Uber Crosses $50 Billion Valuation

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Uber has closed a new round of funding that values the five-year-old ride-hailing company at close to $51 billion, reaching the mark faster than Facebook did.

Uber Crosses $50 Billion Valuation

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Uber has closed a new round of funding that values the five-year-old ride-hailing company at close to $51 billion, reaching the mark faster than Facebook did.

Oil Prices Fall as U.S. Rig Count Rises

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Oil prices are dropping and on pace to set new multi-month lows Friday as data show U.S. producers are putting more drilling rigs to work despite a lingering world-wide glut.

Lamborghini Plots First Sport-Utility

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Italian sports-car maker Lamborghini envisions big changes for its product line and production methods, aiming to build its first sport-utility with components borrowed from parent Volkswagen vehicles.

Exxon's M&A Edge Over Chevron Amid Low Oil Prices

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Big Oil’s resiliency is strained amid low oil prices, but Exxon could yet capitalize via acquisitions.

Marines Say Costly F-35 Jet Fighter Is Finally Ready

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The U.S. Marine Corps said Lockheed’s F-35 Joint Strike Fighter is finally ready for combat, a milestone for the world’s most expensive weapons program.

Oil Shares Weigh on Dow

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Oil majors pulled the Dow Jones Industrial Average lower in afternoon trading Friday after a report indicated an increase in U.S. oil drilling.

ArcelorMittal Says It Needs a Better Labor Pact in U.S.

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ArcelorMittal, the world’s biggest steelmaker, said it needs to raise health-care premiums for its U.S. workers and retirees and freeze or cut pay for some employees.

Amgen to Undergo Experimental Treatment

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Amgen shareholders should be watching the development of U.S. biosimilars carefully.

Stock Trading Resumes in Athens on Monday

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Trading in Greek stocks will resume next week on the Athex exchange, ending a more than monthlong closure during which the country struggled to avoid an exit from the eurozone.

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