GM, SAIC to Jointly Design New Cars

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General Motors plans a $5 billion initiative with China’s SAIC Motor to overhaul how it develops cars for emerging markets, committing to a family of lower-cost Chevrolets for developing markets by 2019.

Baidu's Reinvention Leaves Investors Searching for Profits

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Baidu is investing heavily in new services to keep pace with rivals, eating up profits in the process.

Clock Is Ticking for Time Inc. CEO

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Aggressive push in online video, ‘native’ ads and ‘big data’ are at the center of Joe Ripp’s strategy to save the company Henry Luce built.

China Stocks Plunge as Beijing's Bid to Buoy Market Falters

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Chinese shares fell 8.5%, their biggest one-day percentage drop in over eight years, calling into question the effectiveness of Beijing’s recent efforts to prop up the market.

Dutch Law Sinks Drug Tie-Up

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When Mylan moved its legal home to the Netherlands it gained not just tax savings, but a Dutch corporate rule book that gave it more levers to resist takeovers, such as Teva’s $40 billion proposal.

Planet Fitness Looks to Raise $216 Million in IPO

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Planet Fitness seeks to raise up to $216 million in its initial public offering, with the company and certain shareholders selling 13.5 million shares for $14 to $16 each.

Virgin Galactic Awaits NTSB Findings

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Federal investigators looking into the 2014 crash of Virgin Galactic’s experimental rocket ship are poised to highlight safety lapses during flight preparation, according to people familiar with the matter.

Nike, Apple Agree to Settle Nike+ FuelBand Suit

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Nike and Apple have agreed to settle a class-action lawsuit brought by consumers regarding the efficacy of the Nike+ FuelBand, and will offer partial refunds to people who bought the fitness-tracking device.

Secret IPO Filings Feed Deal Frenzy

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Many U.S. companies, from tech startups to drug makers, are secretly seeking to go public. Yet some that file confidentially face very different fates: Their filings spark interest from prospective acquirers.

Weakness in Asia Batters Currencies Abroad

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The global commodities slump is testing the resilience of resource-driven economies, pushing currencies from Australia, Canada and Norway to lows not seen since the financial crisis.

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