Japan GDP shrinks 1.3 pc in April-June quarter

Japan’s economy contracted in the April-June quarter, due to the lingering impact from March’s massive earthquake and tsunami that damaged large parts of the country’s […]

U.S. drops effort against Forest exec

U.S. regulators dropped a bid to have Forest Laboratories Inc.’s top executive banned from doing business with federal health care programs, company officials said.
U.S. Department […]

Wall Street plunge could worsen economy’s troubles

The two-week plunge in stock prices is signaling economic anxiety, but it’s also compounding the problem: Lower stock prices are shrinking Americans’ wealth, rattling their […]

New touchscreen BlackBerrys being launched

Research In Motion Ltd. on Wednesday unveiled five new BlackBerry phones with touchscreens, as it hopes to revive the line’s dwindling appeal in the face […]

Maple Leaf adopts poison pill plan

Maple Leaf Foods Inc. saw profits skyrocket in the second quarter, despite rising prices for raw materials.
Maple Leaf Foods Inc. saw profits skyrocket in […]

Sanofi-Aventis 2nd quarter earnings drop

Sanofi saw its earnings slump 41 percent in the second quarter from a year earlier as growing competition from generic alternatives ate into sales of […]

Express Scripts buying Medco for $29.1B

The top two U.S. companies managing prescription drug benefits are uniting in a $29.1 billion deal they say will help achieve key goals of the […]

Ottawa won

Ottawa will not move to block Nortel Networks Corp.

Bayer pays $750M to settle rice contamination case

German conglomerate Bayer CropScience agreed Friday to pay $750 million to settle several lawsuits with U.S. farmers who claimed a strain of the company’s unapproved […]

Bahrain Shiite bloc asks: Join or snub talks?

Just days before Bahrain’s Sunni rulers hope to open talks with the Shiite opposition they crushed, the country’s most powerful pro-reform bloc is asking supporters […]