BUSINESS

Aetna Paying $5.7B for Coventry Health Care

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Aetna Inc. (NYSE:AET) will pay about $5.7 billion in cash and stock to buy Coventry Health Care Inc. (NYSE:CVH), a managed health care company with a big market share in Medicare- and Medicaid-related products.
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Traders work at their desks in front of the DAX board at the Frankfurt stock exchange

European Markets Mixed Ahead Of EU Meeting

European markets were mixed Monday as investors remained watchful ahead of the meetings between the Greek and other European leaders this week to discuss measures to tackle the economic and financial instability plaguing Greece.
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Asian Stocks Fall But Stimulus Hopes Persist

Asian stocks fell Monday as it became apparent to investors that Europe's policymakers were still lingering on taking decisive action to contend with the euro zone debt crisis.
Supreme Court of India

Showdown for Big Pharma in Supreme Court

The Supreme Court will hear final arguments starting this week in a landmark case over drug patents that could change the rules for the country's healthcare sector and potentially curb its global role as a supplier of cut-price generic medicines.
Apple vs Samsung

Technology Focus: Why Apple And Samsung Should Settle Now

After three weeks of testimony, the case of Apple Inc. (Nasdaq: AAPL) vs. Samsung Electronics Co. Ltd. (Seoul: 005930) is over. U.S. District Court Judge Lucy Koh could instruct the nine-member civil jury in San Jose, Calif., as early as Tuesday The parties should settle first.
1907 Puck magazine cover image uses a Humpty Dumpty reference to illustrate the state of financial capitalism. A wall of "Rotten Finance" formed by figures like John D. Rockefeller, J. Pierpont Morgan and Edward H. Harriman has failed to prop up

Portrayals Of Wall Street As Greedy, Selfish And Rotten - 100 Years Ago (Photos)

It may be surprising to many who believe that Wall Street and global finance are inherently malevolent that a century ago, the public had a very similar perception of financial services, a notion that was channeled by editorial cartoonists in hard-hitting illustrations in magazines like Puck and newspapers like the New York Herald. These cartoons would be as fitting today as they were in 1912.
The Jefferson Lies

Glenn Beck May Revive 'Jefferson Lies' After The Book Is Pulled By Publisher For Inaccuracies; Is Publishing Broken?

In a phone interview with the International Business Times, the evangelical author David Barton said he was approached by four publishers, among them conservative talk-show host Glenn Beck's imprint, to distribute "The Jefferson Lies" after publisher Thomas Nelson halted shipments because of claims that it contains numerous mistakes. This incident raises again the question of why publishers are unable or unwilling to ensure the accuracy of the books they print.
Bob Diamond

British Parliament Bashes Bob Diamond In LIBOR Report

The British parliament criticized former Barclays Plc (London: BARC) CEO Bob Diamond in a report released Saturday, saying that he failed to fully disclose the bank?s illegal practices during testimony on the LIBOR scandal.

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