER

Investors who have money to put back to work after being paid for earlier private investments are driving the surge in fund-raising.

Published: December 1, 2015 at 12:00AM

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Tweet From Rupert Murdoch About Sale Brings a Denial From Tribune by RAVI SOMAIYA


By RAVI SOMAIYA

The unorthodox exchange was a public hint of the behind-the-scenes tumult that has surrounded Tribune Publishing in recent months.

Published: December 1, 2015 at 12:00AM

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An Anonymous Satire of Silicon Valley Now Has a Publisher by ALEXANDRA ALTER


By ALEXANDRA ALTER

Farrar, Straus & Giroux is to publish “Iterating Grace,” a book first distributed by its two authors to people connected with the technology industry.

Published: December 1, 2015 at 12:00AM

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Shares of BTG Pactual Slide on New Concerns by VINOD SREEHARSHA


By VINOD SREEHARSHA

André Esteves resigned as the Brazilian bank’s chairman as reports emerged of a suspicious payment by the bank to an influential politician in Brazil.

Published: December 1, 2015 at 12:00AM

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Pending Home Sales Rise Modestly by THE ASSOCIATED PRESS


By THE ASSOCIATED PRESS

The National Association of Realtors said that its seasonally adjusted pending home sales index rose 0.2 percent, to 107.7, in October.

Published: December 1, 2015 at 12:00AM

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Petrobras Chairman Steps Down by DAN HORCH


By DAN HORCH

Murilo Ferreira was said to have clashed with the energy giant’s chief executive over cost-cutting and how to put into effect the company’s plan to raise more than $57 billion through asset sales.

Published: December 1, 2015 at 12:00AM

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I.M.F. Makes China’s Renminbi One of World’s Select Currencies by KEITH BRADSHER


By KEITH BRADSHER

The move helps pave the way for the currency’s wider use in trade and finance, but also adds new uncertainty into China’s economy.

Published: December 1, 2015 at 12:00AM

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BTG Pactual Has Strengths, but They May Not Be Enough by ANTONY CURRIE


By ANTONY CURRIE

The investment bank may have no problem continuing business as usual after the Petrobras scandal. But that’s not always how banking works.

Published: December 1, 2015 at 12:00AM

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Making It Harder to Prove White-Collar Crimes by PETER J. HENNING


By PETER J. HENNING

The starting point for two recently introduced bills is the proposition that criminal punishment should be imposed only on those who are morally blameworthy.

Published: December 1, 2015 at 12:00AM

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ICBC Standard Bank to Pay Nearly $33 Million in Bribery Case by CHAD BRAY


By CHAD BRAY

The settlement with the Serious Fraud Office of Britain is the first use of a so-called deferred prosecution agreement under new rules in Britain.

Published: December 1, 2015 at 12:00AM

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Wall St. Trading Is Tepid After Holiday Break by THE ASSOCIATED PRESS


By THE ASSOCIATED PRESS

Shares of Computer Sciences were up 4 percent after the company completed its spinoff of CSRA.

Published: December 1, 2015 at 12:00AM

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When an Expense Becomes a Wise Investment Choice by CARL RICHARDS


By CARL RICHARDS

Spending money on employees or improving your knowledge might not seem like traditional investments, but their benefits can be significant, a financial adviser writes.

Published: December 1, 2015 at 12:00AM

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Aberdeen Asset Management Has $19 Billion in Net Withdrawals by CHAD BRAY


By CHAD BRAY

The British asset manager said that it had nearly $51 billion in net outflows in fiscal 2015 as investor sentiment weakened in Asia and the emerging markets.

Published: December 1, 2015 at 12:00AM

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