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Late last year, after the financial crisis, Morgan Stanley made a decision that its biggest rivals avoided: burned by the crisis, it would take far fewer risks in its trading.
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Robert Bowman, an aspiring lawyer, was refused entry to the New York bar because of $400,000 in student debt.
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Stock indexes have been posting broad increases, so much so that analysts say it·?s almost 2007 all over again.
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Sanofi plans to begin marketing Multaq, generically known as dronedarone, in the United States this summer.
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The American health care giant will pay $1 billion to the Irish drug maker Elan to gain access to Alzheimer·?s disease treatments.
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Exelon raised its bid for NRG to $7.43 billion, citing cost savings and NRG·?s recent acquisition of Reliant Energy·?s retail business.
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Having lowered its main refinancing rate to 1 percent, the bank appears to have adopted a wait-and-see approach to additional stimulus.
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Stocks fell in Europe and Wall Street was set to open lower as investors weighed the impact of a report that showed steeper U.S. job losses than expected.
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The pace of job losses quickened last month with the American economy shedding 467,000 jobs, as unemployment rose to its highest level in 26 years.
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Oil and gas companies were demanding far more for their services than the Iraqis were ready to pay.
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G.M. has offered early retirement to tens of thousands of workers, raising questions about the fund·?s viability.
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