Mylan Settles EpiPen Medicaid Overcharge Claims for $465 Million 
 

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.

 
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 17:00 ET (21:00 GMT)

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