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American producers are under pressure from investors to keep spending in check, and they are wary of drilling more wells because they are not sure oil prices will stay high.
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Asian retail—much of it Chinese—is now having its own moment.
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The chief executive, Scott Kirby, said that buying a smaller airline might not be worth the effort.
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JPMorgan CEO Jamie Dimon in his annual letter to shareholders noted the country's 250th anniversary and called for a broad recommitment to American ideals.
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