Carl Icahn Takes Stake in Bristol-Myers

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Carl Icahn has taken a stake in Bristol-Myers Squibb Co., making him the second big activist to pressure the company following disappointment in its cancer-treatment efforts.

Government Wins Flexibility on Fannie and Freddie

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A major court ruling underscores that what to do with Fannie Mae and Freddie Mac is a political question.

Alexa, Siri, Cortana: The Problem With All-Female Digital Assistants

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Men and women may prefer female voices for their digital assistants, but it’s about time we had more male options, writes Joanna Stern.

Why Verizon Decided to Stick With Yahoo Deal

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Verizon shaved the price it will pay for Yahoo’s core business but is pushing ahead with the deal, in a bet that the chance to expand into digital advertising trumps the risk of further fallout from massive data breaches at the struggling internet pioneer.

Wal-Mart Posts Strong Holiday Sales

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Wal-Mart reported strong sales over the winter holiday season, a marked contrast with the weak numbers posted by many brick-and-mortar competitors including Target and Macy’s.

UPS to Start Ground Deliveries on Saturdays

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United Parcel Service said it would start making ground deliveries on Saturdays and showed off a drone delivery test, part of broader investments by the carrier to try to keep up with the shift to online shopping.

Gilead Goes to the Head of the Line

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Gilead Sciences’s approach to the biotech deals market involves more than just waiting.

Can an Outside CEO Succeed? Look at the Board

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CEOs hired from outside a company are more likely to have poor business performance and short tenures if their new employer’s board is more diverse than corporate boards they previously served, a study finds.

What to Learn From Kraft Heinz and Unilever

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Moving out of food would raise questions as to how Kraft Heinz bid for Unilever would achieve the kind of savings investors have come to expect from a deal driven by 3G Capital.

Lawmakers Seek Tighter Scrutiny of Chinese Investment in U.S.

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Lawmakers from both parties are mounting efforts to bolster scrutiny of surging Chinese investment in the U.S., emboldened by President Trump’s anti-China rhetoric on trade.

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