IBT Staff Reporter

Mylan Inc. (Nasdaq: MYL) said it has received final approval from the U.S. Food and Drug Administration (FDA) for its Abbreviated New Drug Application (ANDA) for Latanoprost Ophthalmic Solution, an eyedrop that lowers pressure in the eye.

NEW YORK Stock index futures pointed to a flat to higher opening for Wall Street on Monday, with futures for the S&P 500 up 0.1 percent, Nasdaq futures up 0.1 percent and Dow Jones futures trading flat by 0841 GMT.

A professor from the University of Tennessee analyzed the economic impact of the loss of bats in North America in agriculture and found it to be roughly $22.9 billion a year, with the extremes ranging as low as $3.7 and $53 billion a year.

U.S. stocks ended higher on Friday on strong jobs data. The Dow Jones industrial average gained 56.99 points, or 0.46 percent, to 12,376.72. The Standard & Poor's 500 advanced 6.58 points, or 0.50 percent, to 1,332.41. The Nasdaq Composite rose 8.53 points, or 0.31 percent, to 2,789.60.

Apple will add an 8 megapixel (MP) rear-facing camera in its upcoming iPhone 5 which would be supplied by Sony, suggesting that Apple's partnership with camera sensor provider OmniVision is ending.

Apple's iPad 2 shortage has spread to the afterlife as Chinese families in Malaysia rush to buy paper replicas of the popular new gadget to burn for their dead as part of a centuries-old rite.

In the final of the Sony Ericsson Open in Miami, world number two Djokovic beat Nadal in a thriller to extend his unbeaten run in 2011 to 24-0

French drugmaker Sanofi-Aventis completed its improved $20.1 billion offer for Genzyme, allowing it to begin merging the U.S. biotech firm into its business and add rare diseases to its growth areas.

Big Japanese manufacturers expect conditions to worsen significantly in the next three months, responses to a Bank of Japan survey collected after the March 11 earthquake showed on Monday. It was a reversal of the full survey results.

The first major Republican counter to President Barack Obama's February proposal for the 2012 budget was previewed on Sunday, as deficit cutting will exceed the President's proposal by a factor of 4 over the next decade, including a way to slow the growth of federal health spending.

Most tablet makers are building the wrong field of dreams and at least one CEO has got himself separated from his company for it. It is plain for all to see that Apple's field of dreams is their network of dedicated Apple stores worldwide.This might even be the reason why Apple will own the tablet space for the foreseeable future. Richard Shim, senior analyst at Displaysearch wrote in this blog about the exigencies of selling a product like a table through a traditional retail chain such ...

A breakthrough that makes hydrogen significantly safer to use and easier to store has been developed. Normally, hydrogen is stored in metal tanks pressurized to put o 10,000 psi for vehicular use. The new process allows hydrogen to he handled, stored and dispensed in much the same way as regular petrol. According to Cella Energy Ltd of the UK, the secret lies in their innovative use of plastic.

Japanese big manufacturers expect conditions to worsen significantly in the next three months, responses to a Bank of Japan survey collected after the March 11 earthquake showed on Monday. It was a reversal of the full survey results.

A new reality show has gone viral on the Internet featuring a life and death struggle, a love story and a birds eye view of -- an eagle family.

Advertising group Interpublic Group owns a stake in Facebook that could be valued at roughly $200 million to $300 million, The Financial Times reported.

Now 27, Van T Dinh is senteced following a two-year trial for hacking into a currency exchange account. As a 19 year old Drexel University student he was convicted for hacking into a stockbroker's account to dispose of derivatives in Cisco stock that he had bought.

Apple’s annual event that connects iOS and Mac OS X developers with the company’s engineers, details future OS development plans, and offers focused training for developers and IT professionals. The event runs from June 6 through June 10 at the Moscone West Convention Center in San Francisco.Conference passes this year were priced at $1,599 but sold out in less than three days. eBay bids are up to $4,600.

A 6.7 magnitude earthquake struck off the the Southern coast of Indonesia's Java island on Monday, according to the U.S. Geological Survey.

The top U.S. commander in Afghanistan on Sunday condemned the burning of a Quran in the United States, days after demonstrators retaliated by killing workers for the United Nations and protests in cities around the country have escalated into violence.

The U.S. Bureau of Ocean Energy Management said on Sunday it had not struck a deal with BP to allow the oil company to resume deepwater drilling in the Gulf of Mexico, refuting a press report.

Citigroup Inc and Capital One Financial Corp were part of a large data breach that exposed the names and e-mail addresses of many large companies' customers, including those at some of the nation's largest banks.

The Standard & Poor's 500 index is poised to hit its highest mark in nearly three years this week after more signs of life from the jobs market, but think twice before betting the house.

General Electric Co , which helped build the Fukushima Daiichi nuclear power plant damaged by Japan's earthquake and tsunami, will help the plant's operator supply electricity in the coming summer when power demand soars.

BP has struck a deal with U.S. regulators that will allow it to resume deepwater drilling in the Gulf of Mexico, a year after the Deepwater Horizon rig exploded, the Sunday Times reported.

Glencore has cleared the decks to launch its much-anticipated $10-billion listing around the middle of the month, receiving the nod from the Hong Kong stock exchange and positive signals from debt markets.

Striking oil workers in Gabon stopped the African country's estimated 240,000 barrels of daily crude oil production, a union official told Reuters on Saturday.

The International Monetary Fund on Saturday denied a report in German magazine Der Spiegel that it was privately pressing Greece to restructure its debt.

After India claimed World Cup glory on the night of April 2, not many remembered that it was the spin legend Muttiah Muralitharan's last ever International match.

Cablevision Systems Corp is launching an app for customers using its Optimum package to watch television on their iPads at home, the company said on Saturday.