Toyota Motor Corp. is readying electric motors that include as much as 50 percent less in rare earths amid concern of a supply crunch as automakers race to expand their electric-vehicle lineups. Asia's biggest carmaker has developed a magnet for the motors that as much as halves the use of a rare
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“The disclosure of 113 billion rupees ($1.75 billion) of fraudulent transactions at Punjab National Bank will raise doubts about underwriting standards and operational risks at Indian state-owned banks,” Bloomberg Intelligence analyst Diksha Gera wrote in a report. “Regulators and investors are also
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The Audit Committee of MiMedx's Board of Directors has engaged independent legal and accounting advisors to conduct an internal investigation into current and prior-period matters relating to allegations regarding certain sales and distribution practices at the Company. Company executives are also
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Biotech MiMedx Group Inc.'s shares MDXG, -6.22% were halted in premarket trade after falling 23%, for news that the company is delaying the release of fourth-quarter and full-year 2017 earnings to conduct an accounting review. The audit committee has hired legal and accounting advisers to conduct
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Grocer Albertsons Cos. will buy drugstore chain Rite Aid Corp. in a deal that would accelerate the remaking of the U.S. retail and health-care industries. The takeover serves several purposes. Rite Aid will get a buyer after a failed merger with another chain last year. Albertsons will add new locations and
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