Amazon's Cloud Keeps Making It Rain

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A strong performance by Amazon Web Services swelled Amazon.com’s bottom line and helped maintain its pricey valuation.

Volkswagen: Why Digital Could Be Harder than Diesel

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The emissions scandal continues to distract Volkswagen’s management from its real problem: technological disruption.

Drugmakers Place Big Bets on Cancer Medicines

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Drugmakers are placing big bets on medicines they expect will command premium prices. Sanofi made an unsolicited, $9.3 billion offer to purchase Medivation. Separately, AbbVie agreed to pay $5.8 billion for Stemcentrx.

Comcast's DreamWorks Deal Reflects Shifting Bets on Media

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Comcast’s intense pursuit of DreamWorks Animation highlights just how much has changed across the media landscape in the five years since it bought NBCUniversal, including a dimmer outlook for pay TV.

Sanofi Makes $9.3 Billion Bid for U.S. Cancer-Drug Maker

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Sanofi said it has made an all-cash offer to acquire Medivation in a deal valued at $9.3 billion, the French drugmaker’s latest effort to expand its cancer-treatment business.

SpaceX Wins U.S. Military Contract to Send Satellite Into Orbit

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Billionaire entrepreneur Elon Musk’s rocket-making company has won its most significant U.S. military contract, bidding 40% less than the Pentagon estimated it would spend sending a satellite into orbit, a senior Air Force official said Thursday.

Amazon Delivers 4th Straight Profit

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Amazon swung to a better-than-expected first-quarter profit—its largest ever for a quarter—as the company benefited from surging growth in its Web services division.

Google Hires Former Motorola President

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Google parent Alphabet Inc. is unifying its disparate hardware projects into a new division and hiring former Motorola President Rick Osterloh to run it.

Senator's Objections Block Big Deals at U.S. Trade Bank

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A new congressional standoff is preventing the U.S. Export-Import Bank, which survived a five-month shutdown last year, from arranging financing for deals of more than $10 million.

Why the Bank of Japan Held Fire for Another Day

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The Bank of Japan’s lack of action caught markets by surprise. But that doesn’t mean it is done easing.

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