U.S. Consumer Prices Up 2.1% in December from Year Earlier

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Americans experienced annual inflation above 2% in December for the first time since mid-2014, a trend that reflects rising gasoline prices and steady consumer demand.

Federal Trade Commission Files Antitrust Lawsuit Against Qualcomm

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The Federal Trade Commission sued Qualcomm Inc., alleging the semiconductor company engaged in unlawful tactics to maintain a monopoly on a type of chip used in cellphones.

Second Theranos Lab Failed U.S. Inspection

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Theranos failed a second major U.S. regulatory inspection of its laboratory facilities, people familiar with the situation said, a setback the Silicon Valley blood-testing firm hasn’t disclosed to investors or patients.

Translating Trump to the Global Elite

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Anthony Scaramucci—hedge-fund showman, conference organizer, Trump confidant—is a Davos habitué. This year, he is also the new administration’s ambassador to the global elite.

Bond Trading Wave Gets Harder for European Banks to Catch

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The capital markets business is back. While U.S. investment banks are taking advantage, it is less certain that Europeans can.

Small Businesses Struggle to Add Jobs, Study Finds

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Employment growth is slow and unsteady at most small firms, with the median small business adding fewer than one full-time position a year, despite the sector’s reputation as the engine of U.S. job growth.

Trump Victory Slows Business Investment in Iran

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Small and midsize companies are rethinking or delaying entry to Iran following the election of Donald Trump, a break from their bigger counterparts which have struck recent deals despite concerns of fresh sanctions.

Pearson Shares Dive on Profit Warning

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Shares in Pearson plunged more than 20% after the world’s largest education company issued a profit warning for 2018 and said it plans to sell its stake in its Penguin Random House publishing joint venture.

Bayer Joins Jobs Parade

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Bayer has pledged to add U.S. jobs and investment after meeting with President-elect Donald Trump, the latest in a string of public displays from companies looking to head off criticism from the incoming administration about job losses.

Businesses Push Trump to Salvage Pacific Trade Pact

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Business and agricultural groups are lobbying Trump transition officials to rework and even rename a Pacific trade deal that would knit together the U.S. and Asian countries, despite Mr. Trump’s plan to scrap the agreement.

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