Vanguard Claims Title of World's Largest Bond Fund

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Pimco’s flagship Total Return fund ceded its title as largest bond mutual fund to rival Vanguard Group, according to April data.

Boxing Match Shows Might of Live-Streaming Apps

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Twitter’s Periscope app and rival Meerkat are rankling television networks, Hollywood studios and television distributors.

David Goldberg's Death Leaves Silicon Valley Without a Champion

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A Mexican state official said SurveyMonkey CEO David Goldberg died of severe head trauma in an exercise accident.

U.S. Stock Futures Little Changed

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U.S. stock futures were little changed Tuesday, pausing after the S&P 500 notched its biggest two-day advance in more than a month.

Free Trade Gains a Convert

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South Carolina textile maker Milliken & Co., like other U.S. companies, dropped its protectionist stance as business went global

Sprint Stumbles but Holds Place

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Sprint hung on to its third-place rank in the U.S. wireless business, ahead of T-Mobile US, though its revenue fell 7.7% for the first three months of the year.

UBS Profit Nearly Doubles

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Swiss bank’s earnings boosted by wealth management and a strong bump from its pared-down investment bank.

India's Debt Complicates Growth Plans

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Debt at India’s big infrastructure companies is complicating plans to boost the economy.

EU Delays Decisions on Tax Probes

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The EU won’t meet a June deadline for deciding whether four multinational companies benefited from illegal tax sweeteners.

Goldman Raises Legal Loss View

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Goldman Sachs raised the top end of its range of “reasonably possible” legal expenses to about $3.8 billion.

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