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Fink, Wall Street’s Ultimate Key Man, Holds Tight to BlackRock

(Bloomberg) -- Around his 71st birthday, Larry Fink began to blue-sky about the future.Most Read from BloombergNJ College to Merge With State School After Financial StressNYC Congestion Pricing Toll Gains Support Among City ResidentsWhere New York City's Zoning Reform Will Add HousingInside the ‘Not Architecture’ of High Line Designers Diller Scofidio + RenfroElectric Construction Equipment Promises a Quiet RevolutionWhat would it take, the billionaire mused with associates, to really grow the f

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Exclusive-Bayer share drop draws market regulator's scrutiny, source says

FRANKFURT (Reuters) -Germany's financial markets watchdog has started an initial probe to examine whether Bayer fairly disclosed plans to get shareholder approval for a potential capital increase, a regulatory source told Reuters on Tuesday. Under the "routine" investigation that was triggered by the strong decline in Bayer's share price last Friday, watchdog BaFin is checking whether there are grounds for a wider investigation, the person familiar with the matter told Reuters. The healthcare and agriculture group said in a statement on Friday it would seek shareholder approval to potentially increase shares outstanding by close to 35% over the next three years to cover possible costs of U.S. litigation.

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Volatility Curve’s Inversion Suggests Short-Term Stock Pain

(Bloomberg) -- The rise in volatility has been very gradual amid a market slump that had one-day price action like there is no tomorrow. Meanwhile the VIX Index’s future curve isn’t suggesting lasting stress yet.Most Read from BloombergNJ College to Merge With State School After Financial StressNYC Congestion Pricing Toll Gains Support Among City ResidentsBuffalo’s Billion-Dollar Freeway Fix Is on Ice, But Not Because of TrumpWhere New York City's Zoning Reform Will Add HousingInside the ‘Not Ar

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US job openings rose to 7.7 million in January, a sign Trump inherited a strong labor market

U.S. job openings rose at the start of the year, another sign the job market was solid when President Donald Trump returned to the White House. U.S. employers posted 7.7 million vacancies in January, the Labor Department reported Tuesday, up from 7.5 million. The outlook for the labor market is murky as Trump wages a trade war with foreign countries, purges federal workers and threatens to deport millions of immigrants.

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