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FirstEnergy’s ailing units file for bankruptcy

Ohio-based FirstEnergy Corp’s (FE) debt-ridden subsidiaries have filed for Chapter 11 bankruptcy. The power generator made this announcement just days after it revealed the company’s…

Takeda likely to make a move for Shire

Japanese pharma giant Takeda Pharmaceuticals is said to be planning to bid for London’s leading drug company Shire Pharmaceuticals (Nasdaq: SHPG). The news sent Shire’s…