Hedge Funds Hawk Single-Bet Deals

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Hedge-fund managers are slashing their stiff fees for those willing to take a leap of faith on a single, concentrated investment idea. Nelson Peltz’s Trian Fund Management used the approach recently to build its stake in DuPont.

Bristol-Myers Drug Combination Shows Promise

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A combination of Bristol-Myers’s Opdivo and Yervoy was significantly more effective in stifling tumors in melanoma patients in a study than using just one of the treatments alone.

Alternate Routes in China

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Some companies are cutting prices and ramping up incentives in China as intense competition takes some shine off the world’s largest car market.

KPN Sells Belgian Unit

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KPN is selling BASE to Telenet for $1.42 billion, allowing the Dutch telecom firm to focus on its integrated access strategy in the Netherlands.

Foreign Companies at Risk From Proposed China Law

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Major foreign firms and several Chinese companies are using a corporate structure in China in a way that may be rendered illegal under a proposed law.

EU Targets Russian Gas Giant

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The European Union plans to file formal antitrust charges against the bloc’s largest gas supplier, Russia’s Gazprom, a move set to escalate the standoff between Europe and Moscow.

Wells Fargo Eyes GE Commercial Lender

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Wells Fargo & Co. is in talks to buy all or part of General Electric Co.’s biggest lending operation, a move that could help the San Francisco bank extend its lead in helping to finance midsize businesses.

Opportunities in Commodities Open Up

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Investors are tiptoeing back into commodities ranging from crude oil to copper to sugar, fueled by signs the global economy is healing and a pause in the U.S. dollar’s rally.

Twitter's Noto Paid $73 Million in 2014

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Anthony Noto, the former banker who left his lucrative career at Goldman Sachs to become financial chief at Twitter Inc., was the top earner at the social media company last year.

Utilities' Profit Recipe: Spend More

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U.S. power companies poured billions into new equipment in the past decade, a spending surge that customers have paid for. One reason behind the heavy spending: It actually boosts utilities’ bottom lines.

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