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U.S. media CEOs are top paid even in year when stock prices lagged
Investors in some top U.S. media companies have had a rough ride as their shares have lagged the rest of the market. You just wouldn’t know it if you looked at the bank accounts of their top executives.
Bond market blues hammer stocks, drive euro higher
Government bonds sold off again on Tuesday, driving down stocks and helping push the euro sharply higher against the dollar.
Verizon to buy AOL in $4.4 billion deal
Verizon Communications Inc (VZ.N) said it would buy AOL Inc (AOL.N) in a deal valued at about $4.4 billion to gain access to AOL's digital advertising service and content.
Picasso painting sells for $179.4 million, smashing art auction record
A Picasso oil painting from 1955 smashed the record for the most expensive artwork ever sold at auction when it soared to $179.4 million at Christie's on Monday.