Cancer drugs give Roche a 2012 profit boost
01/30/2013 1:25am
Growing demand for its cancer medicines and diagnostic tests used by clinical laboratories helped Swiss drug maker Roche Holding AG post a modest 2.4 percent increase in full-year profits.
Sweden's Nordea overcomes loan losses in 2012
01/30/2013 2:11am
Banking group Nordea AB says it posted record profits in 2012 as a combination of cost-cutting measures and a larger customer base more than offset bigger loan losses.
The 4 new voting members on Fed's policy committee
01/30/2013 5:06am
The presidents of four regional Federal Reserve banks gained votes on the Fed's main policymaking group this week for the first meeting of 2013.
EU turns down UPS acquisition of TNT
01/30/2013 5:07am
The European Union's antitrust chief on Wednesday rejected a $6.9 billion deal for UPS to acquire Dutch delivery company TNT Express and said he was surprised the U.S. group jettisoned the venture when there was still hope for a solution.
Kinder Morgan Energy buying Copano for $3.2B
01/30/2013 5:12am
Kinder Morgan Energy Partners will acquire the natural gas company Copano Energy LLC for about $3.2 billion in stock, giving the energy transportation and storage company more access to oil and gas-rich territory in Texas, Wyoming and Oklahoma.
Fed's new voting lineup won't likely alter policy
01/30/2013 5:23am
The cast of voting members on the Federal Reserve's policy committee is changing this year. Their policies probably won't be.
Israel central bank chief quits to be with family
01/30/2013 5:51am
The governor of Israel's central bank says he's stepping down to be closer to his family in the United States.
German beer drinking hits post-reunification low
01/30/2013 7:50am
Germans are emptying fewer beer steins these days.
Japan canceling $3.58 billion in Myanmar debt
01/30/2013 8:55am
Japan says it is canceling 326.3 billion yen ($3.58 billion) in debt owed by Myanmar to encourage reforms.
Toyota recalls 1.29M vehicles for air bags, wipers
01/30/2013 10:18am
Toyota is recalling over one million cars around the world for faulty air bags and defective windshield wipers.
As America ages, senior care options flourish
01/30/2013 10:48am
Millions of families are beginning to grapple with the one major health expense for which most Americans are not insured: long-term care.
Chrysler's plan for new cars and trucks
01/30/2013 11:07am
An Alfa Romeo sports car and a Jeep Grand Cherokee update are two of the splashier models Chrysler plans to roll out by 2015. The No. 3 U.S. automaker unveiled its list of upcoming cars and truck on Wednesday. Others include:
News Summary: Now civil trial for BP oil spill
01/30/2013 11:21am
BEING CIVIL: After a $4 billion plea deal resolved BP's criminal liability for the massive Gulf of Mexico oil spill, the company faces a trial that could cost it billions of dollars more in civil penalties.
Summary Box: 3 senior care options
01/30/2013 11:43am
As the nation's population grays, seniors are looking for ways to stay active and independent as they get older. Here are some options and their prices:
Greece eyes accounts of suspected tax evaders
01/30/2013 12:40pm
The Greek government wants to give tax authorities the power to empty the bank accounts of accused tax evaders, even if they have not been convicted.
Chrysler now a rising star among automakers
01/30/2013 12:41pm
In just three years, Chrysler has gone from government ward to rising star.
Time Inc. cuts 500 people, 6 pct of workforce
01/30/2013 1:09pm
Time Inc., the magazine unit of Time Warner Inc., says it is cutting 6 percent of its global staff of 8,000, or about 500 people.
Dutch court rejects most of Shell spill case
01/30/2013 1:15pm
A Dutch court has ruled that a subsidiary of international oil giant Royal Dutch Shell should be held responsible for a pipeline leak poisoning farmland in Nigeria, as it had failed to take adequate measures to prevent sabotage.
GM to invest $200M in Pontiac powertrain center
01/30/2013 1:20pm
General Motors will add a wing to its engine and transmission development headquarters in Pontiac, Mich., with hopes of getting new technology into cars and trucks much faster.
News Summary: BlackRock takes stake in ManUnited
01/30/2013 3:32pm
NEW OWNER: The investment firm BlackRock said it has taken an 8 percent stake in the publicly traded shares of Manchester United.
Corvette high-performance engines moving to Ky.
01/30/2013 4:37pm
General Motors will rev up engine production at the Kentucky plant that assembles Corvettes.
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