WASHINGTON -(Dow Jones)- A US appeals court Wednesday upheld a lower court ruling that protected Procter & Gamble Co.’s (PG) patent rights to osteoporosis drug Actonel, which were under attack from generic competitor Teva Pharmaceuticals Industries …
Transportation Secretary Ray LaHood told members of the Association for a Better New York Wednesday it would not pursue a Bush Administration plan to auction up to 10 percent of takeoff and landing slots at John F. Kennedy International, Newark Liberty ..
NEW YORK -(Dow Jones)- Liz Claiborne’s (LIZ) future is being questioned after the fashion retailer posted a sharply wider first-quarter loss and sees a similar performance for the current quarter as the company is stymied by a lack of customers, …
By Timothy Gardner NEW YORK (Reuters) – US electricity generators support compromises being reached by Democrats in the House of Representatives on proposed climate legislation, saying the changes would soften the impact on power bills.
By Kate Haywood Of DOW JONES NEWSWIRES MGM Mirage (MGM), the casino company controlled by billionaire investor Kirk Kerkorian, plans to raise $1.5 billion in the junk bond market Wednesday as it takes advantage of increased investor appetite for …
Treasury chief Geithner says new regulatory structure needs to be ‘cleaner’ and consolidated – says administration will unveil legislation within weeks.
By Roger Cheng Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)–Fairpoint Communications Inc.’s (FRP) current struggles may portend tough times ahead for Frontier Communications Corp.
By Courtney Schlisserman May 13 (Bloomberg) — Retail sales in the US unexpectedly dropped in April for a second month, indicating that rising unemployment is prompting consumers to conserve cash.
(The following item was written by BusinessWeek’s Los Angeles Bureau Chief Ron Grover. Thanks, Ron.) It’s the hottest topic on two coasts.
By Haitham Haddadin NEW YORK (Reuters) – US crude oil stocks fell unexpectedly last week, their first drop in 10 weeks, as imports decreased, the federal Energy Information Administration said in weekly data released Wednesday.