Bangladesh Central Banker to Meet With Top Fed, Swift Officials

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The head of Bangladesh’s central bank will meet next week with a top Federal Reserve official and representatives of interbank-messaging service Swift in an effort to trace $81 million stolen from the country’s Fed account.

Redstone Lawyers Allege Herzer Lied, Kept Him From Other Women

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Lawyers for Sumner Redstone filed court documents laying out why the media mogul evicted a female companion who was his health-care agent living at his mansion, precipitating a legal battle that goes to trial on Friday.

Toshiba Names New CEO

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The Japanese electronics giant said Satoshi Tsunakawa, an executive vice president and Toshiba veteran, will succeed Masashi Muromachi as chief executive next month.

Hilsenrath: Jobs Report Makes June Rate Rise by Fed Less Likely

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Friday’s jobs report will keep the Federal Reserve in standby mode as it considers whether and when to push short-term interest rates higher again, diminishing the chances of a move at its next meeting in June.

Forest Fires Cut Into Canadian Oil Output

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Crude oil output from some of Canada’s largest producers dwindled, affecting global prices, as raging forest fires led to some reductions in oil sands mining operations.

U.S. Payroll Gains Slow in April, Adding 160,000 Jobs

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The U.S. labor market decelerated in April, a sign employers may be turning cautious after the economy slowed early in the year.

ArcelorMittal Says Steel Markets Are Stabilizing

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The world’s biggest steelmaker said U.S. and European markets are stabilizing after record Chinese exports last year caused prices to plummet around the globe.

Evonik to Pay $3.8 Billion for Air Products Unit

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Germany’s Evonik Industries has agreed to buy the performance-materials division of Air Products & Chemicals for $3.8 billion.

Affordable Starter Homes Prove Increasingly Elusive

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Five years into the housing recovery, one crucial segment of single-family construction has yet to materialize: starter homes.

Vedanta's Debt Solution Merely a Rest Stop to Salvation

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Vedanta has put off its near-term debt maturities through various maneuvers, but its tangle of debt will keep the company in a stranglehold.

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