Asciano Bidding Heats Up

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A bidding war worth more than $6 billion is intensifying between a Canadian investment firm and an Australian logistics company for port-and-rail operator Asciano.

Doctors Have Key Role in Fate of Redstone's Company Stakes

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Media mogul Sumner Redstone’s trust puts the decision on whether he is able to manage its assets in the hands of three doctors who could review the 92-year-old only after a vote by five of his associates and relatives.

Credit Suisse CEO Asks Board to Cut His Bonus After Weak Results

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The CEO of Credit Suisse has asked his board to slash his bonus, after the Swiss bank posted quarterly results that sent its share price tumbling lower.

China's Forex Reserves Plunge to More-Than-Three-Year Low

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China’s foreign-exchange reserves fell to the lowest level in more than three years in January, even as the central bank escalated a battle to defend the yuan and stanch the flow of capital leaving the country.

Emerging-Market Central Banks Fight Outflows

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Central banks in some emerging markets are stepping up efforts to flood their financial systems with cash, highlighting the pressure that they face from rapid capital flight.

U.S. Probes Possible Fraud Linked to Specialty Creams

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The Justice Department is investigating what authorities suspect is half a billion dollars in health-care fraud linked to specialty creams used to treat pain and other ailments.

Big Companies Pull Back After Rough Quarter

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After a tough end to 2015, big companies are starting the new year with a tight rein on capital spending, and in some cases layoffs, seeking to cope with sluggish industrial demand and uncertainties about the American consumer.

Lehman Brothers Is With Us in Spirits

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A new Scotch whisky carries the Lehman Brothers name, but the brand’s owner isn’t drinking to that

Australia and Japan Markets Open Lower

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Japanese and Australian stock markets opened lower after a U.S. jobs report added to uncertainty about the U.S. Federal Reserve’s pace of rate increases.

Yelp Needs Some Help

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Wall Street has soured on Yelp, as the company grapples with rising costs, slowing user growth and a slumping stock price.

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