A promising future in academia and business beckoned Majid Abbasi. His research on how welding affects the properties of steel earned him a doctorate from Brigham Young University and a job offer from the University of Alabama. He was also seeking to patent and commercialize a technique he’d invented to improve cleaning of contact lenses.
Novartis AG ’s Ciba Vision unit asked a U.K. appeals court to reverse a ruling in an infringement lawsuit against Johnson & Johnson that its European patent for extended-wear contact lenses is invalid.
The price of e-books and white rum sold in stores will help determine Britain’s inflation rate after the Office for National Statistics added them to the list of goods and services it monitors to gauge living costs.
The U.S. Securities and Exchange Commission may seek sanctions against two former State Street Corp. executives accused of misleading investors in a bond fund involved in a $313 million settlement with the agency.
Money manager Tim McCarthy has worked in the U.S., Russia and Switzerland, and has seen doctors in all three countries for Hashimoto disease, a condition in which his immune system attacks his thyroid. He has no doubt which health system is best.
Warburg Pincus LLC would reap about a threefold return on its $1.7 billion equity investment in Bausch & Lomb Inc. if talks to sell the eye-care company for $9 billion bear fruit, a person with knowledge of the matter said.