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Financial Services
Complex Fund Names May Be a Warning Sign for Investors
The more-wordy your fund name, the worse it does, says a professor who ran the numbers. But the reason isn’t clear. Source link
FDA Approves Leqembi, Extending Alzheimer's Treatment to More Patients
Medicare enrollees can get the anti-amyloid treatment as a result of the agency’s full approval. Source link
FIS to Sell Majority Stake in Worldpay for $11.7 Billion
Private-equity firm GTCR will hold a 55% stake following the deal that values the payment processor at $18.5 billion. Source link
U.S. Oil Boom Blunts OPEC's Pricing Power
U.S. petroleum production is on pace for a record-breaking year, helping to keep energy prices stable despite the efforts of Saudi Arabia and other major
U.S. Oil Boom Blunts OPEC's Pricing Power
U.S. petroleum production is on pace for a record-breaking year, helping to keep energy prices stable despite the efforts of Saudi Arabia and other major
Stocks Withstand Earnings-Day Declines From Goldman Sachs, Johnson & Johnson
Bank of America was among the other big companies reporting Tuesday. Source link
Kidney-Care Specialist Diaverum Expected to Be Sold in $2 Billion Deal
Mubadala-backed M42 would buy the operator of 440 dialysis clinics from buyout firm Bridgepoint. Source link
Republicans Pummel SEC's Gensler Over Crypto Crackdown
The agency’s chair says he has never seen an industry “so noncompliant with laws.” Source link
Republicans Pummel SEC's Gensler Over Crypto Crackdown
The agency’s chair says he has never seen an industry “so noncompliant with laws.” Source link