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Business News
Stocks slightly higher as oil prices reverse decline
NEW YORK (AP) -- Stocks are mostly higher in late-morning trading Friday, as investors worked through another mixed batch of corporate earnings, this time from Google's parent company Alphabet, Amazon, and oil giants Chevron and Exxon Mobil....
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Merck posts strong 2Q numbers, while building for long term
Drugmaker Merck & Co., focused heavily on its long-term future as it builds sales of crucial new medicines Keytruda for cancer and Zepatier for hepatitis C, still posted a big jump in second-quarter profit thanks to slightly higher sales and more cost cutting....
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SABMiller to recommend AB Inbev deal despite value shift
LONDON (AP) -- The board of brewer SABMiller says it intends to "recommend" that shareholders accept Anheuser-Busch InBev's revised takeover offer, clearing the way for a shareholder vote on the mega-deal....
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Groups ask appeals court to reconsider net neutrality ruling
NEW YORK (AP) -- Cable and telecom industry groups want a federal appeals court to reconsider its ruling on net neutrality....
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US regulators: Still heavy risk in big bank loans
WASHINGTON (AP) -- Federal regulators say risk remains heavy in large loans made by banks and other financial institutions, though lending standards have improved....
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