Merck Drug Shows Improved Odds for Melanoma Patients

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Merck’s new cancer drug Keytruda improved the survival odds of patients with the skin cancer melanoma compared with Bristol-Myers Squibb’s Yervoy, in the first head-to-head study of a new wave of drugs that harness the body’s immune system to destroy tumors.

Oil Drillers Plot Survival Plan

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The Week Ahead: American oil drillers, battered and bruised by the steep drop in crude prices, are descending on Houston this week to plan their survival.

Twelve Injured in PG&E Pipeline Rupture

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Twelve people were injured and six were being treated for critical or serious injuries at a Fresno, Calif., hospital over the weekend after a PG&E Corp. natural gas pipeline ruptured and ignited a fire.

Foreign Companies at Risk From Proposed Chinese Law

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Major foreign companies and several Chinese Internet companies with U.S. stock-exchange listings are using a corporate structure in China in a way that may be rendered illegal under a proposed law.

Shopping Mall Developer Taubman Dies

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A. Alfred Taubman, the self-made billionaire who cemented the enclosed shopping mall into American culture has died. He was 91.

Comcast, Time Warner Cable to Meet With DOJ Over Merger

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Comcast and Time Warner Cable are preparing to meet with officials from the Department of Justice to address concerns that the merger of the two cable giants will hurt competition.

Peugeot, Dongfeng Announce Small-Car Platform

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French car maker PSA Peugeot Citroën and its Chinese partner Dongfeng Group said they would invest $216.1 million to develop a new platform for both companies’ next generation of small cars.

China's Gray Market Worries Auto Makers

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China is encouraging gray-market luxury-car sales, posing a challenge for Audi, BMW, Mercedes-Benz and others trying to hold on to profit margins considered some of the best in the world.

Prologis to Buy KTR for $5.9 Billion

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Prologis, a big owner of warehouses and retail-distribution centers, has agreed to buy industrial-property owner KTR Capital Partners for $5.9 billion, in one of the largest real-estate deals so far this year.

GM China Venture to Develop New Products

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A General Motors’ joint venture in China said it plans to spend 100 billion yuan, or $16 billion, in new-car development in the 2016 to 2020 period to cater to Chinese tastes.

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