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Biden may offer a restful break for weary voters

Three days before Joe Biden dove back into the deep end of the political pool, a rival, Sen. Bernie Sanders, I-Vt., said the terrorist who bombed the 2013 Boston Marathon, and everyone else in America’s prisons, should be allowed to vote, lest the “chipping away” of voting rights leave America “running down a slippery slope.” Such running — to be ...

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Credit Suisse hides success secrets

Tidjane Thiam, chief executive of Credit Suisse Group AG, says one of his most senior managers has told him not to be too bullish. He should heed the warning. The Swiss bank reported first-quarter earnings that beat estimates for both net income and revenue. Wealth management assets increased by a net 5 percent, marking a rebound from the end of ...

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It’s hard to win against a CEO with a 300% return

European shareholder activism has suffered a painfully public humiliation. The lesson for investors is clear: Pick your battles. Paris-based investment fund CIAM wanted to split the chairman and CEO roles at French re-insurer Scor SE, which has been run for 17 years by Denis Kessler. In addition, it tried to prevent the reelection of the company’s lead independent director Augustin ...

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