Air France-KLM Discusses Selling Stake in Catering Unit to China's HNA

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Air France-KLM said it is in exclusive talks to sell a 49.99% stake in its airline catering unit, Servair, to China’s HNA Group.

Verizon Workers Win Concessions in Deal to End Strike

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Two unions representing more than 36,000 Verizon workers were able to win concessions from the carrier in a new four-year contract, helping to end a nearly seven-week labor strike.

Forecast for Workday's Stock: Cloudy

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Workday has a track record of beating analyst estimates, but that doesn’t mean its shares will respond accordingly.

Rum Makers in Spirited Battle

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The prospect of a U.S. market return for a Cuban spirit is inflaming a decades-old battle pitting Pernod Ricard, the world’s second-largest spirits producer, against Bacardi, the dominant U.S. seller of rum.

Trial Set to Open in Legal Battle Pitting H-P, Oracle

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Jurors are set to convene Tuesday to consider a lengthy legal dispute centered on Oracle’s alleged role in the decline of one of the former Hewlett-Packard’s most lucrative products. The lawsuit seeks $3 billion in damages.

Noble Group: Why Big Moves Don't Signal New Chapter

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Noble Group bids farewell to its CEO and one of its best-performing businesses, hardly signs things are getting back to normal.

Cancer Drugs: A Long Road to Blockbuster Sales

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Amid high hopes, investors shouldn’t forget how tricky cancer-drug development is.

Wells Fargo Curbs Bank-Stock Enthusiasm

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By lowering its return targets, Wells Fargo has signaled a continued soft environment for banks.

Dalian Wanda: An Offer That Makes Shareholders Want to Move On

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Dalian Wanda Commercial’s plan to delist so soon after its IPO reeks of expedience, rather than long-term value creation. Investors may have little choice but to move on.

Global Economy Week Ahead: Chinese Manufacturing, ECB Meeting, U.S. Jobs

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Though shortened by holidays in the U.S. and U.K., this week will help set the stage for whether the global economy is heading into a summer of strength or doldrums, with Chinese manufacturing data, a European Central Bank meeting and the U.S. jobs report on the schedule.

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