IHeartMedia to Launch On-Demand Music Service

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IHeartMedia, the nation’s biggest radio broadcaster, is starting its own on-demand subscription music services, upping the competition in an already jam-packed market.

GM Offers Buyouts to 400 Cadillac Dealers

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General Motors is offering 400 of its smallest Cadillac dealers a modest buyout as the luxury brand’s management team looks to reshape the image of its sales outlets to better compete with rivals.

UPS Uses Drone to Deliver Package to Boston-Area Island

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United Parcel Service said it used a drone to deliver medicine to an island near Boston, jumping into a race with competitors such as Amazon.com to test drone delivery inside the U.S.

Twitter Deal Would Be One Too Many for Salesforce

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The cloud software company’s expansion appetite is giving Salesforce’s investors indigestion.

Hillary Clinton Proposes 65% Top Rate for Estate Tax

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Democratic presidential candidate Hillary Clinton would impose a 65% tax on the largest estates and make it harder for wealthy households to pass appreciated assets to their heirs without paying taxes, according to an updated version of her tax plan released Thursday.

Seconds Matter a Lot for Facebook Valuation

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Facebook’s overstatement of one video viewing metric could undermine the highly optimistic assumptions underlying its valuation.

Wanda-Sony Pictures: China Is Coming to Theater Near You

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Dalian Wanda’s tie-up with Sony Pictures is about something bigger than bringing Hollywood to China.

Don't Fade the Fed

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Investors are skeptical about whether the Federal Reserve will raise rates at all this year. There is reason enough for that, but it is also dangerous.

A Market-Timing Strategy That Just Might Work

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Two professors developed a hypothetical trading strategy around earnings announcements that, with hindsight, has a formidable track record.

Why Sheds Are the New Shops---For Now

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E-commerce has made distribution warehouses hot property, but investors shouldn’t forget the usual real-estate risks.

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