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European Union businesses say that some 4.5 million workers may lose their jobs this year as company profits plunge. BusinessEurope, which represents more than 20 million European companies, said it expected the European Central Bank to lower ...

Biotechnology company Gilead Sciences said today it will buy CV Therapeutics for about $1.4 billion as a wave of consolidation in the drug industry continues. Gilead, best known for its HIV drugs, said it will pay $20 per share in cash for Palo Alto ...