Big Oil, Big Mistake: Investors Overpay for Income at Exxon

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Both Exxon Mobil and Chevron had their worst results in well over a decade. But their share prices are defying gravity in part because of big oil’s perceived stability.

China's Banks Face Bad-Loan Pinch

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Chinese banks’ precarious balance of provisioning just enough for bad loans while keeping profits flat won’t last much longer.

U.S. Growth Starts Year in Familiar Rut

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The U.S. economy stumbled out of the gate in 2016 as consumers and businesses showed renewed signs of caution, underscoring the uneven growth that has been a hallmark of the nearly seven-year expansion, the worst performance in two years.

Valeant: Swapping Scandal for Growing Pains

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Investors will need patience as Valeant cleans house.

Amazon's Cloud Keeps Making It Rain

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A strong performance by Amazon Web Services swelled Amazon.com’s bottom line and helped maintain its pricey valuation.

BP: Are Investors Already Banking on a Cash Flow Recovery?

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BP’s cash flows showed some signs of improvement in the first quarter. But that isn’t enough to get excited about just yet.

Volkswagen Reaches Deal With U.S. Over Diesel-Emissions Scandal

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Volkswagen has reached the broad outlines of a deal with U.S. authorities over its diesel-emissions scandal. U.S. owners of nearly 500,000 2-liter diesel vehicles could see payments and a buyback under a coming court settlement.

CFPB Sheds Light on Coming Payday-Loans Rule

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A report by the Consumer Financial Protection Bureau offers clues to details of sweeping payday-loan regulations the agency plans to propose this spring. Officials indicated the rule would place limits on when and how lenders can gain access to the money in consumers’ bank accounts.

5 Reasons Bond Funds Beat Individual Bonds

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Less interest-rate risk in individual securities? No way, says columnist Allan S. Roth.

IRS Warns of New Scam to Hijack Tax Preparers' Computers

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The IRS on Friday warned tax preparers of a new scam in which cyberthieves hijack a preparer’s computer system, file client tax returns, and redirect refunds to thieves’ accounts.

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