Supreme Court: Medicaid Providers Can't Sue States for Higher Pay

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The Supreme Court said Tuesday that Medicaid providers can’t sue states claiming they were underpaid for medical services to the poor, ruling such disputes should be resolved instead by the U.S. Department of Health and Human Services.

Wal-Mart Presses Suppliers to Cut Prices

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Wal-Mart is telling suppliers to forgo investments in joint marketing with the retailer and plow the savings into lower prices instead.

Charter to Buy Bright House Networks

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Charter Communications agreed to buy Bright House Networks for $10.4 billion in cash and stock, the latest deal in a rapidly consolidating pay-television industry.

Privacy Group Sues FAA Over Drone Rules

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Privacy advocates sued the Federal Aviation Administration for not addressing privacy issues in recent proposed rules for commercial drones.

Kraft, Dietitian Group to End Program

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A program to put a dietitian group’s “Kids Eat Right” logo on Kraft Singles has reached an early expiration date after a petition by dietitians called for an end to the partnership.

GoDaddy Raises $460 Million in IPO

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GoDaddy Inc., a technology provider to small businesses, priced its initial public offering at $20 a share Tuesday.

RadioShack Rescue Deal Clears Bankruptcy Court

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RadioShack won court approval of a lender takeover that will send the retailing operation out of bankruptcy trimmed-down but still selling electronics.

P&G Sells Vicks VapoStream to Helen of Troy

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Procter & Gamble Co., which has been selling brands to focus on its largest, most profitable operations, has sold its Vicks VapoSteam U.S. liquid inhalant business to Helen of Troy Ltd.

Businesses Seek Out New African Frontiers

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Economic issues in South Africa and Nigeria have prompted companies to look for growth in smaller but promising African countries like Angola and Kenya.

Subscription Service Accused of Fraud

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Authorities in five states filed a lawsuit Tuesday against a magazine and newspaper subscription service they accuse of charging highly inflated prices for publications they weren’t authorized to sell.

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