U.S. stocks fell, led by biotechnology companies amid concern about government scrutiny of drug prices, after the Standard & Poor’s 500 Index rose to a record earlier on optimism about the economy.
Gilead Sciences Inc. is being asked by U.S. House Democrats to explain how the company set its $84,000 price for hepatitis C treatment Sovaldi.
Hell is a city much like London, as the poet Shelley famously claimed.
Time Warner Inc. said Chief Financial Officer John Martin will take over as head of its Turner Broadcasting unit, assuming command over cable networks CNN, TNT and TBS.
Time Warner Inc., the media company that owns HBO and the Warner Bros. film studio, surpassed fourth-quarter profit estimates and made the biggest increase to its stock-buyback fund in seven years.
Shipments of clothing, auto parts and frozen food risk being gridlocked at U.S. ports from Maine to Texas as about 15,000 dock workers prepare to strike.
The exchange of evidence in the government’s forfeiture lawsuit against SAC Capital Advisors LP was delayed by a judge until Jan. 6 while the U.S. pursues insider trading prosecutions tied to the hedge fund.
A Tracey Emin bed sold last night in London for $778,900, a record for the artist.
Time Warner Inc., owner of cable networks CNN, HBO and TNT, named Howard Averill its chief financial officer, plucking him from the publishing division it’s spinning off.
Cove Energy Plc, the London-based oil and gas explorer that’s put itself up for sale, is receiving interest from national and international oil companies, Standard Chartered Bank said.
"We're looking for acquisitions in areas where we've got really good businesses doing well and where we can get appropriate synergies."
- John Martin on Oct 01, 2013