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.

CEOs' Test: Dealing With Activist Investors

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Shareholders have become more assertive in challenging CEOs since the financial crisis. How chief executives respond has become a new measure of their mettle.

Best Quarter Since Crisis for Banks

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The U.S. banking industry showed continued strength in the third quarter with broad-based revenue growth and a year-over-year jump in profits, the Federal Deposit Insurance Corp. said Tuesday.

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.

Seadrill Halts Dividends

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Oslo-listed Seadrill is suspending dividend payments to cut debt and help finance possible acquisitions amid expectations that oil field services companies will consolidate as they battle fallout from weak oil prices.

New York Office Towers Pop Up Despite Sluggish Market

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Developers are planning new Manhattan office buildings at the fastest rate in two decades despite sluggish demand for space, a gamble that tenants will favor gleaming new skyscrapers.

CMBS Make a Comeback in Europe

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The rebound in the U.S. commercial mortgage-backed securities market appears to be spreading across the pond.

An Easy Money Saver: the Flu Shot

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Many health experts say one of the best ways to protect yourself--and your wallet--is to steer clear of an old holiday bug, the seasonal flu. More pharmacies are offering flu shots, and health laws make them affordable.

The Rules on Capital-Loss Deductions

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You typically can deduct as much as $3,000 a year in capital losses from your ordinary income. You can carry unused deductions into subsequent years until they’re used up.

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