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Today's Business Headlines
The companies, which jointly sell several diabetes drugs, said on Wednesday the so-called SAVOR trial showed that patients on Onglyza had no fewer adverse cardiovascular events, such as heart attacks and strokes, than ...

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New CEO begins Alcatel makeover
June 19th, 2013, 6:11 am
PARIS (Reuters) - Telecom equipment maker Alcatel-Lucent will focus on its high-growth fixed and mobile products and slim down via 1 billion euro in cost cuts by 2015 in a bid to reverse years of losses. The new plan ...

CHICAGO (Reuters) - Shares of U.S. hospital operators have been on a tear this year, on average posting triple the gains of the broader stock market, as investors tallied up the benefits of President Barack Obama's ...

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SACRAMENTO, California (Reuters) - California state legislators on Tuesday told regulators and oil industry lobbyists they wanted more information about the use of acid to increase flows in wells in a technique that is ...

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On Tuesday, Cammeby's International Group, a privately held company headed by real-estate mogul Rubin Schron, offered to buy the building for cash from the Malkin family which controls the Empire State Building and ...

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Acer Chairman J.T. Wang made the comment to reporters at the firm's annual shareholder meeting. Early this month, Wang told Reuters in an interview that he expects up to 80 percent of Acer's products to have ...

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SEOUL (Reuters) - Asia's top companies have become more optimistic about their business outlook with the retail and shipping industries rebounding sharply in the second quarter of 2013, the latest Thomson ...

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Kodak said creditors agreed to backstop an offering that would let the Rochester, New York-based company issue 34 million common shares at $11.94 each, equal to about 85 percent of the equity of a reorganized ...

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LONDON (Reuters) - WikiLeaks founder Julian Assange says he will not leave the sanctuary of the Ecuadorean Embassy in London even if Sweden stops pursuing sexual assault claims against him because he fears arrest on ...

CHICAGO (Reuters) - A swine virus deadly to young pigs, one never before seen in North America, is spreading rapidly across the United States and proving harder to control than previously believed. The virus now has ...

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