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Business News
Correction: Abbott-St Jude Acquisition story
In a story April 28 about an Abbott Laboratories plan to buy St. Jude Medical, The Associated Press reported erroneously the deal's value. Abbott Laboratories will spend $25 billion to buy St. Jude Medical, not $19.3 billion....
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US consumer sentiment slips in April
WASHINGTON (AP) -- American consumers were a bit more downbeat in April....
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US consumer spending inches up in March
WASHINGTON (AP) -- U.S. consumers boosted their spending by a tiny amount in March as purchases of nondurable goods such as clothing offset a big fall in spending on autos and other long-lasting items....
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Valeant files overdue financial report, ending debt default
Valeant Pharmaceuticals on Friday filed its long-overdue U.S. financial report for 2015, plus restated results for several quarters, resolving its default on some of its $30 billion in debt and averting other problems. The badly tarnished Canadian drugmaker also announced a slate of mostly new nominees for elections to its board in June....
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Exxon's 1Q profit plunges 63 percent on lower oil prices
DALLAS (AP) -- Exxon Mobil produced its weakest quarter in more than 16 years as lower oil prices pushed its profit down by 63 percent....
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Poll
Where do you think the crisis with prescription and opiate drugs is headed?
  It will get worse before it gets better.
  It will improve slowly.
  It will remain the same.
 
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