3M Co. said a deal to sell its drug-delivery business to private-equity firm Altaris Capital Partners LLC will allow it to focus on its core health-care business while retaining a share of the divested unit’s profits. The St. Paul, Minn., manufacturing and technology …
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ST. LOUIS — Southwest Airlines is adding flights to its summer schedule for 2020. The new schedule, running from June 7 through August 10, includes more flights to business markets like Chicago, Denver, Boston, Seattle and New York. The airline’s …
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Media scion Lachlan Murdoch reportedly paid $150 million for an estate in Los Angeles’ Bel Air neighborhood, making it the most expensive home ever sold in the city. According to The Wall Street Journal, Murdoch — the eldest son of media tycoon Rupert …
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It may have been quite the decade for the U.S. exchange-traded fund market, but the next one could see its assets surge tenfold to $50 trillion, Bank of America predicted. “The current growth rate points to ETF assets approaching $50tn over the next decade …
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JPMorgan Chase & Co. Chief Marketing Officer Kirstin Lemkau has been named CEO of the bank’s wealth division. CMO of the New York-based financial services company since 2014, Lemkau confirmed to Forbes on Wednesday evening that she will lead …
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