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GlaxoSmithKline Fires R&D Boss in Data Scandal

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The head of R&D in China was dismissed after an anonymous email tip led to an investigation that determined data used in a 2010 research paper on multiple sclerosis were "misrepresented," the company said.

SAC Capital Redemptions $2 - $3bn

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The hedge fund SAC Capital received between $2 billion and $3 billion in requests last week from investors for the return of capital, say people familiar with the matter, with the total being closer to $3 billion amid an intensifying Justice Department investigation.