With the government shutdown now in its third week, financial regulators are urging creditors to work with borrowers who may have seen their paychecks stop. Federal workers unable to meet their mortgages, student loans or credit cards bills should be met with “safe-and-sound” lending practices, wrote a group of agencies, including the Consumer Financial Protection
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Consumers and investors will “ultimately” come to value pharmaceutical companies that focus on curing diseases rather than treating them, Novartis CEO Vas Narasimhan said Monday. Speaking at the 37th annual J.P. Morgan Healthcare Conference in San Francisco, Narasimhan told CNBC that Novartis may have to start separating itself from the idea that profitable medications —
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Ken James | Bloomberg | Getty Images A worker in a Union Pacific locomotive maintenance facility, in Roseville, California. Check out the companies making headlines after the bell: Union Pacific shares rose more than 6.5 percent after hours as it hired a new chief operating officer. Jim Vena, who previously worked for Canadian National Railway,
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Another set of individuals was offered a program that included public goal setting, monitoring and non-financial rewards. That group saw the number of savings deposits grow 3.7 times. The average balance nearly doubled. The group that was offered the higher savings rates, however, saw little change. “The motivation is not the problem of those participants;
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