The Truth About Fannie Mae's Dividend

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Recent quarterly results show that the original 10% dividend really was unsustainable.

Energy Transfer Could Soar If It Plays Nice With Williams

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Energy Transfer would love to get out of its merger with Williams. If it takes a gentler approach, its shares could gain.

GoPro Swings to Deep Loss

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GoPro said it swung to a deep loss in the first quarter, spotlighting the uphill battle the action-camera maker faces in broadening its customer base, though sales beat market expectations.

Valeant Forms Committee to Determine Drug Prices

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Valeant Pharmaceuticals International Inc., which has come under heavy fire from politicians because of dramatic price increases for its drugs, said it had formed a committee that will be responsible for those prices going forward.

Apple, SAP to Cooperate on Workplace Apps

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Apple Inc. and SAP SE said they would cooperate to help developers create iPad and iPhone apps tapping the German software giant’s database services and analytics.

GM, Lyft to Test Self-Driving Electric Taxis

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GM and Lyft will begin testing self-driving Chevrolet Bolt electric taxis on public roads within a year, as the companies seek to fight off Silicon Valley giants amid a reshaping auto industry.

Biotech Drug Knockoffs Bring Paltry Savings

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Price increases of brand-name biotech drugs are diminishing expected savings from rival versions, called biosimilars, adding to pressure on overall health costs.

Why Investment May Have Further to Rise at BT

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For all of BT’s eye-catching pledges, investment looks low by European standards.

U.S. Jobless Claims Rose, but Still at Historically Low Levels

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The number of Americans filing for new unemployment benefits jumped for the second week running but remained at a low level consistent with a strengthening job market.

Alibaba Earnings: Strong at the Core, But Side Bets Hurt

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Alibaba’s main e-commerce businesses continued to excel last quarter. But myriad investments in new areas dragged down results.

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