Onyx Pharmaceuticals Inc.’s experimental drug carfilzomib shrank the tumors of one-third of study patients with multiple myeloma, a deadly blood cancer. The company’s shares surged the most in four months in New York trading.
Republic Airways Holdings Inc. said its Frontier Airlines business may begin operating as a separate company in six to 12 months, without specifying whether that would happen through a sale or a spinoff.
Former Countrywide Financial Corp. Chief Executive Officer Angelo Mozilo and ex-Chief Operating Officer David Sambol agreed to $6.5 million settlement to resolve a predatory lending lawsuit filed by California.
From the high-finance suspense of “Arbitrage,” which Lionsgate and Roadside Attractions reportedly purchased for $2.5 million, to a slew of angry, man- the-ramparts documentaries, some of the Sundance Film Festival’s most buzz-worthy films tapped into the country’s financial stress and social unrest.
Jackie Siegel, the busty, Botoxed trophy wife who steals Lauren Greenfield’s irresistible documentary “The Queen of Versailles,” recalls a family vacation taken after her billionaire husband’s time-share empire went south.
Business leaders, who generally didn’t support President Barack Obama’s policies in the past four years or his re-election bid, weren’t in a more-gracious mood after the results were in. Today’s decline in the U.S. stock markets, the biggest since June, didn’t help.