Six months after the mass recall that left headache and migraine sufferers at a loss for a cure, Excedrin is still not on the market officially but many have turned to the black market, as Excedrin has been seen for sale on consumer-to-consumer website eBay for $150. However, Novartis said it is working very hard to return products to store shelves and has plans to restart production on a line-by-line, product-by-product basis by the ?second half of the year.?
The world's top three jet engine makers are accelerating their research and development (R&D) efforts to cash in on a booming global aviation market.
North Korea's now got its own version of the loveable Disney pantheon, but the phenomenon is revealing of much more than Americanization across the globe.
Airbus and Boeing are ramping up their global supply chain efficiency to meet a huge number of orders.
Microsoft has officially announced that it will launch its next operating system, Windows 8, in late October. The release to manufacturing (RTM) edition of Windows 8 will be available in the first week of August, Microsoft CFO Tami Reller said today.
Japan, which is still floundering from last year's earthquake-tsunami, is once again nearing a recession, economists say.
This week?s focus will be the June Federal Open Market Committee minutes, U.S. trade deficit and China's Q2 GDP.
BMW AG (Frankfurt: BMW) will increase Mini production in a big way with a £250 million ($387 million) investment over three years in UK manufacturing, the BBC reported Monday.
As tablets become the rage in the mobile computing market, manufacturers are sprucing up their plans to gain a toehold in this segment. With turf wars hotting up, the IBTimes Tech Desk identifies three reasons as to why market leader Apple must release a small version of iPad, or Mini iPad as it is popularly known, to retain its hold over the mobile ecosystem.
China and India are set to sink billions of dollars into Afghanistan, perhaps the world's last great untapped center for natural resources. Where is the U.S.?
Most Asian markets rose this week as investor confidence was boosted by expectations of stimulus measures from central banks globally to regain the economic growth momentum.
Hopes that emerging markets will lead the world out of the global economic slowdown are beginning to dim.Christine Lagarde, managing director of the International Monetary Fund (IMF), voiced her concerns over the strength of the global economy, emphasizing that emerging markets, which currently account for two-thirds of global growth, were showing signs of weakening.
Amazon got into the hardware game in 2007 with its popular e-book reader, the Kindle. Five years, three Kindle generations and a tablet later, the world's largest online retailer is reportedly building its first-ever smartphone to compete with Apple's iPhone and Google's Android platform.
The smartphone phenomenon has found its latest suitor in Amazon. Following the footsteps of Apple, mobile handset manufacturers, including giants such as Nokia, Samsung and HTC, forayed into the high technology market and witnessed significant change of fortunes. Now, the segment has attracted a new contender with Amazon's reported entry into the market.
Non-farm payrolls rose by a paltry 80,000 in June, while the unemployment rate remained stuck at 8.2 percent as the labor participation rate was unchanged at 63.8, the Labor Department said Friday. Economists polled by Thomson Reuters had called for a total gain of 90,000 jobs.
The European summit may have increased investor confidence, but weak consumer spending across Europe, along with the rise of the dollar against the euro, is slowing down the global economy, pushing many companies to trim their earnings forecasts.
Government subsidies for sugar farmers are facing fresh opposition, despite the farmers' successful efforts to defeat a recent bid to eliminate the subsidies that opponents argue endangers public health, reduces employment and costs consumers and businesses billions of dollars.
Volkswagen AG (Frankfurt: VOW) will complete its long-sought purchase of Porsche Automobil Holding SE (Frankfurt: PAH3), following years of on-again, off-again courtship between the two companies.
U.S. 30-year fixed-rate mortgages fell to a record low of 3.62 percent, its 10th such weekly record low in the last 11 weeks, following weak economic data, mortgage financier Freddie Mac said Thursday.
The Institute for Supply Management said its services sector index, which covers about 90 percent of the economy, dropped to 52.1 in June from the prior month's 53.7, to mark the worst reading since January 2010.
Planned layoffs fell to a 13-month low in June as U.S. employers announced 37,551 job cuts, a 39 percent reduction from May, according to a report from consultants Challenger, Gray & Christmas Inc.
U.S. private employment rose by 176,000 from May to June, on a seasonally adjusted basis, according to an ADP report issued Thursday.
