Tarullo, the Fed's regulatory point man, plans to resign this spring, giving Trump more freedom to remake the central bank.

A muscular-dystrophy drug will cost $89,000 a year in the U.S. despite being available in Europe for far less.

Vanguard has climbed to $4 trillion in assets for the first time, crossing the mark at the end of January.

Ex-AIG CEO Greenberg struck a $9 million settlement with New York state over civil-fraud allegations.

European firms are posting their first rise in earnings in four years, giving local stocks a boost.

Ford acquired majority ownership of Argo AI and plans to invest $1 billion in the artificial-intelligence firm.

Reckitt Benckiser of the U.K. agreed to buy U.S. baby-food maker Mead Johnson for $16.6 billion.

Sears Holdings vowed to cut $1 billion in costs and pare its debts by at least $1.5 billion this year.

Major U.S. stock indexes ended the week at fresh records. The Dow rose 96.97 points to 20269.37.

 

(END) Dow Jones Newswires

February 11, 2017 02:47 ET (07:47 GMT)

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