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Salvini backs coalition, quelling breakup fears

Bloomberg Deputy Prime Minister Matteo Salvini had everyone worried he would force the collapse of Italy’s government. Now he’s won concessions that have appeased him, at least for the moment. Premier Giuseppe Conte handed Salvini a victory with support for a high-speed Alpine rail link with France, a project the rightist League chief has championed in a long-running clash with ...

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Stocks turn mixed on results, Treasuries gain with bonds

Bloomberg US stocks were mixed as investors mulled weak economic data and mixed corporate results, including an unexpected quarterly loss for Boeing. Treasuries advanced along with bonds in Europe. In addition to Boeing, Caterpillar weighed on the Dow Jones Industrial Average after the equipment maker projected earnings at the low end of forecasts. UPS helped to keep the S&P 500 ...

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Health insurers sink as rising spending gauge alarms investors

Bloomberg Health-insurance stocks sank across the board after Anthem Inc became the third insurer to report it is paying out a higher percentage of the premiums it takes in to cover patients’ medical claims. Investors watch the so-called medical-loss ratio reported by health insurers closely. The number is a key measure of the companies’ financial health; when the ratio goes ...

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