Earnings on Pace for Third Straight Decline

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U.S. corporate profits are set to decline for the third straight quarter, the longest and broadest slide in earnings since the financial crisis, weighed down by the energy slump and slowing growth around the world.

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.

UPS Earnings Rise as Deliveries Increase

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United Parcel Service reported 10% growth in quarterly income, helped by efforts to increase profitability of packages delivered to U.S. online shoppers.

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.

Priceline CEO Resigns After Relationship With Employee

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Priceline Group CEO Darren Huston resigned after an internal investigation found that his relationship with an employee violated the company’s code of conduct.

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.

Valeant: Swapping Scandal for Growing Pains

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Investors will need patience as Valeant cleans house.

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.

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.

U.S. Steel Accuses China of Hacking

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U.S. Steel is alleging that Chinese government hackers stole proprietary methods for making lightweight steel on behalf of Chinese steel producers seeking to supply a bigger share of the U.S. auto-making market.

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