Want a downturn in European markets? In your inbox before opening, every day. Sign up here. AstraZeneca plc said it would buy Alexian added 39 39 billion in cash and shares to Alexian Pharmaceuticals Inc., an expert in the development of treatments for rare diseases and immunology. The offer gives …
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Treasury Secretary Steven Munuchi refused to extend some of the emergency loan programs jointly established with the Federal Reserve, which is due to expire on December 31. The Fed’s corporate credit, municipal financing and main street financing programs will not be renewed, Mr. Muchin said Thursday. The central bank expressed …
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AP images; Steve Marcus / Reuters Samsung chairman Lee Kun-hee died Sunday at the age of 78. The boss of the South Korean group once considered Warren Buffett as a shareholder. Buffett, a billionaire investor and CEO of Berkshire Hathaway, has made “hundreds of millions” from a rare overseas bet …
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Spencer Plate / Getty Images Weights Fargo plans to sell its asset management business for 3 million after a 57% drop in third-quarter profits, Reuters reported. The bank’s asset management arm, which provides high net worth customers, will be part of this business. US Bank has held talks with potential …
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