Worldwide News
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Irvin Goldman, who oversaw risks in the JPMorgan Chase & Co. unit that suffered more than $2 billion in trading losses, was fired by another Wall Street firm in 2007 for money-losing bets that prompted a regulatory sanction at the firm, Cantor Fitzgerald LP, three people with direct knowledge of the matter said.
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European stocks swung between gains and losses and U.S. futures increased before German and French officials meet today ahead of a summit of regional leaders to map a new strategy to contain the debt crisis. Commodities gained on speculation China will ease policy to spur growth.
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Treasuries fell for a second day on speculation record-low yields will curb demand when the U.S. auctions $99 billion of coupon-bearing debt beginning tomorrow.
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DaVita Inc., a provider of kidney dialysis services, agreed to pay about $4.42 billion to acquire HealthCare Partners, an operator of medical groups and physician networks.
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