AbbVie Pins Hopes on Hepatitis C Treatment

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AbbVie is hoping for regulatory approval this month of its first significant new drug product in a decade: a multidrug regimen for the liver disease hepatitis C. AbbVie currently relies on just one drug to generate 63% of its revenue: the anti-inflammatory drug Humira.

EU Considers Uber's Request to Block French Taxi Law

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The EU is considering Uber’s latest legal maneuver to block a new French law that could upend how the company operates.

Sony Pictures Running the Show

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Sony Pictures’ struggles with hackers over the movie “The Interview” has demonstrated the movie studio’s relative independence from Sony headquarters in Tokyo.

Xavier Niel to Buy Orange Switzerland

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France’s Xavier Niel has agreed to buy Orange Switzerland from Apax Partners in a deal worth $2.8 billion, as the French technology entrepreneur continues to expand his telecom assets across Europe.

U.K. Retail Sales Get Black Friday Bump

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U.K. retail sales grew at the fastest yearly pace in November in 10 years, boosted by British stores embracing aggressive Black Friday discounts.

KKR Shale Investment Stumbles

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KKR’s deal for energy company Samson Investment offers a cautionary tale of the U.S. shale boom, with the investment deep in the red.

Ports Crisis Brings Commerce to Crawl

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Tommy Bahama and other retailers are a casualty of congestion snarling ports on the West Coast. The logjam in part stems from labor negotiations between port employers and workers.

Emails Unveil Snapchat's Secretive CEO

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Leaked emails involving a Snapchat director show the startup’s rapid rise was the work of a secretive entrepreneur with a distaste for Silicon Valley conventions.

Playing the Tax 'Audit Lottery'

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Buried in U.S. companies’ securities filings is an indicator for how aggressively they are working to shield their income from the IRS and other tax authorities.

U.S. Companies Consider the Possibilities of Cuban Trade

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The White House’s move to normalize ties with Cuba could give U.S. companies access to a market that’s been largely off-limits for more than a half century but has less commercial allure than it once did.

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