Exxon Mobil Posts Smallest Profit Since 1999 Merger

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Exxon Mobil, the largest U.S. oil company, reported its smallest quarterly profit since 1999, a 63% plunge from a year ago, as oil prices remain depressed.

Earnings on Pace for Third Straight Decline

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U.S. corporate profits are set to decline for the third straight quarter, the longest and broadest slide in earnings since the financial crisis, weighed down by the energy slump and slowing growth around the world.

Volkswagen: Why Digital Could Be Harder than Diesel

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The emissions scandal continues to distract Volkswagen’s management from its real problem: technological disruption.

U.S. Inflation Reading Advances Only Modestly in March

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Inflation remained modest in March, a sign that pricing pressures are in check amid slow growth in the U.S. and overseas, and low oil prices.

What Slump? How Eurozone Growth is Bucking the Global Trend

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Unusually, the eurozone is leading the way. Strong first-quarter growth bodes well for the year.

Employment Costs Improve at Modest Rate in First Quarter

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Employers’ personnel costs rose modestly during the first quarter, but broader trends show Americans aren't seeing larger raises.

Oil Companies Begin to Benefit From Cost Cuts

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Big cost cuts in areas like staffing levels and exploration budgets helped some of Europe’s biggest energy companies generate results that were an improvement on the past quarter.

Rovi to Buy TiVo in $1.1 Billion Deal

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Rovi Corp. said it would acquire TiVo Inc. for about $1.1 billion, a tie-up that comes as consumers are increasingly changing how they watch videos.

Valeant Files Overdue Annual Report

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Valeant Pharmaceuticals International Inc. filed its overdue annual report on Friday morning, likely resolving the looming danger of debt default for the Canadian company.

China's Banks Face Bad-Loan Pinch

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Chinese banks’ precarious balance of provisioning just enough for bad loans while keeping profits flat won’t last much longer.

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