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Layoffs part of MGM Resorts plan to boost cash flow

MGM Resorts International said it plans to boost operating cash flow with an additional $100 million over the next three years by trimming the number of managers, centralizing operations and investing in technology.

Bristol-Myers Squibb paying $74B for fellow drugmaker Celgene

Bristol-Myers Squibb is spending $74 billion on fellow drugmaker Celgene in a deal aimed at stocking the combined company’s development pipeline with cancer, immunology and cardiovascular treatments.

Saudis want death penalty for suspects in Khashoggi killling

Saudi prosecutors will seek the death penalty for at least five people in the slaying of Washington Post columnist Jamal Khashoggi, the kingdom’s state media reported on Thursday as 11 suspects attended their first court hearings.

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