Netflix Loses Bid to Release Relativity Films Ahead of Theaters

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A bankruptcy judge on Friday delivered a defeat to Netflix Inc., which has fought for the right to release two films produced by Relativity Media LLC on its streaming platform ahead of their expected theatrical release.

U.S. First-Quarter GDP Growth Revised Higher to 0.8%

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The U.S. economy’s first-quarter slowdown was less pronounced than initially thought, and recent data have pointed to a pickup for growth this spring.

Activist Ackman Tries Life as an Inside Man

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After firing Valeant’s CEO, investor William Ackman has been defending the embattled drug company from outside critics.

Delay for Boeing's New Aerial Tanker

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Boeing Co. said that first deliveries of its KC-46 tankers to the U.S. Air Force will be delayed by five months.

Hulk Hogan Case Stirs Funding-Disclosure Debate

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Tech entrepreneur Peter Thiel’s financial backing of Hulk Hogan’s suit against Gawker is rekindling a debate about disclosing such arrangements.

Williams and Energy Transfer: No Rhyme or Reason

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Energy Transfer Equity’s counterclaims in a suit against Williams Cos are hard to swallow.

Silicon Valley Driverless-Car Startup Raises Fresh Capital

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The backer of a Silicon Valley autonomous car developer called Zoox said the secretive startup raised a fresh round of capital valuing it at more than $1 billion, roughly equal to a similar company General Motors Co. acquired earlier this month.

Terex-Zoomlion: Another Chinese Deal Bites the Dust

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After Zoomlion abruptly pulled the plug on buying U.S. equipment maker Terex, other potential takeover targets might want to grill their Chinese suitors on whether they have the cash, or are truly willing to pay the price.

Oil Prices Poised to Hit Sweet Spot

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On Thursday oil prices rose above $50 a barrel, putting crude back within a range between $50 and $60 in which almost everybody benefits, economists and investors say.

U.S. Consumer Sentiment at Highest Level in 11 Months

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Americans are more confident than at any time in almost a year—with the consumer sentiment index rising to 94.7 this month from April’s 89.0—as cheap gasoline, low interest rates, and a rebound in stocks boost the economy’s prospects.

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