Monthly Archive: May 2018

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Serbia’s finance minister Dusan Vujovic quitting post

BELGRADE, Serbia — Serbia’s government says finance minister Dusan Vujovic is quitting his post for personal reasons. The office of Prime Minister Ana Brnabic said Tuesday that Vujovic has sent a letter informing her of the decision. A former World Bank economist, Vujovic joined the Serbian government in 2014. It was not immediately clear who […]

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Think you’ve got a tough job? Try being a nurse

Today’s nurses face many health challenges, including an increase in violence from patients and long shifts that leads to an unhealthy lifestyle, according to new research.

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Japanese drug maker Takeda agrees to buy Ireland’s Shire

TOKYO — Japanese drugmaker Takeda has agreed to buy Shire Plc for 46 billion pounds ($62.4 billion) in cash and stock — one of the biggest deals ever in the pharmaceuticals industry, the companies said in statements Tuesday. Takeda will pay the equivalent of 49.01 pounds in cash and stock for each share of Shire, […]

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Fed’s Powell: Rate hikes should not upend the global economy

WASHINGTON — Moves by the Fed and other major central banks to raise interest rates after a long period of keeping them low should not be disruptive to the global economy, Federal Reserve Chairman Jerome Powell said Tuesday. In remarks prepared for a financial conference in Zurich, Powell said that the role U.S. monetary policy […]

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Google to showcase AI advances at its big conference

MOUNTAIN VIEW, Calif. — Google is likely to again put artificial intelligence in the spotlight at its annual developers conference Thursday. The company’s digital concierge, known only as the Google Assistant, could gain new abilities to handle tasks such as making restaurant reservations without human hand-holding. Google may also unveil updates to its Android mobile […]

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Hill panel probing opioids abuse targets distributor firms

WASHINGTON — Congressional investigators say wholesale pharmaceutical distributors shipped hundreds of millions of prescription opioid pills to West Virginia, a state disproportionately ravaged by deaths caused by the addictive drugs. Now, lawmakers want executives of those companies to explain how that happened. Current and former officials from five distributor companies are set to give sworn […]

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Royal Dutch Shell to sell stake in Canadian Natural Resources

TORONTO — Royal Dutch Shell says it is selling its stake in Canadian Natural Resources for about $3.3 billion. Shell says the sale of more than 97 million shares represents its entire interest in Canadian Natural. The company said in a statement Monday night that proceeds from the sale will contribute to reducing net debt. […]

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Groups to sue Ben Carson over delay of anti-segregation rule

WASHINGTON — A group of advocacy organizations plans to sue the Department of Housing and Urban Development and its secretary, Ben Carson, over his decision to delay an Obama-era rule intended to ensure that communities confront and address racial segregation. A draft of the lawsuit argues that Carson illegally suspended the Affirmatively Furthering Fair Housing […]