Merck Revenue Falls on Generic Competition

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Merck posted a revenue decline as generic competition and currency fluctuations hurt its results.

Biotech Drug Knockoffs Bring Paltry Savings

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Price increases of brand-name biotech drugs are diminishing expected savings from rival versions, called biosimilars, adding to pressure on overall health costs.

Oil-Price Drop Vanquishes Cutting-Edge Projects

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The world’s largest energy companies are sidelining big ideas, like ultra-deep water development, floating LNG factories and carbon-capture projects, that they touted just a couple of years ago as the industry’s future.

Alibaba Earnings: Strong at the Core, But Side Bets Hurt

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Alibaba’s main e-commerce businesses continued to excel last quarter. But myriad investments in new areas dragged down results.

Tesla Earnings: It's All About the Dream

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Enthusiasm for the Model 3 mass-market car has powered Tesla Motors to lofty heights. But first-quarter results should remind investors that the future isn’t too far away.

New U.S. Rules Make Foreign Goods Better Deal for E-Shoppers

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A change in trade rules is making it cheaper and easier for American consumers to buy overseas goods online, heartening merchants abroad but threatening stiffer competition for U.S. retailers.

Fitbit: The Cost of Competing With Apple

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Fitness band maker expects earnings to recover by year’s end, but the heavily shorted stock is unforgiving.

U.S. Jobless Claims Rose to 274,000 Last Week

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The number of Americans filing for new unemployment benefits jumped for the second week running but remained at a low level consistent with a strengthening job market.

Alibaba Profit and Revenue Increase

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Chinese e-commerce giant Alibaba Group said Thursday its fiscal fourth quarter net profit surged 86% from a year earlier, boosted by disposal gains on investments and businesses.

For 'Brexit,' Like 'Grexit,' It's Not About Economics

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Britain’s flirtation with leaving the European Union is as puzzling as Greece’s desire to stay. After all, Britain’s economy has done quite well inside the bloc while Greece’s has been decimated. What explains both sentiments, WSJ chief economics commentator Greg Ip writes, is that the European project has always been about more than economics.

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