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Kohl's cuts profit forecast after weak first quarter, shares fall 10%
Posted on Tuesday May 21, 2019

Kohl's Corp slashed full-year profit forecast after the department store operator missed Wall Street estimates for quarterly same-store sales and profit on Tuesday, sending its shares down over 10% in

U.S. eases restrictions on Huawei; founder says U.S. underestimates Chinese firm
Posted on Tuesday May 21, 2019

The United States has temporarily eased trade restrictions on China's Huawei to minimize disruption for its customers, a move the founder of the world's largest telecoms equipment maker said meant

Huawei accuses U.S. of bullying, says working with Google to counter ban
Posted on Tuesday May 21, 2019

Chinese telecoms equipment maker Huawei called itself the victim of U.S. "bullying" on Tuesday and said it was working with Google to counter trade restrictions imposed by Washington last

Bayer hires law firm to probe Monsanto data collection
Posted on Tuesday May 21, 2019

Bayer on Tuesday hired law firm Sidley Austin to investigate a Europe-wide data collection scheme run by its Monsanto unit, which targeted journalists, politicians and other stakeholders to influence the

Merck to buy cancer drug developer Peloton for $1.05 billion in cash
Posted on Tuesday May 21, 2019

Merck & Co Inc said on Tuesday it would buy Peloton Therapeutics Inc for $1.05 billion in cash to gain access to the privately held company's renal cancer drug

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