Exxon CEO Now a Contender for Secretary of State

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President-elect Donald Trump widens the circle of candidates for the nation’s top diplomatic job, a list that now includes Exxon CEO Rex Tillerson.

Cheung Kong Bids $5.4 Billion for Duet Group

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Australian pipeline operator and power distributor Duet Group said Cheung Kong Infrastructure Holdings, controlled by billionaire Li Ka-shing, had made a takeover bid worth around $5.4 billion.

Apple Signals Interest in Self-Driving Software

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Apple confirmed for the first time its interest in autonomous-vehicle technology, but it remains unlikely the company will design or build a complete car.

Builders Face Headwinds From Rising Land and Labor Costs

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Investors will get fresh insight into the U.S. home builder sector next week as Toll Brothers Inc. and Hovnanian Enterprises Inc. report earnings. Shares in the sector have trailed the broader market in recent months.

Global Economy Week Ahead: Fed Speakers, ECB Meeting, Japan Wages

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U.S. monetary policy will take center stage early in the week, with three Federal Reserve officials speaking ahead of the central bank’s December meeting, and any repercussions of Sunday’s referendum in Italy on changes to the government there will be watched for broader effects through Europe.

David Sacks Stepping Down as Zenefits CEO

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He confirmed he is stepping down as chief executive of Zenefits, less than a year after taking over the troubled health-benefits broker.

Trump Targets Second Indiana Plant Over Plans to Shift to Mexico

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Donald Trump took aim Friday at a second U.S. manufacturer that plans to move jobs from Indiana to Mexico, a day after he threatened consequences for business that shifted American jobs abroad.

Don't Hold Your Breath on Fannie Mae and Freddie Mac

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Comments by Steven Mnuchin have excited holders of Fannie Mae and Freddie Mac shares, but the two companies’ fates are far from decided.

Pratt & Whitney Union Members Approve Five-Year Contract

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Workers at jet-engine maker Pratt & Whitney ratified a five-year contract Sunday, avoiding a potential labor dispute when the company is trying to increase production of new engines for commercial airliners.

AI Makes Strides, but Has a Long Way to Go

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Keywords: Creating artificial intelligence systems that can be used for a variety of problems, and not just the narrow applications to which the technology has been put so far, could take decades, writes Christopher Mims.

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