MARKETS / FINANCE

Even as the pharmaceutical giant bats away concerns over its complex pharmacy model, federal investigators have launched a new antitrust probe.

Australia, the world's largest coal exporter, said it will not stop development of coal mines despite a call by prominent citizens to curb the country's role in global warming.

Investors in Asia and Europe exercised caution Tuesday, as uncertainty loomed over the outcome of central bank meetings in the United States and Japan.

The support of the Southeast Asian country comes as a welcome break for the U.S.-backed deal, which would influence about 40 percent of the world economy.

Handling holiday shipping profitably and effectively is critical to UPS, which has delivered underwhelming results for the past two Christmas seasons.

The moderation in new home sales is at odds with other housing reports that have painted a bullish picture of the sector.

Investors took cover ahead of central bank meetings in the United States and Japan later this week.

ICE said the deal to buy IDC, which provides financial data to banks, money managers and hedge funds, was approved by the boards of both companies.

The offering comes at a time when consumer spending is rising, making regional gaming assets once again desirable.

Earnings and revenue have been depressed this year largely because of the strong dollar, weakness in China and Brazil, and tumbling oil and commodities prices.

Chase believes its smartphone application, known as Chase Pay, has one key advantage: the caliber of retailers it has brought on board.

The president wants less class time spent on preparing for standardized tests. But major players Pearson, Educational Testing Service and Data Recognition Corporation/CTB may stand in the way.

Investors began the week cautiously, following subdued global markets ahead of the next Federal Open Market Committee meeting.

The Canadian drugmaker answered concerns from investors over its embattled specialty pharmacy model, but more questions are emerging.

After a week of bombshell allegations and investor panic, the pharmaceutical giant's executives must explain away loud accusations of fraud.

The bilateral deals between Japan and Uzbekistan cover the communications, energy, transport and other sectors.

China's Premier Li Keqiang says the economic difficulties ahead for China should not be underestimated.

USAA, one of the largest issuers of credit and debit cards in the U.S., has ended a roughly 30-year relationship with MasterCard.

The U.S. Federal Reserve's policy-setting Federal Open Market Committee is meeting next week, but it is not expected to raise its interest rates.

"China's future economic growth will still be relatively quick. Around seven, six-point-something -- these will all be very normal," a People's Bank of China official says.

"I'm appalled at how many Americans are going into bankruptcy because of outrageous costs," one physician said.

On Tuesday, the iPhone maker is expected to report $51.1 billion in revenue, a 21.3 percent increase compared to the same quarter last year.

The decision came a day after General Motors said it would add 1,200 jobs and a shift at its Detroit-Hamtramck plant.

The airline's move to sell cheap fares with more restrictions highlights how competition is intensifying between the largest U.S. airlines and low-cost rivals.

The 10-year yield for U.S. government bonds Friday was about 2.08 percent.

Many analysts say its too soon to tell how prices of commodities, including base metals, will fare in the long run.

The country's central bank cut interest rates Friday for the sixth time since November in an attempt to boost demand and shore up flagging industries.

Investors flocked to technology shares as global markets rallied on Beijing's new stimulus measures.

“This is the best time to buy in years,” one investor said.