IBT Staff Reporter

Aventis Pharmaceutical Inc., a wholly owned subsidiary of sanofi-aventis U.S. LLC, has agreed to pay the United States $95.5 million to settle allegations that it violated the False Claims Act by misreporting drug prices in order to reduce its Medicaid Drug Rebate obligations, the Justice Department announced today.

The professionals at Arena Salon & Day Spa know what it takes to become a leading Houston Day Spa and Salon. As the hot summer months approach, there are two objectives to keep clients coming back: looking good and preventing sun damage to the skin.

Countless workers in the United States are trapped in jobs they would like to leave because they cannot get health insurance elsewhere, calcifying innovation and mobility in the world's largest economy.

A group of major General Motors Corp bondholders on Thursday gave its support for a revised bond exchange, saying the option of litigation in bankruptcy court was too risky.

New orders for long-lasting U.S. manufactured goods saw their biggest gain in 16 months in April and fewer workers filed for new jobless benefits last week, according to data on Thursday that suggested the deep recession was abating.

Hewlett-Packard Co said on Thursday it plans to cut 5,700 jobs in its Europe, Middle East and Africa region (EMEA) over the next two years.

Three of Canada's largest banks reported stronger-than-expected results on Thursday even as they set aside more money to cover bad loans and detailed a raft of writedowns for credit and market losses.

The pace of economic decline in western Europe is slowing, data showed on Thursday, though activity is still very subdued and prospects for a global recovery are being hurt by the rising cost of borrowing money.

School cafeteria meals like low-fat pizzas with whole grain crust don't taste too bad to Paola Villatoro, a 17-year-old at Downtown Magnet High School in Los Angeles.

OPEC ministers set their sights on oil prices above $70 a barrel as they gathered for talks in Vienna, but they were expected to hold output steady and rely instead on economic recovery to push the market up.

Dunkin' Donuts will mark National Donut Day by offering customers a free donut of their choice with the purchase of any beverage.

Europe's next big move to confront climate change should be to tackle rapidly growing emissions from transport, with more road tolls and greener cars, trains and trucks, a top EU environment official said.

Sales of newly built U.S. single-family homes rose slightly less than expected in April, a government report showed on Thursday, and the previous month's figures were revised down to show a steeper fall.

Q-Cells has no plans to further beef up its balance sheet at the moment, as recent steps have secured its mid-term financing position, the company's chief executive has told Reuters.

British clean-fuel companies Oxford Catalysts Group Plc and PolyFuel Inc were awarded government grants in the United States as part of a move to promote alternative energy sources.

One of the season's highest-profile proxy battles is being put to a vote on Thursday as activist investor William Ackman and Target Corp face off at the retailer's annual meeting.

Stock index futures pointed to a higher open on Wall Street on Thursday after key government data indicated the recession may be abating while investors eyed a looming bankruptcy for General Motors.

A Japanese university is giving away Apple Inc's trendy iPhone to students for free, but with a catch: the device will be used to check their attendance.

Costco Wholesale Corp posted a quarterly profit on Thursday that just missed Wall Street expectations, as shoppers cut back on discretionary items like clothes and jewelry.

Many South Koreans are mourning a former president who was popular among youth in cyberspace, with an online gaming company even halt playing for several hours for the funeral on Friday.

With the recession cutting out some family vacations, gym memberships, and personal trainers, a rash of new videogames designed to let people workout in their living room are hitting the shelves.

New orders for long-lasting U.S. manufactured goods rose more than expected in April, posting their biggest gain in 16 months, according to government data on Thursday that suggested the recession was winding down.

News Corp hopes to sell Google Inc access to a greater swathe of its media properties, its executives said, as an advertising deal between the two companies comes up for renewal.

Auto parts makers Visteon Corp and Metaldyne Corp filed for Chapter 11 bankruptcy protection for their U.S. operations, becoming the latest casualties of the global auto industry crisis.

Oil held above $63 on Thursday after OPEC ministers meeting in Vienna decided, as widely anticipated, to leave the group's crude output unchanged at 24.85 million barrels per day.

Auto parts makers Visteon Corp and Metaldyne Corp filed for Chapter 11 bankruptcy protection for their U.S. operations, becoming the latest casualties of the global auto industry crisis.

Stock index futures pointed to a higher open on Wall Street on Thursday ahead of key U.S. durable good orders and new home sales data, while the market eyed General Motors as it slid closer to bankruptcy.

Stock index futures pared gains on Thursday, after the release of an outlook by Dow component Procter & Gamble , and ahead of key U.S. durable good orders and new home sales data.

As the battle for German carmaker Opel effectively narrowed to a race between Fiat and Magna, overnight talks to shield Opel from General Motors' looming bankruptcy ended with no deal.