Oil Prices Poised to Hit Sweet Spot

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On Thursday oil prices rose above $50 a barrel, putting crude back within a range between $50 and $60 in which almost everybody benefits, economists and investors say.

Four Studios Won't Honor Movie-Booking Practice

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Four major Hollywood studios are telling theater owners they will no longer participate in a movie-booking practice that has attracted lawsuits and attention from the Justice Department.

Thiel's Funding of Lawsuit vs. Gawker Divides Silicon Valley

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Billionaire investor Peter Thiel’s newly disclosed funding of a secret legal campaign against Gawker takes the entrepreneur’s zeal for shaking things up in a new and controversial direction.

Why Samsung Suddenly Finds Parts Fitting Together

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After a spell during which several of Samsung Electronics’ big businesses struggled at once, a turnaround may be at hand.

FDA Approves New Arm Implant to Treat Opioid Dependence

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The U.S. Food and Drug Administration approved a drug-emitting arm implant to treat addiction to heroin and other opioids, providing a new tool against an illness that has proved extraordinarily difficult to manage.

Facebook and Microsoft to Build Fiber Optic Cable Across Atlantic

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Facebook Inc. and Microsoft Corp. have teamed up to build a new fiber optic cable under the Atlantic Ocean, the latest evidence that the biggest U.S. tech companies are seeking more control over the Internet’s plumbing.

G-7 Leaders Differ on Risks to Global Growth

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Leaders of the Group of Seven leading industrialized nations talked Thursday about ways to stoke the global economy but appeared to disagree on the risks to growth and exactly how to respond.

Up to 7 Million Cars With Takata Air Bags to Be Recalled in Japan

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Auto makers are recalling up to seven million more vehicles in Japan that carry air bags made by Takata, bringing the number of domestic cars subject to recall in the country to 19.6 million, Japan’s government said Friday.

Activist Ackman Tries Life as an Inside Man

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After firing Valeant’s CEO, investor William Ackman has been defending the embattled drug company from outside critics.

Cellphone-Cancer Link Found in Government Study

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A major U.S. government study on rats has found a link between cellphones and cancer, an explosive finding in the long-running debate about whether mobile phones cause health effects.

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