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Asian companies and sovereigns sold no dollar-denominated bonds last week for the first time since January after yields surged on the deepening debt crisis in Europe and slowing industrial output in China.
China Petrochemical Corp., the refiner known as Sinopec Group, sold the last securities in the U.S. currency on May 10, before the slowest […]

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U.S. companies in March posted the highest number of job openings in nearly four years, a sign that hiring could strengthen in the coming months after slowing this spring.
The Labor Department says employers advertised 3.74 million job openings in March. That’s up from a revised 3.57 million in February. The March figure was the highest […]

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Chesapeake Energy’s CEO is about to lose a controversial perk that allowed him to take personal stakes in wells drilled by the company.
Chesapeake’s board said Thursday Aubrey McClendon agreed to negotiate an early termination of the program, which was overwhelmingly approved by shareholders in 2005 for a 10-year term.

The board is also reviewing […]

Romania’s government fell Friday in a no-confidence vote, as opposition parties seized on widespread public anger over biting austerity measures, cronyism and corruption.
Some 235 lawmakers voted against the government of Prime Minister Mihai Razvan Ungureanu, four more votes than needed.
Opposition leader Victor Ponta said the vote represented the end “of an abusive system that uses […]

Tired of waits to fill orders and lack of control over his Asian factories, Pierrick Haan, chief executive officer of Dupont Medical, decided last year to return production of some wheelchairs and medical equipment to France.
The 150-year-old Dupont Medical created 20 jobs making custom devices at a plant in central France — and will […]

The long legal saga of Francine Katz took another small step forward Wednesday.
Lawyers for Katz and Anheuser-Busch - which Katz sued in 2009 claiming gender discrimination - wrangled in a St. Louis courtroom over how much information in the case will be deemed confidential.
In December, A-B asked Judge Joan Moriarty to grant a protective order […]

McKendree University has acquired the 18-hole Locust Hills Golf Course in Lebanon for $1.4 million, nearly doubling the size of the school’s campus. 
McKendree bought the public golf course for its future development needs but plans to keep the course open for now, the school said in a statement. The golf course is located at 1015 […]

Salvage work to remove the capsized Costa Concordia cruise ship from its rocky perch off Tuscany, where 32 people died, will begin early next month and is expected to take a year, the Italian owner announced Saturday.
The U.S.-owned company Titan Salvage won the bid to remove the ship, which struck a reef off the tourist-dependent […]

Exxon is teaming up with Russian oil giant Rosneft to develop oil and natural gas fields in Russia and North America.
The companies on Monday signed an agreement that was first announced in August. The signing ceremony in Russia was attended by Russian Prime Minister Vladimir Putin.
Exxon gains access to Russia’s prized offshore reserves in the […]

After a stellar first-quarter performance, investors are hoping the stock market can maintain its momentum into the holiday-shortened week ahead.
The major indexes all posted gains last week, closing out a blockbuster quarter.

In the first three months of 2012, the Dow Jones industrial average gained 8.1%, the S&P rose 12% and the Nasdaq advanced 19%.
It […]