More Business Articles

  • After an early slide, US stocks end mostly higher

    Updated: Thu, Oct 16, 2014

    U.S. stocks are ending mostly higher after recovering from an early plunge. Energy companies rose the most after the price of crude oil turned higher. The Dow Jones industrial average edged down 24 points, or 0.2 percent, to 16,117 Thursday. It was down as much as 206 points in early...

  • FDA panel votes to keep boxed warning on Chantix

    Updated: Thu, Oct 16, 2014

    WASHINGTON (AP) — Federal health advisers say a bold-letter warning about suicide risks with Pfizer's Chantix should remain on the anti-smoking drug until it can reevaluated based on new, rigorous study information. Eleven advisers to the Food and Drug Administration voted to retain...

  • Review: Macs, mobile unite with Yosemite system

    Updated: Thu, Oct 16, 2014

    CUPERTINO, Calif. (AP) — If you've upgraded your iPhone or iPad to iOS 8, the new software update for Mac computers will seem familiar. The Yosemite update to Apple's OS X system, available as a free download starting Thursday, adds several features to bring the Mac in line with last...

  • Eli Lilly will close, sell a Puerto Rico facility

    Updated: Thu, Oct 16, 2014

    NEW YORK (AP) — Eli Lilly said Thursday that it will close one of its three manufacturing facilities in Puerto Rico at the end of 2015. The Indianapolis company said it is closing its Guayama facility because the patents on some of the drugs made there have expired. That means new...

  • APPLE LIVE: iPad Air 2, Apple Pay, new Macs debut

    Updated: Thu, Oct 16, 2014

    CUPERTINO, Calif. (AP) — Apple unveiled a thinner iPad Thursday with a faster processor and a better camera as it tries to drive excitement for tablets amid slowing demand. The iPad Air 2, at 6.1 millimeters "thin," also adds many of the features previously available on iPhones. That...

  • Falling oil prices shake up global economies

    Updated: Thu, Oct 16, 2014

    NEW YORK (AP) — A sudden plunge in the price of oil is sending economic and political shockwaves around the world. Oil exporting countries are bracing for potentially crippling budget shortfalls and importing nations are benefiting from the lowest prices in four years. The global...

  • UnitedHealth tops 3Q expectations, raises forecast

    Updated: Thu, Oct 16, 2014

    UnitedHealth Group's third-quarter earnings inched up 2 percent but that was enough to help the nation's largest health insurer trump Wall Street expectations and raise its 2014 forecast for the first time this year. The Minneapolis-based insurer said Thursday that health care use...

  • Detroit gives arena land to creditor in bankruptcy

    Updated: Thu, Oct 16, 2014

    DETROIT (AP) — The city of Detroit, with financial help from the state, plans to demolish the home of the Detroit Red Wings and give the land to a creditor for development as part of a major settlement in the city's bankruptcy case, lawyers said Thursday. The deal was disclosed in...

  • Can health-care stock funds stay on top?

    Updated: Thu, Oct 16, 2014

    NEW YORK (AP) — When swings in the stock market cause anxiety to spike, like it is now, many investors aim to get healthy. Stocks don't come with guarantees, but health care stocks have held up better than others during past downturns. People get sick regardless of the economy's...

  • Darden returns former director Simon to board

    Updated: Thu, Oct 16, 2014

    NEW YORK (AP) — Darden Restaurants, the parent company of the Olive Garden, said Thursday that former Wal-Mart executive Bill Simon is returning to its board of directors. Simon was a company director for two years, but did not run for a new term in 2014. On Friday Darden shareholders...

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