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July 27th, 2014
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Archive: News / Biz / Business & Finance (16 Stories)

Peugeot Citroen warns on alliance with GM

10/23/2013 3:40am
PSA Peugeot Citroen warned Wednesday that its headline alliance with U.S. carmaker General Motors may produce smaller savings than originally forecast, even as it posted lower third quarter revenue.

American Realty to buy Cole in $7B deal

10/23/2013 5:55am
American Realty Capital is buying rival Cole Real Estate for more than $7 billion in cash and stock.

Boeing to speed up 787 production

10/23/2013 6:22am
Boeing says it will speed up production of its new 787 as it tries to catch up on a huge backlog of orders for the plane.

Suzuki recalling 210,228 motorcycles in the US

10/23/2013 6:36am
Suzuki is recalling 210,228 motorcycles in the U.S. because the front brakes might not work properly.

GSK sales in China tumble amid bribery probe

10/23/2013 6:40am
GlaxoSmithKline says its sales of drugs and vaccines in China tumbled in the third quarter as it was hit by bribery investigations there.

Nissan recalls over 188,000 SUVs to fix brakes

10/23/2013 8:26am
Nissan Motor Co. is recalling more than 188,000 Nissan and Infiniti SUVs worldwide to fix faulty brake control software that could increase the risk of a crash.

FedEx expects increase in holiday deliveries

10/23/2013 8:39am
FedEx expects that holiday shoppers will be more nice than naughty this year, with shipments rising from 2012.

Report: McKesson to offer $5.4B for rival Celesio

10/23/2013 9:38am
McKesson Corp., North America's oldest and biggest pharmaceutical distributor, reportedly will make a $5.39 billion offer for Stuttgart, Germany-based competitor Celesio AG.

FDA issues positive review for Gilead's hep C drug

10/23/2013 10:20am
The Food and Drug Administration issued a positive review Wednesday for a highly anticipated hepatitis C drug from Gilead Sciences, saying the pill cures more patients in less time than currently available treatments.

Starbucks to open 'tea bar' in New York City

10/23/2013 11:40am
Starbucks is trying to make tea trendy, with plans to open its first "tea bar" in New York City.

Omnicare agrees to settle kickback case for $120M

10/23/2013 12:09pm
Omnicare Inc., the nation's biggest dispenser of prescription drugs in nursing homes, said Wednesday it will pay $120 million to settle a whistle-blower lawsuit accusing the Cincinnati-based company of giving kickbacks to facilities in return for more patient referrals.

Buffett says he passed on buying Washington Post

10/23/2013 12:47pm
Investor Warren Buffett says he didn't buy the Washington Post because he didn't want it to be a burden on his company or family.

Crowdfunding to take a leap by seeking investors

10/23/2013 1:21pm
Crowdfunding is about to go big time.

Ford, Toyota fight over who has top-selling car

10/23/2013 1:59pm
A name makes all the difference in the fight between Ford and Toyota over who has the top-selling car in the world.

US Airways net income dips on higher taxes

10/23/2013 2:07pm
Higher taxes reduced US Airways' third-quarter profit, but the airline still beat Wall Street expectations on a combination of more traffic and higher average fares.
 
   
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