J&J to cut 6-7 percent of workforce in restructuring
Johnson & Johnson will eliminate about 6 percent to 7 percent of its global workforce, or some 7,000 to 8,000 positions, as the diversified healthcare company restructures and seeks cost savings, the company said on Tuesday.
Oil slips below $77 ahead of U.S. inventory data
Oil fell more than $1 per barrel to below $77 on Tuesday as stock markets slipped in Europe and Asia and the dollar rose against a basket of currencies.
Working with poultry linked to certain cancers
Poultry workers may be at particularly high risk of developing several forms of cancer, according to a new study that points to viruses carried by birds as a possible cause.
Sticking to evidence on stomach bugs could save $1B
When it comes to treating kids for acute gastroenteritis - an infection of the stomach - many children's hospitals in the U.S. are ignoring evidence-based guidelines - and costing the health care system more than $1 billion in unnecessary spending, according to the authors of a new study.
Buffett buying Burlington Northern in $34 billion deal
Warren Buffett's Berkshire Hathaway Inc will pay $26 billion to buy out railroad Burlington Northern Santa Fe Corp in what the billionaire investor called a bet on the U.S. economy.
Wall Street falls at open on banks
U.S. stocks fell at the open on Tuesday as concerns over European banks outweighed a deal by Warren Buffett's Berkshire Hathaway to buy railroad company Burlington Northern.
Enzyme eats scar tissue that blocks rat spine repair
U.S. researchers have engineered an enzyme that can gobble up scar tissue formed after spinal cord injuries in rats, overcoming a key hurdle to getting injured nerves to reconnect and heal.
Berlin holds MTV awards, 20 years after fall of Wall
Berlin hosts the MTV Europe Music Awards on Thursday, where German pop rock band Tokio Hotel will perform alongside U.S. rapper Jay-Z and Latin pop star Shakira.
MasterCard posts Q3 profit as costs fall
MasterCard Inc reported higher-than-expected quarterly earnings on Tuesday as the world's second-largest credit card network raised fees to banks and cut expenses, while consumers used their debit cards more.
Is TV watching linked to aggression in kids?
The more TV a 3-year-old watches, the more likely he or she is to behave aggressively, a new study shows.
Kids will need two doses of H1N1 flu vaccine
Up to 30 million doses of vaccine against the pandemic H1N1 flu have been delivered to the U.S. government and production is now picking up, officials said on Monday.
China's economy powering syphilis spread
China is experiencing an epidemic of syphilis, a sexually transmitted disease that the country virtually wiped out in the 1960s, a senior public health official was quoted as saying on Tuesday.
Scared of flying? Press the fear iButton
People scared of flying can now press a button on their iPhone to help them deal with their panic.
Many doctors overuse Pap testing: survey
Many U.S. primary care doctors are out of step with guidelines on Pap testing for cervical cancer -- largely because they overuse the test, according to a study published Monday.
Pregnant women should get flu shot as winter bites: WHO
Pregnant women and other people at high risk should be vaccinated against the H1N1 swine fluvirus as the cold weather begins to bite in the northern hemisphere, the World Health Organization (WHO) said on Tuesday.
Wall Street to open lower as banks offset Berkshire deal
U.S. stock index futures fell on Tuesday as the deal by Warren Buffett's Berkshire Hathaway to buy railroad Burlington Northern failed to offset poor results from Swiss lender UBS and a shake-up at two big British banks.
UBS won't stem withdrawals soon as Q3 disappoints
Swiss bank UBS does not expect to win back assets from rich clients any time soon as it struggles to rebuild its reputation after a bitter U.S. tax row even as its underlying performance improves.
China 3G stirs up mobile Internet frenzy
China's recent roll out of 3G mobile services is creating a land grab among its Internet firms, old and new alike, salivating over a mobile Internet market the size of the U.S. and Europe combined.
Daily Highlights - Nov 3
China said to plan review of developer loans on concern at surging prices.
Buffett to buy Burlington Northern in $34 billion deal
Warren Buffett's Berkshire Hathaway Inc said it agreed to buy railroad Burlington Northern Santa Fe Corp in Buffett's biggest acquisition ever.
Stock futures off as Europe banks offset Burlington deal
U.S. stock index futures fell on Tuesday as the deal by Warren Buffett's Berkshire Hathaway to buy railroad company Burlington Northern was offset by poor results from Swiss lender UBS and a shake-up at two big British banks.
Merkel to press US on climate in speech to Congress
German Chancellor Angela Merkel is expected to urge the United States to take bold action to combat global warming in a speech to a joint session of Congress on Tuesday, a month before a U.N. climate summit.
U.S. commercial property up in 3rd quarter
The prices of investment-grade commercial real estate rose more than 4 percent in the third quarter, possibly signaling an end to the sector's year-long downward spiral, according to an leading property index released on Tuesday.
China urged to adopt tougher C02 target
Swedish Prime Minister Fredrik Reinfeldt called on China to set a tougher target of cutting greenhouse gas emissions after 2020 as its part of a U.N. climate change agreement to be negotiated in Copenhagen.
Lloyds, RBS agree to massive shake-up
Britain's two largest retail lenders are to get another 31 billion pounds from the government and have agreed to sell hundreds of branches and key businesses to appease EU competition concerns over state aid.
Viacom profit up with box office and The Beatles
Viacom Inc. quarterly profit breezed past expectations as consumers set aside money worries to scoop up the new Beatles video game and buy tickets for box-office hits like Transformers and G.I. Joe.
Oil slips towards $77 ahead of U.S. inventory data
Oil fell more than $1 per barrel toward $77 on Tuesday as stock markets slipped in Europe and Asia and the dollar rose against a basket of currencies.
UPDATE 1-RiskMetrics Q3 profit tops estimates
RiskMetrics Group Inc (RMG.N) posted a third-quarter profit that beat analysts' estimates, helped by a 40 percent drop in income tax provisions.
EURO BONDS-Landesbank Berlin, DEXMA, OP Mortgage Bank, Ibercaja
News, details on bond issues in the European market on Tuesday:
Commercial Bank of Qatar seeks US buyers for bond
Commercial Bank of Qatar COMB.QA, the Gulf state's third-biggest by market value, will gauge U.S. investor's appetite for a potential bond issue at a roadshow on Wednesday.