ZURICH U.S. healthcare giant Johnson & Johnson (JNJ.N) will buy Swiss biotech company Actelion (ATLN.S) in a $30 billion all-cash deal that includes spinning off Actelion’s research and development pipeline, the companies said on Thursday.
FRANKFURT, Germany (AP) – Automaker Fiat Chrysler saw net profit jump to 1.81 billion euros ($1.92 billion) last year as a more profitable model mix and lower costs helped overcome a sales decline in North American markets.
… □ The Mar-a-Lago resort doubles its initiation fee – to $200,000 – leading to charges that the Trump Organization is cashing in on its founder’s power.
Harvard Management Company will lay off approximately half of its 230-person staff by the end of the calendar year in the genesis of a five-year overhaul of the world’s largest university endowment.
LONDON—The U.K. economy expanded steadily in the last three months of 2016, preliminary data showed, suggesting Britain was among the fastest-growing major economies, despite the drama of June’s Brexit vote.
Heinz ketchup maker Kraft Heinz and media mogul Oprah Winfrey said on Wednesday they would form a joint venture to develop a new line of food products in the United States.
Jan 25 (Reuters) – Qualcomm Inc reported a lower-than-expected 3.9 percent rise in quarterly revenue, at a time when the chipmaker is facing multiple legal challenges over its alleged “anticompetitive” tactics.
In the opening days of his presidency, Donald Trump has leaned heavily on what he believes is his strongest skill, and the secret to his success in both business and politics: negotiation.
President Trump has said he won’t do any new foreign deals while in the White House, but that won’t stop new Trump hotels from springing up across the United States.
American Airlines says it dropping seat-back screens from its in-flight entertainment on its 100 new Boeing 737 Max jets because most passengers carry their own screens.
Shares of Bob Evans Farms rose nearly 21% Wednesday after the operator of a 523-unit chain of family dining eateries in the nation’s heartland said it is splitting into two businesses.
DES MOINES – An investigation is ongoing on how a pipeline leaked 138,600 gallons of diesel fuel in Worth County early Wednesday morning, according to Magellan Midstream Partners L.P.
SACRAMENTO, Calif. (AP) – The McClatchy Co. on Wednesday named former Yahoo! and Earthlink executive Craig Forman as its new president and chief executive officer as the newspaper publishing giant struggles to make money in the digital age.
Uber continues to be the transportation service of choice for business travelers, making up 52 percent of all expenses in Q4, according to a study by Certify.
NEW YORK—Name the topic, AT&T’s chief likes what it sees from the new administration of Donald Trump. If only he knew how the new president will deal with AT&T’s biggest gamble – its $85 billion merger with Time Warner.
Spanish unemployment fell to a seven-year low in the fourth quarter in a boost for Prime Minister Mariano Rajoy, who has made job creation the centerpiece of his administration.
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