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Asian stocks plunged Friday after discouraging U.S. economic reports unnerved investors already worried about the stability of the 17-country eurozone.
Japan’s Nikkei 225 plummeted 2.4 percent to 8,660.23, as a strengthening yen battered the country’s behemoth export sector.
Hong Kong’s Hang Seng fell 2.1 percent to 18,802.45 and Australia’s S&P/ASX 200 dropped 2.2 percent to 4,064.40.
South Korea’s […]

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JPMorgan Chase is expected to accept the resignation of one of the highest-ranking women on Wall Street after the bank lost $2 billion in a trading blunder, a person familiar with the matter said Sunday.
The bank will accept the resignation of Ina Drew, its chief investment officer, the person told The Associated Press, speaking on […]

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The smoldering debate over European austerity flared hotter Tuesday as the left-wing politician trying to form a new Greek government declared that his country is no longer bound by its pledges to impose crippling cutbacks in return for rescue loans.
The comments by Alexis Tsipras flew in the face of EU leaders’ insistence on fiscal discipline […]

Say-on-pay votes are usually routine, but when they’re not they bring a potential for controversy and embarrassment that most executives are facing for the first time.
Just ask the folks at Aegion. The pipe repair company, based in Chesterfield, got 99 percent shareholder approval for its pay practices last year. This year, ISS, a leading governance […]

ST. LOUIS • The Rams’ plan to renovate the Edward Jones Dome is signed, sealed, delivered — but not yours to see.
The Rams and the St. Louis Convention and Visitors Commission, the public agency that operates the Dome, are not releasing the team’s proposal, even though taxpayers would likely fund the bulk of the improvements.
Officials […]

Organizers say Beijing has forced the cancellation of a conference on legal protection for private industry amid heightened sensitivity over the country’s biggest political scandal in years.
A leading Beijing lawyer said legal authorities in the capital called him Saturday to demand it be called off. The conference had been scheduled for Saturday and Sunday in […]

Less than a year after Arch Coal Inc. paid $3.5 billion for rival International Coal Group Inc., the Creve Coeur-based company is shopping some of its mines, Bloomberg News reported today.
The report, citing unnamed sources, said Arch Coal could raise $600 million or more by selling several mines that produce thermal coal, a fuel burned […]

News Corp. chairman Rupert Murdoch defended his globe-spanning, half-a-century long media career Wednesday, telling an inquiry into U.K. media ethics that he never called in favors from the powerful people his papers covered.
Speaking softly, deliberately and with dry humor, Murdoch parried one question after the other about the influence his dominant media operations had in […]

Home prices dropped in February in most major U.S. cities for a sixth straight month, a sign that modest sales gains haven’t been enough to boost prices.
The Standard & Poor’s/Case-Shiller home-price index shows that prices dropped in February from January in 16 of the 20 cities it tracks.
The steepest declines were in Atlanta, Chicago and […]

Iconic investor Warren Buffett announced Tuesday that he has been diagnosed with stage I prostate cancer in a letter to shareholders of his firm Berkshire Hathaway.
Buffett, 81, said his "condition is not remotely life-threatening or even debilitating in any meaningful way," and that additional tests didn’t reveal incidence of cancer anywhere else in […]