Alibaba Plans IPO Launch Week

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Chinese e-commerce company Alibaba plans to launch its U.S. initial public offering, which could raise more than $20 billion, early in the week of Sept. 8.

Novartis Data Show Heart Drug Beats Rival

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Novartis presented data showing its LCZ696 heart drug reduced cardiovascular deaths by 20% when compared with a rival treatment, suggesting the Swiss group has a multibillion-dollar product in the making.

Dreamliners Idle on Tarmac

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Company struggles to unload a batch of 787s built during the height of its problems with the plane's design and supply chain snafus.

AIG's New Tack: Data Into Dollars

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Peter Hancock takes the helm at AIG on Monday, aiming to leverage the insurer's trove of data in a quest to boost profits.

Tesco Warns on Profit

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Tesco issued its third profit warning in as many years and said it would slash its interim dividend and reduce capital expenditure as the struggling grocery giant battles fierce competition.

Falling Prices Threaten Europe's Recovery

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Europe's struggle to prevent ultralow inflation from derailing an already fragile economic recovery grew even more challenging as consumer prices weakened to a five-year low in August.

Google Drones Lift Industry Hopes

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Google's entry into the drone business brings financial and lobbying heft that should help the fledging industry overcome technical and regulatory obstacles.

Bad Loans Soar at China State Banks

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China's biggest state-owned banks reported a surge in soured and castoff loans in the first half of the year.

Fiat Chrysler Merger Moves Ahead

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Fiat said its reorganization to create Fiat Chrysler Automobiles is proceeding as enough shareholders opted to retain their holdings in what would become a company with a U.K. tax residency, Amsterdam headquarters and a primary stock market listing in New York.

Financial Beliefs You Might Not Like

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Jonathan Clements shares 13 personal convictions on investing.

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