KaloBios Emerges from Bankruptcy, Buys Tropical Disease Drug

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KaloBios Pharmaceuticals said that it had emerged from chapter 11 bankruptcy and had acquired the rights to buy a tropical disease drug.

Jury: Oracle Should Pay $3 Billion to HP Enterprise

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A jury in Silicon Valley on Thursday delivered a resounding victory to Hewlett Packard Enterprise Co., finding that Oracle Corp. should pay the computer maker $3 billion in damages—the full amount it sought—for actions that contributed to the decline of a once-lucrative line of high-end computers.

Chipotle Executive Involved in New York Cocaine Bust

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Efforts to regain customer trust at Chipotle Mexican Grill Inc. could suffer a setback as the restaurant chain has put its top marketing executive on administrative leave after Manhattan prosecutors unveiled an indictment involving the executive and a cocaine drug ring.

Google Makes Slow Progress in Diversifying Its Workforce

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Google made slow progress last year in its mission to diversify its workforce, which is largely made up of white and Asian men.

Nearly Half of Williams Directors Resign

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Nearly half of the directors of Williams Cos. resigned Thursday after they failed to oust the company’s chief executive following its collapsed merger with Energy Transfer Equity LP, according to people familiar with the matter.

Apple in Talks to Acquire Jay Z's Tidal Music Service

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Apple Inc. is in talks to acquire Tidal, a streaming-music service run by rap mogul Jay Z, according to people familiar with the matter.

Mondelez Makes Takeover Bid for Hershey

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Mondelez made a roughly $23 billion bid for chocolate giant Hershey and was promptly rebuffed in what would be a blockbuster deal uniting two of the world’s best-known candy makers.

Boeing Advancing Toward Developing New Midsize Jetliner

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After a year of meetings with potential customers, Boeing is advancing toward developing an all-new jetliner with up to 270 seats that would target mid-range flights of up to 10 hours.

Brexit Is No Bust for U.S. Manufacturing

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An improving U.S. manufacturing sector is expected to stay on track regardless of Brexit.

The Brexit Bounce That Won't Carry Investment Banks Far

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Currency trading has rebounded since the U.K. referendum, but other areas are still weak.

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