Tenet Healthcare Hurt by Lawsuit Costs, Helped by Decline in Uninsured

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Tenet Healthcare Corp. swung to an unexpected first-quarter loss as the hospital operator increased a reserve for a potential resolution of a whistleblower lawsuit that alleges the company’s Georgia hospitals took part in a kickback scheme.

Aeropostale Preparing to File for Bankruptcy

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Aeropostale is preparing to file for bankruptcy protection this week and close more than 100 stores, according to people familiar with the matter, as the teen-apparel retailer contends with mounting losses and falling sales.

Statoil Sells Marcellus Assets to EQT for $407 Million

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Statoil ASA has agreed to sell some of its assets in the Marcellus Shale formation in West Virginia to EQT Corp. for $407 million in cash.

Salesforce's Marc Benioff Has Kicked Off New Era of Corporate Social Activism

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On social issues such as gay rights, Salesforce.com CEO Marc Benioff is successfully pushing companies to speak out, drawing brickbats from local lawmakers and even his own board.

Halliburton-Baker Hughes Deal: What Has Been Gained and Lost

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The failure of a merger between oil-field-service rivals Halliburton and Baker Hughes is less disastrous for both companies than it seems.

Banks Dodge One Oil-Patch Risk

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In an encouraging sign for banks, oil companies took limited drawdowns of open lines of credit in the first quarter.

GNC Considers Sale of Company

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GNC Holdings said it had started a review that could result in the sale of the company, days after it said its turnaround plan was facing setbacks

Valeant and Buffett: Looking Past the War of Words

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Harsh words won’t further damage Valeant shareholders. Changes to earnings expectations might be a different story.

For Filipinos Abroad, Home Is Calling

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For decades Filipinos with professional ambitions knew the surest way to realize them: leave the Philippines. But the trend is finally turning, as political stability and economic growth draw them back.

Ferrari Names Sergio Marchionne CEO

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Fiat Chrysler Automobiles chief Sergio Marchionne is also taking the wheel at Ferrari, a move that puts him in charge of the luxury sports car maker his company spun off to investors less than a year ago.

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