Europe's Banks: A Chronic Illness

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Stocks and bonds of European banks are selling off sharply. That is because a big profitability problem risks making their other, known issues worse.

Volkswagen's Quality-Control Chief Resigns

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Volkswagen said its head of quality assurance will leave the company, as Chief Executive Matthias Müller continues to shake up the car maker’s management in the wake of its emissions-cheating scandal.

Drug Industry Launches Ad Effort Aimed at Lawmakers

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The pharmaceutical industry is ramping up an advertising campaign designed to improve its reputation with lawmakers, as it lobbies against any effort to rein in prescription costs.

Bridgewater Heir Apparent in Talks to Give Up Co-CEO Role

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The presumed heir apparent to Bridgewater Associates founder Ray Dalio is discussing giving up his job as co-chief executive of the world’s biggest hedge fund, creating uncertainty about the future leadership of the firm.

Credit Suisse CEO Asks Board to Cut His Bonus After Weak Results

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The CEO of Credit Suisse has asked his board to slash his bonus, after the Swiss bank posted quarterly results that sent its share price tumbling lower.

Ground Shifts Under Wheat Export Market

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Record harvests, the strong dollar and cheap oil are combining to shake up the multibillion-dollar global wheat market.

Apollo Education to Be Taken Private in $1.1 Billion Deal

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Apollo Education Group said Monday it had reached a deal to be taken private by a group of investors including Apollo Global Management in a $1.1 billion deal.

'Star Wars' Boosts Hasbro Sales

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Hasbro posted a better-than-expected, double-digit revenue gain Monday, boosted in part by the brisk sale of Stars Wars toys during its latest quarter.

Super Bowl TV Ads Bring Lighter Tone

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Super Bowl ads had a lighter tone this year, a marked departure from 2015 when experts said too many companies aired overly emotional or heavy spots.

Hedge Funds Bet on Risks in U.S. Blue-Chip Debt

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Hedge funds are betting the next bond sector to crack will be the $4.5 trillion market for the safest U.S. corporate debt. Some see evidence of problems that won’t be confined to areas such as energy and junk bonds.

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