Halliburton Hurt by Lower Oil Prices

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Halliburton, planning more layoffs, reported a loss for the first quarter as the oil-field service provider continues to feel the impact from lower oil prices.

Hedge Funds Hawk Single-Bet Deals

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Hedge-fund managers are slashing their stiff fees for those willing to take a leap of faith on a single, concentrated investment idea. Nelson Peltz’s Trian Fund Management used the approach recently to build its stake in DuPont.

Bristol-Myers Drug Combination Shows Promise

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A combination of Bristol-Myers’s Opdivo and Yervoy was significantly more effective in stifling tumors in melanoma patients in a study than using just one of the treatments alone.

Alternate Routes in China

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Some companies are cutting prices and ramping up incentives in China as intense competition takes some shine off the world’s largest car market.

KPN Sells Belgian Unit

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KPN is selling BASE to Telenet for $1.42 billion, allowing the Dutch telecom firm to focus on its integrated access strategy in the Netherlands.

Opportunities in Commodities Open Up

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Investors are tiptoeing back into commodities ranging from crude oil to copper to sugar, fueled by signs the global economy is healing and a pause in the U.S. dollar’s rally.

Target Site, Apps Overwhelmed by Demand for Lilly Pulitzer

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Target’s website went down Sunday morning, overwhelmed by shoppers clamoring for the retailer’s latest design partnership with Lilly Pulitzer.

The Man Who Hacks Your Employees

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Chris Hadnagy’s job is to make sure employees don’t fall prey to a hacker’s tricks. We asked him how he does that.

Teva Settles Suit Over Cephalon's Provigil

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Teva Pharmaceuticals said Monday it agreed to pay $512 million to settle a class-action lawsuit alleging that Cephalon, which was later bought by Teva, delayed the availability of the generic version of the sleep-disorder drug Provigil.

Ecuadoreans' Suit Against Chevron Might Need a U.S. Retrial, Judge Suggests

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A long-running legal fight between Chevron Corp. and residents in Ecuador over Texaco’s alleged pollution may need yet another round in court, a U.S. appeals judge suggested on Monday.

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