Banks Seeking China IPO Hired CEO's Kin

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As banks angled to participate in the IPO of China's Tianhe Chemicals, three of them—UBS, Investec and J.P. Morgan—hired the daughter of the CEO.

Berkshire Posts Record Quarterly Profit

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Warren Buffett's conglomerate reported a 41% jump in earnings tied to gains at its railroad, energy and other businesses as the U.S. economy continued its recovery.

How a Corporate 'Inversion' Could Raise Your Taxes

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Tax Report: Shareholders in U.S. companies involved in inversion deals are likely to owe capital-gains tax.

Gaming-Equipment Makers Merge

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Scientific Games agreed to acquire Bally Technologies for $3.3 billion, continuing the consolidation trend in the gaming-equipment industry.

GoPro's Nimble But Can't Dodge the Wipeout

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GoPro's stock slumped despite a good set of quarterly results—and it still looks vulnerable.

Can You Afford Early Retirement?

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The five-year rally in stocks has bolstered workers' nest eggs. But consider these six issues first.

Chinese High-Rollers Take Lower Profile

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China's anticorruption campaign is damping revenue at Macau's casinos, as well as spending at Hong Kong's luxury malls, as conspicuous consumption loses its cachet.

Index Providers Mull Removing Russian Firms

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Two big index providers are considering stripping out some Russian companies from their indexes, potentially handing investors another reason to avoid the country.

Harley Recalls Bikes Over Ignition Switch

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Harley-Davidson said it is recalling 4,520 motorcycles globally because of an ignition switch problem that could cause the bike to shut down while riding.

Allergan Sues Over Valeant-Ackman Ties

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Allergan filed a lawsuit claiming Valeant Pharmaceuticals, investor William Ackman and his firm Pershing Square violated securities laws prohibiting insider trading, among other things, in the companies' takeover battle.

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