Computer Woes Continue to Hamper Funds Management

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Computer problems plagued the U.S. asset-management industry for a fourth day, causing hundreds of mutual and ETFs to miscalculate the value of fund assets.

Tiffany Reports Profit Decline

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Tiffany reported a 15% drop in profits for its latest quarter and slashed its earnings outlook for the year, as a strong dollar and weak tourism continued to dent sales.

Sanctions Bite Massive Gas Project in Russian Arctic

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A race to shore up funding for the $27 billion Yamal LNG energy project in the Russian Arctic has emerged as a test of Moscow’s ability to weather Western sanctions.

Amazon Curtails Development of Consumer Devices

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Amazon is scaling back its efforts to develop consumer devices, laying off dozens of engineers at its secretive Lab126 hardware-development center and trimming or halting other projects.

Bouygues Gains Don't Equal French Telecoms Revival

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Bouygues is expanding its customer base, but top-line growth still proves elusive.

Let the Bad Times Roll for Dollar General

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Dollar General shares are on sale after the stock-market rout, despite being a relative beneficiary of a possible economic slowdown.

Oil Surges With Stocks

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Oil prices surged to their biggest one-day rally since January on Thursday as gains in global stock and commodity markets and positive U.S. economic data spurred a rebound for a market that has been trading at six-year lows.

Lilly Lung-Cancer Drug Stirs Price Debate

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An experimental Eli Lilly & Co. lung-cancer drug hasn’t reached the market, but some doctors are already weighing in on how much it should cost—arguing the price should be below average because the drug extended patient lives by only six to seven weeks in a clinical trial.

Dole Executives Ordered to Pay $148 Million in Buyout Suit

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A Delaware judge ordered Dole Food’s chief executive and a former official to pay shareholders $148 million, ruling that CEO David Murdock’s 2013 buyout undervalued the fruit grower.

Ukraine Secures Debt-Relief Deal

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Ukraine’s government secured a vital debt-relief deal, the country’s finance ministry said, a key step toward unlocking billions of dollars in emergency financing.

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