Business Stories from May 18, 2016 (Change date)
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UN report: By 2030 two-thirds of world will live in citiesMay 18, 2016 5:00 pm - NEW YORK (AP) - A new U.N. report is forecasting that by 2030 two-thirds of the world's population will be living in cities, the urban population in developing countries...
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THINGS TO KNOW: Houston's floods and politics of growthMay 18, 2016 4:30 pm - HOUSTON (AP) - Floods are getting worse and more expensive in Houston, the nation's fourth-largest city, where entire neighborhoods are often overwhelmed shortly after a...
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Hoping for a blockbuster, Tetris game inspires movieMay 18, 2016 1:00 am - BEIJING (AP) - It could be a blockbuster. At least that's what a Chinese-American movie studio hopes to produce in a sci-fi thriller based on the popular 1980s video gam...
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Say goodbye to Time Warner Cable: sale leads to name changeMay 18, 2016 2:00 pm - NEW YORK (AP) - Soon you'll have a new cable company to hate. It'll take some practice, but in time you'll get used to swearing at Spectrum. Time Warner Cable, the large...
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Lowe's, inContact and Andersons jump, while Target skidsMay 18, 2016 4:30 pm - NEW YORK (AP) - Stocks that moved substantially or traded heavily Wednesday: Lowe's Cos., up $2.53 to $78.60 The home improvement retailer posted strong results in the f...
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Colombia battles world's biggest drugmaker over cancer drugMay 18, 2016 5:00 pm - BOGOTA, Colombia (AP) - Colombia's government is giving pharmaceutical giant Novartis a few weeks to lower prices on a popular cancer drug or see its monopoly on product...
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FDA OKs immunotherapy drugs for bladder, blood cancersMay 18, 2016 4:30 pm - U.S. regulators have approved the first drug for bladder cancer that harnesses the body's immune system. It is the first advance in decades against the most common type ...
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Trump says his business flourishing since presidential runMay 18, 2016 5:00 pm - WASHINGTON (AP) - Donald Trump has told the government that his myriad businesses have flourished with rising revenues since his improbable political success, according ...
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Norway offers new offshore drilling licenses in Barents SeaMay 18, 2016 7:30 am - TROMSOE, Norway (AP) - Norway has awarded 10 new licenses for offshore oil and gas exploration in the Barents Sea, including three in previously untouched waters near th...
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Target reports declining revenue in first quarterMay 18, 2016 9:31 am - NEW YORK (AP) - Target easily beat first-quarter profit expectations, but slowing sales at the Minneapolis retailer and across much of the retail sector is creating a lo...