How Eurozone Growth is Bucking the Global Trend

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Unusually, the eurozone is leading the way. Strong first-quarter growth bodes well for the year.

Valeant Files Overdue Annual Report, Makes Sweeping Board Changes

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Valeant filed its overdue annual report, resolving the looming danger of debt default and at revealing a number of new investigations into its business practices. It also outlined sweeping board changes as it seeks to change its tone at the top of the company.

U.S. Chides Five Economic Powers Over Policies

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The Obama administration delivered a shot across the bow to Asia’s leading exporters and Germany for their economic policies and warned that a number of major economies around the globe could face intense pressure to engage in currency interventions to counter slow growth.

Dole Food Under Investigation Over Listeria Outbreak

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The U.S. Justice Department has launched a criminal investigation into Dole Food Co. over a listeria outbreak linked to four deaths in the U.S. and Canada and multiple other illnesses.

AB InBev Offers to Sell More SABMiller Brands

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AB InBev has offered to sell SABMiller’s Central and Eastern European brands ahead of a European Commission decision on its acquisition of the London-based brewer.

Mixed Results for China's Oil Companies Despite Government Aid

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China’s efforts to support its state-controlled oil giants have so far yielded mixed results, showing how the global oil-price slump is reshaping the industry.

Exxon Mobil Posts Smallest Profit Since 1999 Merger

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Exxon Mobil, the largest U.S. oil company, reported its smallest quarterly profit since 1999, a 63% plunge from a year ago, as oil prices remain depressed.

Core Entertainment Wins Approval to Tap Lenders' Cash

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Core Entertainment, the company behind the “American Idol” TV series, won approval from a bankruptcy judge on Friday to tap its lender’s cash and move forward with its chapter 11 proceedings.

Rovi to Buy TiVo in $1.1 Billion Deal

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Rovi Corp. said it would acquire TiVo Inc. for about $1.1 billion, a tie-up that comes as consumers are increasingly changing how they watch videos.

Anemic Wage Growth Restraining Economy

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Years of solid job gains are failing to produce a breakout in wages, suppressing the spark needed for a sustained pickup in economic growth.

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