IBT Staff Reporter

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Jury hits Teva, McKesson, Baxter in Propofol case: report

A Nevada jury ordered a Teva Pharmaceutical Industries Ltd unit and two other healthcare companies to pay $162.5 million in punitive damages to a group of colonoscopy patients who claimed they contracted Hepatitis C from vials of the sedative Propofol, Bloomberg reported on Monday.

China Rural Migrants Young, Restless and Online: Report

China's young migrant workers believe manufacturers can afford bigger pay rises and they are increasingly willing to strike to win them, according to a report that documents the spread of labor unrest across the country's export zones.

Hana Willing to Renegotiate $4.1 Billion KEB Deal

Hana Financial Group is willing to renegotiate its agreed $4.1 billion deal to buy Korea Exchange Bank from Lone Star , should the U.S. fund decide not to appeal a court verdict against it, Hana's chairman said on Tuesday.

Hana chairman: willing to renegotiate $4.1 billion KEB deal

Hana Financial Group <086790.KS> is willing to renegotiate its agreed $4.1 billion deal to buy Korea Exchange Bank <004940.KS> from Lone Star , should the U.S. fund decide not to appeal a court verdict against it, Hana's chairman said on Tuesday.

Asia shares jump after China move, euro firm

Asian shares jumped on Tuesday after China moved to support its stock market by buying shares of major banks, and the euro held the previous session's big gains on hopes that European leaders are finally taking action to protect the continent's lenders.

Slovak PM to put government on line ahead of EFSF vote

Slovak Prime Minister Iveta Radicova will put the future of her government on the line on Tuesday before lawmakers cast ballots on a euro zone rescue mechanism that one of her junior ruling parties looks set to shoot down.

A realistic Dream Act for all

Only in the bitter partisanship of our moment could Texas Governor Rick Perry be denounced because he expressed compassion. In the most recent Republican presidential debate, Perry was hammered for supporting a Texas law that allows illegal immigrants to receive in-state tuition discounts at public universities. Now he has apologized for saying those who oppose helping illegals attend college “have no heart.”

California's September revenue misses target

California's revenue for September missed the state's budget projection by $301.6 million, raising the prospect that spending cuts could be triggered early next year, the state controller said on Monday.

Roger Ailes says he'd be dead if he'd screwed it up

In commemoration of Fox News' 15th anniversary, Rupert Murdoch, Chairman and CEO of FNC's parent company News Corp., and Roger Ailes, President of the network, stopped by its morning show Fox & Friends on Monday.

Abound Solar names new CEO

U.S. solar startup Abound Solar said its chief executive will step down from that post for family reasons and become chairman.

American Airlines sees Q4 capacity down

American Airlines, a unit of AMR Corp , said its fourth-quarter mainline capacity will dip 3 percent due to an adjustment in its late fall and winter schedule and that it will retire up to 11 Boeing 757 aircraft in 2012.

Carlyle/Blackstone, THL are Morgan Keegan finalists

Thomas H. Lee Partners and a consortium that includes Blackstone Group and Carlyle Group are finalists to acquire Regions Financial Corp's Morgan Keegan brokerage and investment banking unit, sources familiar with the matter said on Monday.

Enlightened premiere: why you should watch

Enlightened opens with health and beauty buyer Amy Jellicoe's (Laura Dern) spectacular workplace meltdown, a frightening outburst so emotional and so public that no one else who unleashed it would ever dare to face any of her co-workers again, let alone ask for her job back.

American Airlines capacity to dip in fourth quarter

American Airlines, a unit of AMR Corp , said fourth-quarter mainline capacity will dip 3 percent due to an adjustment in its schedules and that it will retire up to 11 Boeing 757 aircraft in 2012 in response to high fuel costs and an uncertain economy.

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