Oil Prices Poised to Hit Sweet Spot

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On Thursday oil prices rose above $50 a barrel, putting crude back within a range between $50 and $60 in which almost everybody benefits, economists and investors say.

Four Studios Won't Honor Movie-Booking Practice

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Four major Hollywood studios are telling theater owners they will no longer participate in a movie-booking practice that has attracted lawsuits and attention from the Justice Department.

Thiel's Funding of Lawsuit vs. Gawker Divides Silicon Valley

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Billionaire investor Peter Thiel’s newly disclosed funding of a secret legal campaign against Gawker takes the entrepreneur’s zeal for shaking things up in a new and controversial direction.

Why Samsung Suddenly Finds Parts Fitting Together

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After a spell during which several of Samsung Electronics’ big businesses struggled at once, a turnaround may be at hand.

FDA Approves New Arm Implant to Treat Opioid Dependence

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The U.S. Food and Drug Administration approved a drug-emitting arm implant to treat addiction to heroin and other opioids, providing a new tool against an illness that has proved extraordinarily difficult to manage.

Facebook and Microsoft to Build Fiber Optic Cable Across Atlantic

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Facebook Inc. and Microsoft Corp. have teamed up to build a new fiber optic cable under the Atlantic Ocean, the latest evidence that the biggest U.S. tech companies are seeking more control over the Internet’s plumbing.

G-7 Leaders Differ on Risks to Global Growth

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Leaders of the Group of Seven leading industrialized nations talked Thursday about ways to stoke the global economy but appeared to disagree on the risks to growth and exactly how to respond.

Viacom Director Presses for Access to Sumner Redstone

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Viacom’s lead independent director wants a face-to-face meeting with Sumner Redstone, but the ailing mogul’s attorney so far hasn’t granted him access.

Companies Get Smaller Slice of Economic Pie

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With U.S. companies grabbing a smaller share of a slow-growing economy, profits look likely to remain under pressure.

U.S. Companies Dial Back Their Investment

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Slower spending on capital goods comes despite a solid labor market, a strengthening housing sector and continuing low interest rates.

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