Deutsche Bank Appeals for Patience

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The German lender’s shareholders have criticized the pace of its cultural overhaul.

Hanergy Chairman Lost $14 Billion in One Day

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On the day Li Hejun lost roughly US$14 billion, he was skipping his company’s annual meeting to attend what it said was a clean-energy exhibition in Beijing.

Uber in Talks for $1 Billion Credit Facility With Banks

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Uber Technologies is seeking a $1 billion credit line from banks, people familiar with the matter said.

Deutsche Bank's Jain Must Now Deliver

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The co-chief executive has been given more power to lead the German bank’s strategy. His chairman should only give him a year to show real results.

Uber in Talks for $1 Billion Credit Facility With Banks

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Uber Technologies is seeking a $1 billion credit line from investment banks, people familiar with the matter said.

CVS Ages Gracefully With Omnicare Deal

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CVS’s $10.4 billion deal for Omnicare allows the pharmacy to expand into the growing senior market

Goldman Sachs Recaptures Mojo With DuPont Win

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The bank’s fortunes changed for the better last week when Goldman Sachs helped DuPont prevail in a high-profile feud with an activist firm.

'Nut Rage' Executive Freed From Jail

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The Seoul High Court has overturned a lower court’s decision to give the daughter of the chairman of Korean Air Lines a one-year prison sentence after she disrupted a flight in December.

Google Touts Mobile-Ad Technology

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Google says it is doing a better job connecting purchases in stores with ads the shoppers saw on smartphones, prompting some advertisers to boost spending on mobile ads.

Fed Proposes Relaxing Rules Affecting Municipal Bonds

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Large U.S. banks will be able use some municipal bonds to meet new postcrisis rules aimed at ensuring they have enough cash during a financial-market meltdown under relaxed rules proposed by the Fed.

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