Where's the Payoff? Not in Lending, Says Lending Startup

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Wall Street’s infatuation with online lending is heating up, with startup Payoff raising up to $250 million in debt financing. But Payoff sees consumer loans as simply a starting point; its goal is wealth management.

Technip's Overhaul Bodes Ill for Oil-Field Services

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French oil-field services company Technip is aiming to cut its costs by 20%. That only adds to the uncertainty surrounding the sector.

Oil Prices Extend Selloff

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Oil prices extended their selloff Tuesday on concerns about a growing glut of crude oil and a potential nuclear deal with Iran.

Greeks Aren't the Only Ones Who Need Cash

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Cash may offer zero returns. But its place in investors’ portfolios is becoming more valuable as uncertainty mounts over Greece, China and U.S. interest rates.

Germany's Power Polarizes Europe

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The Continent’s most powerful country is grappling with its leadership role—and other nations are, too.

Pace of Dividend Increases Slows

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U.S. companies slowed their pace of dividend increases in the second quarter, as firms in the battered energy sector accounted for a disproportionate share of the payout reductions, according to S&P Dow Jones Indices.

Director at Drug Giant Mylan Had Ties to Land Deal

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Rodney Piatt, Mylan’s vice chairman, lead independent director and compensation-committee chief, was the main developer at the Pittsburgh office park where the generic-drug giant built its new headquarters.

China Shares Fall Amid Doubts Over Beijing's Rescue

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Chinese stocks fell Tuesday, casting doubt on the government’s ability to stem the slide.

Carnival Gets U.S. Approval to Start Cruises to Cuba

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Carnival said U.S. Treasury Department granted the cruise-ship company approval to begin cruises to Cuba starting next May.

U.S. Trade Gap Increases Modestly in May

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The U.S. trade gap expanded modestly in May, perhaps finding its level after a port disruption on the West Coast caused a turbulent spring.

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