Borders Group filed for Chapter 11 bankruptcy protection and said it plans to close about 30% of its stores in coming weeks.
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Sanofi-Aventis acquired Genzyme for $74 a share, or a total of $20.1 billion plus a contingent value right, in a giant step toward reshaping the company.
Large U.S. companies are asking the SEC to require that workers report wrongdoing to employers in order to be eligible for payments under the agency's new "whistleblower" program.
Google fired another salvo in its broadening competition with Apple, opening a payment system for digital content that will let publishers keep a bigger share of revenues than a service launched by Apple this week.
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Indian industrialist Ratan Tata lashed out at the government for allowing media outlets to get hold of wiretap recordings of his lobbyist's phone calls, and said stronger privacy protection is needed to prevent similar episodes in the future.
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Federal prosecutors could seek to play more than 170 secretly recorded conversations as part of their insider-trading case against Galleon Group founder Raj Rajaratnam.
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Dean Foods swung to a fourth-quarter loss on one-time charges and continuing woes at its dairy business, yet the company sees signs of retail milk prices finally stabilizing.
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Macau casino magnate Stanley Ho filed a new lawsuit to regain control of the holding company through which he held a controlling stake in casino operator SJM Holdings, reigniting the legal battle for control of his multi-billion dollar empire.
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Comcast and Cablevision posted higher fourth-quarter profits and boosted their capital returns to shareholders.
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Daimler swung to a fourth-quarter profit on surging demand for its Mercedes-Benz vehicles, but shares fell as earnings missed investor expectations.
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With few new gold strikes around the world that can be turned into profitable mines, South Africa's gold miners are planning to dig deeper than ever before to get access to rich veins.
Apple launched a new service that allows for magazine and newspaper subscriptions for its popular devices, but content providers aren't rejoicing.
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Generic drug industry leaders are lining up behind a proposal to pay user fees to the government as a way to speed approval of drugs and plant inspections, say several industry chiefs.
The fashion designer describes his aesthetic as "pragmatic indulgence," a term that can also describe his business plans, which include stores around the world and new brand extensions.
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Deere's fiscal-first-quarter profit more than doubled, as robust sales of farm and construction machinery helped offset rising material expenses.
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Producer prices in the U.S. climbed during January to their highest in more than two years. Separately, industrial output fell and home construction rose last month.
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A small population of Ecuadoreans afflicted with a dwarfism disorder almost never get cancer or diabetes, a finding that may point the way to new treatments for both diseases, according to a new study.
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What CEO James Dimon knew about Bernard Madoff's fraud is at the heart of a lawsuit alleging that J.P. Morgan Chase ignored or dismissed warning signs about the fraud even as it earned hundreds of millions from its relationship with the firm.
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