Mylan, Feeling Heat on EpiPen Price, Will Offer Cheaper Generic

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Mylan said it would launch a generic alternative to EpiPen at a 50% discount after being criticized for sharply raising the price of the lifesaving drug.

U.S. Consumer Spending Rose in July

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Consumer spending rose for the fourth straight month in July, a sign domestic consumption could continue to drive U.S. economic growth over the second half of the year.

Texas, the Surprise Pioneer in Renewable Energy

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The Lone Star state has added more wind-based capacity than any other, as part of an aggressive energy diversification that seeks to skirt ideological land mines.

Why China Hasn't Cut Rates in What Feels Like Forever

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Growth isn’t budging and economic data continues to underwhelm. But China hasn’t eased monetary policy in over six months. Or so it seems.

Glaxo Bets It Can Shake Up HIV Treatment

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GlaxoSmithKline is pinning the future of its HIV business on an audacious bet: upending the decades-old triple-drug treatment strategy that has turned a fatal illness into a chronic condition.

Why the Math Doesn't Work for Today's Market

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With interest rates low and stock valuations distorted, how much cash companies give back to investors is more crucial than ever.

Fed's Dislike of Negative Interest Rates Points to Limits of Stimulus

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Fed officials don’t think negative rates are needed in the U.S. because the economy and job market are improving and they are hoping they will never have to use them in the future given their uncertainty about whether the policy works.

Statoil Recalibrates Giant North Sea Project to Save Billions of Dollars

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Norway’s Statoil has slashed planned spending on the giant Johan Sverdrup field in the North Sea, ensuring it should remain profitable even if oil prices fall to around half current levels.

When Economic Doomsayers Stumble

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It’s early, but data so far suggest the British decision to leave the European Union could be another example of a recurring phenomenon: expert predictions of dire consequences to political decisions that end up proving overheated.

Ford Feels Pressure of China Rivals' Pursuit

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Slowing sales of Ford’s Kuga in China illustrate mounting challenges for foreign auto makers in the country, where growth is moderating and competition from cheaper domestic rivals is squeezing margins.

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