Mylan Settles EpiPen Medicaid Overcharge Claims for $465 Million
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Mylan agreed to pay $465 million to settle federal government claims that it overcharged the Medicaid program by millions of dollars for its EpiPen products.
Wal-Mart Sales Rise as Retailer Dodges Industry Malaise
Wal-Mart Stores Inc.'s sales rose in the latest quarter, boosted by an e-commerce surge and strong grocery sales, a sign that the world's largest retailer continues to brush off the malaise afflicting some competitors.
Trump Threatened to Kill AT&T-Time Warner Deal, But It's Very Much Alive
The government review of AT&T's $85 billion takeover of Time Warner has reached an advanced stage, a sign that Donald Trump's campaign-trail complaints about media concentration and his disdain for CNN haven't gummed up the vetting process.
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Alibaba's Net Income, Revenue Surge on Growth in Online Sales
The Chinese e-commerce giant's efforts to expand product offerings and leverage big-data assets-all aimed at getting consumers and advertisers to spend more-appear to be working.
Bank of America to Pay $6 Million to Bankrupt Couple Evicted From Home
Bank of America Corp. has agreed to pay more than $6 million to a California couple whom a federal judge said had been harassed and illegally foreclosed upon, ending an eight-year-long dispute.
Wisconsin Assembly Expected to Approve Tax Incentives for Foxconn
The Wisconsin State Assembly will vote Thursday on a $3 billion tax-incentive package for Taiwan's Foxconn Technology Group to build a display-panel plant in the state.
Uber Wins Ruling on 'Terms of Service' Agreements
A federal court found that Uber Technologies customers sign over their rights to sue in court when they click to agree to the ride-hailing company's terms of service, which include a provision requiring arbitration.
MassMutual to Sell Asian Unit to Jack Ma-Backed Company
Massachusetts Mutual Life Insurance Co. agreed to sell its Hong Kong-based operations for about $1.7 billion to a group of Asian investors that includes two companies affiliated with Chinese billionaire Jack Ma.
GM Reaches Deal With 'Old GM' Trust on Ignition-Switch Defense Costs
General Motors has reached an agreement with the trust set up to oversee its bankruptcy claims that likely thwarts lawyers' efforts to extract an additional $1 billion from GM to settle claims stemming from faulty ignition switches.
Elliott Management Wants Energen to Explore Sale Options
Elliott Management has built a big position in Energen Corp., a natural-gas company already under pressure from another activist to sell itself. The hedge fund owns a stake between 4% and 5% and is joining with Corvex Management LP to urge a sale.
(END) Dow Jones Newswires
August 17, 2017 17:15 ET (21:15 GMT)