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Too hot to work?


Climate change could slash labor productivity in some countries by as much as 25 percent over the next 30 years, according to a report by Verisk Maplecroft on Wednesday.

Where the midsized mergers are happening next

Merge lanes road sign

The big U.S. defense companies have used piles of cash to increase share buybacks and dividends. Now they're going to move ahead on mergers and acquisitions, say analysts who follow the industry.

Top firm CEO resigns


Brazilian billionaire Andre Esteves resigned all of his posts at Grupo BTG Pactual SA after he was jailed indefinitely, and the bank’s leaders spent the weekend in emergency talks to sell assets and acquire his controlling stake.