Falling Oil Prices Don't Give Clean-Energy Stocks the All-Clear

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These are dark days for investors in Big Oil. That doesn’t mean clear skies for investors in clean energy.

When Investors Behave Badly

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People often fall prey to cognitive biases that harm their returns, such as fixating on what they paid for a stock. Here’s how to recognize the pitfalls.

Falling Oil Prices Could Affect Supply, Pemex CEO Says

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Mexico’s Pemex, buffeted by the recent drop in oil prices, plans to offer international oil companies a greater share of projects than initially envisioned and speed up joint ventures with private firms, CEO Emilio Lozoya said.

FDA Approves AstraZeneca Ovarian Cancer Drug

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The U.S. Food and Drug Administration approved the first drug to treat cases of ovarian cancer linked to specific genetic mutations.

Thomas Kwok Found Guilty of Corruption

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A jury in Hong Kong found Thomas Kwok, the co-chairman of one of Hong Kong’s biggest property developers, guilty in a corruption trial involving the city’s former No. 2 official, but found his brother, Raymond, not guilty.

FDA Approves Cubist's Experimental Antibiotic Zerbaxa

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Cubist Pharmaceuticals’ experimental antibiotic Zerbaxa has been approved by the U.S. Food and Drug Administration for treatment of certain urinary tract infections and intra-abdominal infections.

Google Sues Mississippi Over Campaign to Restrict Searches

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Google Inc. sued Mississippi Attorney General Jim Hood on Friday, seeking to prevent him from enforcing a wide-ranging subpoena that has become entangled in a dispute between Google and Hollywood.

NLRB Names McDonald's as 'Joint-Employer' of Franchise Workers

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The National Labor Relations Board issued labor complaints that name McDonald’s Corp. as a “joint-employer” of workers at its franchisees, a win for unions.

Chrysler to Replace Air Bag Inflaters in 3.3 Million Vehicles

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Chrysler plans to replace driver-side air bag inflaters in 3.3 million vehicles, a move that significantly expands its response to Takata’s air bag problems.

Safeway, Albertsons Agree to Sell Stores

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Safeway and the owner of rival supermarket operator Albertons have agreed to sell 168 stores in a bid to gain merger approval from antitrust regulators.

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