Ellison Cedes Oracle CEO Post

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Oracle said its longtime leader, Larry Ellison, will step aside as CEO but take over as chairman of the business-software giant. Mark Hurd and Safra Catz were named co-CEOs.

Keystone Pipeline Cost Expected to Double

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TransCanada's CEO said the cost to build the Keystone XL pipeline, currently estimated at $5.4 billion, is expected to double by the time the U.S. government completes its review of the largest part of the project.

Asset Sales Highlight Sears Cash Deficit

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Sears is selling off assets to raise money, but even if those sales go as planned, credit analysts say, it could find itself short of funds by the end of 2016.

Is the influx of illegal aliens responsible for the mysterious enterovirus infecting children now across the country?

Investors Weigh Bid to Break Up DuPont

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The campaign to break up DuPont Co.by activist investor Trian Fund Management LP is no slam dunk.

Oasis Beverages, TSG to Buy Pabst

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Russian brewer Oasis Beverages and TSG Consumer Partners are partnering to buy Pabst Brewing, according to people familiar with the matter.

Amazon Shows 'Voyage,' a High-End Kindle Reader

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Amazon introduced a handful of new devices, including a $100 tablet aimed at the masses and a high-end electronic-reader that the company says is the closest e-reading experience to plain paper.

ConAgra Foods' Profit Surges

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ConAgra Foods said its fiscal first-quarter earnings more than tripled, as lower costs and expenses helped offset nearly flat revenue.

Red Hat to Acquire FeedHenry for $81.8 Million

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Red Hat agreed to acquire privately-held FeedHenry for $81.8 million, the latest in a series of deals that expands the open-source software provider's capabilities in cloud-based applications for big businesses.

Boeing Faces a Future Without Fighter Jets

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Aerospace giant Boeing is preparing to shift away from fighter jets as orders dry up, leaving a company with a rich military history without a fighter and ceding the market to Lockheed.

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