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Bittrex Files for Bankruptcy After SEC Sues the Crypto Platform

Bittrex Inc., once among the country’s biggest crypto trading platforms, filed for bankruptcy Monday after...

Baxter Selling Biopharma-Solutions Arm for $4.25 Billion

The sale to private-equity firms Advent International and Warburg Pincus comes as the medical-products company streamlines its focus. Source link

Ares Sets Sights on $10 Billion for Direct Loan Fund

Ares Management is raising its third fund dedicated to extending loans to midsize U.S. businesses, seeking 25%...

Stock Funds Rise, but Outlook Is Iffy

Large-cap funds did better than most in April, though many issues could rain on investors’ parade. Source link

Banks Are in the Grips of Investor Crisis of Confidence

First Republic Bank’s failure demonstrates why lenders are vulnerable to a loss of faith. Source link

Berkshire Hathaway Kicks Off Annual Meeting With Big Jump in Earnings

Warren Buffett and right-hand man Charlie Munger are scheduled to answer roughly 60 questions from the public during the company’s annual meeting. Source link

What Investors Should Know About Money-Market Funds and CDs

Investors are turning to these cash-equivalent investments, some of which are yielding 5% or more. But it pays to have a strategy beyond fear. Source...

DOJ Settles Antitrust Case, Clearing Way for Assa Abloy Deal

The Swedish lockmaker has agreed to sell some of its brands to another company. Source link

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