AstraZeneca PLC, the second- largest drug manufacturer in the U.K., said on Tuesday it has entered into a settlement agreement with Indian generics maker Ranbaxy Laboratories Ltd to conclude a lawsuit over a patent infringement case for its Nexium drug.
Crude prices rose to a new record high on Tuesday as the dollar fell and supply disruptions from major oil exporters to the U.S. were announced today.
The dollar weakened against the Euro on Monday on renewed concerns about the economy.The dollar weakened against the Euro on Monday on renewed concerns abo...
U.S. Bancorp, the sixth-largest U.S. bank, said on Tuesday first-quarter profit fell about 3.5 percent, on higher provision for credit losses, but managed to beat earnings estimates by a penny.
Delta and Northwest Airlines shares fell on Tuesday after the Justice Department said it is interested in examining the proposed merger between the two companies, a deal some lawmakers say will tamper with competition.
Bear Stearns, the fifth-largest U.S. investment bank, reported late Monday that its first quarter profit plunged 79 percent just ahead of the confidence crisis which forced a sale of the bank to rival JPMorgan Chase & Co.
Greg McCoach is an entrepreneur who has successfully started and run several businesses the past 22 years. For the last eight of these years he has been involved with the precious metals industry as ...
Wachovia Corp. investors were hit with a double-whammy on Monday, after the fourth largest U.S. bank reported an unexpected loss for the quarter, cut their dividends, and announced a plan to sell diluted stock.
Delta Air Lines Inc. and Northwest Airlines Corporation officially confirmed it agreement to merge the two carriers, creating America's premier global airline, with a combined enterprise value of $17.7 billion.
U.S. Treasurys fell in price on Monday after more news of banks in crisis were offset by a government report showing slightly higher retail sales in March.
The dollar was slightly higher against the euro early Tuesday after the Group of Seven nations signaled over the weekend about their concern regarding sharp fluctuations in exchange rates which they said could hurt the global economy.
Vasogen Inc said it will pause the clinical study of Celacade, its lead medical product for the treatment of chronic heart failure and cut 85% of its employees in order to move to another field.
Deutsche Bank is looking to sell a debt of loans of leveraged buyouts to investors and private equity firms, for much less than the $20 billion dollars previously announced, Reuters reported.
Gold futures closed with a slight gain on Monday, after weakness in the U.S. dollar led more investors to the precious metal.
Delta Air Lines and Northwest Airlines are close to announcing a merger agreement as early as Tuesday, according to reports. The proposed deal would create the world's largest carrier, surpassing AMR Corps's American Airlines, and possibly prompt a series of other mergers that could reshape the U.S.
Crude prices jumped on Monday as the U.S. dollar declined and supply disruptions in a U.S. pipeline rose demand concerns.
Wheat gained on Monday amid concerns that warm and dry weather in the Great Plains may slow development of wheat crops in the U.S.
Wachovia Corp., the fourth largest U.S. bank, reported a first quarter loss on Monday and said it would strengthen its balance sheet by cutting the shareholder dividend and raising $7 billion in capital.
AOL, the Time Warner Inc. Web unit will start selling and managing Internet ads for Verizon Communications Inc., as it continues to diversify its business and put much focus to advertising.
Japan stocks dropped Monday because of growing fears of U.S. economic slowdown and lagging Asian markets.
An experimental vaccine to spur the immune system to fight breast cancer seemed to reduce the risk of death in a significant number of women, according to a clinical trial monitored by the U.S. military.
Blockbuster Inc., the largest movie-rental chain, made an unsolicited $1.35 billion offer to buy Circuit City Stores Inc. to acquire all of its outstanding shares for at least $6 a share in cash.