U.S. Approves Skin Cancer Treatment

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The FDA granted accelerated approval to Bristol-Myers’s skin-cancer treatment Opdivo, which uses the body’s immune system to fight tumors.

Rosneft, Morgan Stanley Oil Business Deal Collapses

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Morgan Stanley scotched a deal to sell an oil-trading and storage business to Russia’s OAO Rosneft, leaving the Wall Street firm on the lookout for a new buyer of the division.

Alibaba's Tmall Global Site Stumbles

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Alibaba’s Tmall Global shopping platform is failing to live up to its early billing as a “fast track into China” for foreign brands new to the mainland, say brands and online-shopping consultants.

The Future of Cars Looks Very Different

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The car business is embracing a new aesthetic: one where autos become part of a networked world, make decisions on the fly and offer utility that extends beyond transportation.

Clashes Break Out Over Myanmar Copper Mine

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A woman was killed and a dozen others were injured in clashes with authorities over a copper mine in central Myanmar, activists said, just after a state-run Chinese company said it would resume construction at the site.

Brazil's Rousseff Has No Plans to Change Management at Petrobras

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Brazilian President Dilma Rousseff said Monday she has no plans to make changes among the management at scandal-plagued state-controlled oil company Patroleo Brasileiro SA, or Petrobras.

FTC Puts Conditions on Lilly's Deal to Buy Novartis Unit

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The Federal Trade Commission said it put conditions on Eli Lilly and Co.’s proposed deal to buy Switzerland-based Novartis AG’s Animal Health division.

Monday's Deluge to Test UPS's New System

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UPS all year has been focused on one day above the rest: Monday Dec. 22, when it will deliver 34 million packages, more than any other in its history—putting a new high-tech sorting system to the test.

Airbus Delivers First A350 to Qatar Airways

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Airbus has delivered its first A350 twin-engine jetliner to Qatar Airways, capping a $15 billion dollar development program.

Trump Taj Mahal to Stay Open Into New Year, Lawyer Says

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The Trump Taj Mahal will remain in operation through Christmas and into the New Year, due to a $20 million loan from secured lender Carl Icahn, a lawyer for the casino operator said Monday.

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