Philip Morris Challenges U.K. Cigarette-Packaging Order

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Philip Morris International has filed a suit in the U.K. challenging a new U.K. regulation that bans branding on cigarette packs.

Foot Locker's Profit Tops Expectations on Sales Growth

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Foot Locker posted a better-than-expected 14% increase in profit as the sportswear retailer continues to benefit from sales growth.

Etsy's Unique IPO Crafts a Stock Swoon

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The company’s results on Wednesday missed some growth forecasts, but observers said the stock-price decline may have been exacerbated by the unusual ways Etsy structured its April IPO.

Draghi Urges Economic Overhaul in Europe

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European governments must step up efforts to overhaul their economies, European Central Bank President Mario Draghi said.

Deutsche Bank's Jain Must Now Deliver

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The co-chief executive has been given more power to lead the German bank’s strategy. His chairman should only give him a year to show real results.

CVS Ages Gracefully With Omnicare Deal

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CVS’s $10.4 billion deal for Omnicare allows the pharmacy to expand into the growing senior market

CVS to Buy Omnicare for $10.4 Billion

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CVS Health agreed to buy pharmacy-services provider Omnicare for $10.4 billion, strengthening its role as a dispenser of expensive prescription drugs.

Rise in Inequality Hurts Economic Growth

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Two-fifths of the population of developed countries have gained little over recent decades, driving a rise in income inequality that is damaging economic growth, the OECD said.

Hyatt Invests in Home Rentals Firm

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Hotel operator Hyatt takes a stake in a company that books short-term stays at high-end homes in London, New York, Paris and Los Angeles, a business that challenges traditional lodging companies.

Selling the Dream at Salesforce

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Rapid, if expensive, growth keeps cloud pioneer Salesforce on top. That actually makes a deal look less likely.

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