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Biden will not seek 2016 Democratic presidential nomination

By Jeff Mason WASHINGTON (Reuters) – U.S. Vice President Joe Biden said on Wednesday he would not seek the Democratic nomination for president in 2016, ending months of suspense and removing a huge political obstacle for front-runner Hillary Clinton. “While I will not be a candidate, I will not be silent,” Biden told reporters in the White House Rose Garden with President Barack Obama and Biden’s wife Jill at his

Valeant shares plunge on short-seller scrutiny of pharmacy ties

Shares of Valeant Pharmaceuticals International Inc plunged as much as 30 percent after an influential short-seller accused the company of fraud, saying it used its relationship with specialty pharmacies to inflate revenue. The report by Citron Research, a short-selling firm run by Andrew Left, said Wednesday that Valeant’s previously undisclosed relationship is a sign of a cover-up. The Citron Research report hit shares hard shortly after 10 a.m. EDT in