Cancer Drugs: A Long Road to Blockbuster Sales

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Amid high hopes, investors shouldn’t forget how tricky cancer-drug development is.

Wells Fargo Curbs Bank-Stock Enthusiasm

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By lowering its return targets, Wells Fargo has signaled a continued soft environment for banks.

DP World Agrees to Manage Somaliland Port for 30 Years

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Dubai’s DP World has agreed to manage the Somaliland Port of Berbera for 30 years, according to a person who has seen the concession agreement. The global ports operator gains an alternative hub to Djibouti in the Horn of Africa.

Samsung Adds More Ads to Its TVs

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Samsung Electronics is quietly putting more advertisements on its Internet-connected televisions as it seeks new revenue sources for its struggling TV business.

Dalian Wanda: An Offer That Makes Shareholders Want to Move On

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Dalian Wanda Commercial’s plan to delist so soon after its IPO reeks of expedience, rather than long-term value creation. Investors may have little choice but to move on.

Noble Group: Why Big Moves Don't Signal New Chapter

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Noble Group bids farewell to its CEO and one of its best-performing businesses, hardly signs things are getting back to normal.

Airlines to Gather at IATA Event

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The airline industry has finally shaken off its boom-and-bust past, says the head of the world’s largest carrier, but investors aren’t buying it. It’s a challenging mix for executives gathering in Dublin for the annual jamboree hosted by the International Air Transport Association.

Global Economy Week Ahead: Chinese Manufacturing, ECB Meeting, U.S. Jobs

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Though shortened by holidays in the U.S. and U.K., this week will help set the stage for whether the global economy is heading into a summer of strength or doldrums, with Chinese manufacturing data, a European Central Bank meeting and the U.S. jobs report on the schedule.

Viacom CEO Gets June Hearing in Lawsuit Over Redstone Trust

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A judge granted Viacom Chairman Philippe Dauman and board member George Abrams’ request for a speedy hearing after the two sued to invalidate their removal from a trust to oversee media mogul Sumner Redstone’s holdings.

Janet Yellen Sees Rate Hike Coming Soon

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Federal Reserve Chairwoman Janet Yellen on Friday signaled the central bank will likely raise interest rates within months if the U.S. economy keeps gaining strength.

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