Obama Presses Currency Compromise in Trade Pact

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The White House, facing a push by U.S. lawmakers for strong currency manipulation strictures in a major Pacific trade deal, is pitching a less-aggressive approach to keep the deal from toppling.

Citi Hit With Setback in Commodities Repo Case

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Citigroup isn’t entitled to payment in a $270 million dispute with commodities trader Mercuria Energy Group, a London court ruled.

Germany Gives No Reason for Gloom

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Germany may have posted slower growth and sluggish surveys, but the economy looks to be in decent shape.

U.K. Investigates Reciprocity Among Banks

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The U.K.’s financial regulator is investigating a banking-industry practice known as “reciprocity,” where investment banks bring rivals into deals in exchange for future business.

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.

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

Selling the Dream at Salesforce

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Rapid, if expensive, growth keeps cloud pioneer Salesforce on top. That actually makes a deal look less likely.

Eurozone Growth, Confidence Slide, Surveys Show

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The eurozone’s economy slowed and consumer confidence weakened for the second straight month in May, according to surveys.

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