Soros Fund Management Chief Investment Officer Bessent to Depart

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The head of George Soros’ investment firm is departing to start his own hedge-fund firm, according to an internal memo reviewed by The Wall Street Journal.

A Hard Lesson on Building in Chile

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Last summer, Chilean billionaire Horst Paulmann completed what he expected to be a crowning achievement of his business career: South America’s tallest building. But the development is turning into a black eye.

Chesapeake Energy's Moody Shareholders

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The market’s reaction to Chesapeake Energy’s dividend cut has provided a buying opportunity and potentially makes the company attractive to an acquirer.

Shire Mounts $30 Billion Bid for U.S. Biotech Baxalta

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Shire made an unsolicited offer worth $30.6 billion for rare-disease-treatment maker Baxalta, the latest example of a foreign company using its tax-friendly status to go after a U.S. firm.

Lockhart Says Fed 'Close' to Being Ready for Rate Rise

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Federal Reserve Bank of Atlanta President Dennis Lockhart said the economy is ready for the first increase in short-term interest rates in more than nine years and it would take a significant deterioration in the data to convince him not to move in September.

Lockhart Says Fed 'Close' to Being Ready for Rate Rise

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Federal Reserve Bank of Atlanta President Dennis Lockhart said the economy is ready for the first increase in short-term interest rates in more than nine years and it would take a significant deterioration in the data to convince him not to move in September.

Need a $3 Million Home Loan? J.P. Morgan Just Made It Easier

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J.P. Morgan Chase is lowering the minimum down payment and credit score for some big mortgages, as lenders vie to cater to borrowers in the high-end housing market.

Bird in Regeneron's Hand Is Enough

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Strong Eylea sales sent Regeneron stock—and future expectations—ever higher.

Epson Kills the Printer Ink Cartridge

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The new EcoTank printers costs more up front but can churn for years without running dry, Wilson Rothman says.

Ctrip and Tencent Take an eLong Journey

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Tencent’s bid for a piece of eLong shakes up Ctrip’s plans to consolidate China’s burgeoning online travel market.

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