FTC Clears Medtronic-Covidien Deal

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U. S. authorities on Wednesday approved Medtronic’s $43 billion merger with Covidien after requiring the spinoff of a drug-coated catheter business.

Petrobras Woes Scaring Away Investors

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A corruption investigation involving Brazilian state-controlled energy firm Petroleo Brasileiro is now being viewed as a liability to investors.

Deere Sees Big Decline in Equipment Sales

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Deere projected a 20% decline in farm equipment sales for the recently started business year, warning again that lower commodity prices and falling farm incomes are putting pressure on demand for agricultural machinery.

C&J Energy Begins Court-Ordered Solicitation of Alternatives to Nabors Deal

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C&J Energy Services has started its court-ordered process of seeking alternative deal proposals to its planned merger with a Nabors Industries unit.

Asian Tech Leaders Struggle to Find Successors

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Many of Asia’s aging tech titans found that leaving the companies they founded or helped build is proving to be as difficult a task as building their empires.

King Digital Entertainment's Chairman Steps Down

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King Digital Entertainment’s chairman, Melvyn Morris, has resigned from the post, effective immediately, the game developer said..

U.S. Regulators Demand Chrysler Expand Air-Bag Recall

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U.S. auto-safety regulators are demanding Chrysler Group expand its recall of potentially defective Takata Corp. air bags nationwide and begin notifying customers of the new campaign by Monday.

Icahn Offers Loan to Trump Entertainment

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Investor Carl Icahn has agreed to provide $5 million in financing to see casino operator Trump Entertainment Resorts Inc. through the coming months as it tries to emerge from bankruptcy.

FDA Seeks More Data on Bristol-Myers Hepatitis C Therapy

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Bristol-Myers Squibb said the FDA rejected its new drug application for its hepatitis C treatment in combination with other agents, pending submission of more information requested by the regulator.

Smith & Wesson to Acquire Firearm Accessories Firm

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Smith & Wesson agreed to acquire Battenfeld Technologies for roughly $130 million, adding a broad platform for expanding in the firearm accessories market.

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