Judges Consider What Defines Insider Trading

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A panel of federal appeals-court judges signaled that prosecutors may have taken too broad a view of insider trading, saying there needs to be more a "bright line" about what constitutes a crime.

France's Treasury Chief in Line to Become Orange CFO

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France's Treasury chief, Ramon Fernandez, is in line to become Telecom Orange's new chief financial officer, as Chief Executive Stéphane Richard moves to put a new team in place to lead the telecom company during his second term.

Activists Wept for There Were No More Worlds to Conquer

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WSJ columnist Dennis Berman says that by persistent menace and frequent success, the activist investing agenda—buybacks and dividends, cost-cutting and tax gambits—has hardened into the default boardroom agenda, too.

JetBlue Pilots Vote to Unionize

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The pilots at JetBlue Airways voted to unionize, ending the carrier's status as one of the last nonunion airlines in the U.S.

Comcast, Charter Close to Subscriber Deal

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Charter could acquire nearly four million extra subscribers in a two-stage deal under discussion with Comcast, in what would represent a consolation prize for Charter's nearly yearlong pursuit of Time Warner Cable.

Lockheed Raises Profit Guidance

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Lockheed Martin raised its 2014 earnings guidance and continued its funneling of cash to shareholders as buybacks soared to $1.1 billion during the first quarter.

Wal-Mart de Mexico's Net Profit Down on Year

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MEXICO CITY—Retailer Wal-Mart de Mexico SAB said its first-quarter net profit fell 4.5% from a year before as higher expenses offset a modest increase in sales.

Court Strikes Down Ohio Hospital Merger

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A federal appeals court on Tuesday ordered a major health system in northwest Ohio to unwind its merger with a local hospital as antitrust authorities step up scrutiny of hospital deals.

Can John Boehner be trusted on immigration?

Healthscope Draws Interest from China, Malaysia and the U.S.

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Australia's Healthscope, put on the block by its private-equity owners in a deal that could be worth $5 billion, has attracted interest from companies in the U.S., China and Malaysia.

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