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Two large investors — Ares Management LLC and the Canada Pension Plan Investment Board — have reached a deal to purchase Neiman Marcus, Inc., for $6 billion, the companies said Monday. The two buyers will hold equal shares of Neiman, which is based in Dallas.

President Obama called the unnamed man "one of the most important intelligence agents that the United States has ever had in Cuba." The agent spent nearly two decades in a Cuban prison.

Also: U.N. envoy calls for transitional government in Syria; former President George H.W. Bush remains hospitalized; and talks to avoid an East Coast port strike resume.

Oracle CEO Larry Ellison ranks No. 3 and the Koch brothers jointly occupy the No. 4 spot on the list of the wealthiest Americans.

As President Obama tries to make good on threats to punish Syrian officials for crossing a "red line" with their suspected use of chemical weapons, he's being buffeted by political crosscurrents.

Lots of Americans spend some time near the top of the income ladder — and many spend at least a few years in poverty.

Target is ousting its CEO, months after a massive data breach and amid some other business issues.

Officials say the gunman is Bradley William Stone, 35, who also left one person seriously wounded. Victims were shot in three different Montgomery County towns, officials say.

U.S. and Pakistani intelligence operatives captured the Taliban's second-in-command. Mullah Abdul Ghani Baradar effectively ran the organization, U.S. officials say, directing Taliban military strategy in Afghanistan and controlling the group's finances.

The cost of the 2012 election will top a record $6 billion, according to the Center for Responsive Politics. If you find it difficult to visualize that figure, here are a few other ways to think about what $6 billion could buy.

U.S. employers added far more jobs than expected — 288,000 — in April, the Bureau of Labor Statistics reports. In a separate survey, the unemployment rate dipped by 0.4 percentage points.

Editor Franklin Foer and longtime literary editor Leon Wieseltier are both leaving. The magazine will drop from 20 issues a year from 10 and move its headquarters from Washington, D.C., to New York.