Etsy's Unique IPO Crafts a Stock Swoon

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The company’s results on Wednesday missed some growth forecasts, but observers said the stock-price decline may have been exacerbated by the unusual ways Etsy structured its April IPO.

Jury Sides With High-Speed Trading Firm

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A Houston-based high-frequency trading firm won a six-year civil lawsuit against a former employee and a businessman it accused of stealing code.

'Nut Rage' Executive Freed

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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.

Draghi Urges Economic Overhaul in Europe

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European governments must step up efforts to overhaul their economies, European Central Bank President Mario Draghi 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.

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

Murray Energy to Lay Off Around 1,800

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Coal miner Murray Energy is set to announce layoffs of around 1,800 workers, dealing another blow to the coal-mining industry in Appalachia.

CVS to Buy Omnicare for $10.4 Billion

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CVS Health agreed to buy pharmacy-services provider Omnicare for $10.4 billion, strengthening its role as a dispenser of expensive prescription drugs.

Rise in Inequality Hurts Economic Growth

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Two-fifths of the population of developed countries have gained little over recent decades, driving a rise in income inequality that is damaging economic growth, the OECD said.

Hyatt Invests in Home Rentals Firm

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Hotel operator Hyatt takes a stake in a company that books short-term stays at high-end homes in London, New York, Paris and Los Angeles, a business that challenges traditional lodging companies.

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