Italy raises $14 billion at much lower cost

Italy saw investors more willing to part with their cash Wednesday as it raised euro10.7 billion ($14 billion) in a pair of auctions, a sign […]

Amgen says CEO Kevin Sharer will retire in 2012

Amgen Inc., the world’s largest biotech drugmaker, says Chairman and CEO Kevin Sharer will retire in 2012 and will be replaced by President and Chief […]

ECB could cut benchmark rate

The European Central Bank could step up its efforts against Europe’s debt crisis by cutting interest rates on Thursday for the second time in five […]

Panera Bread to settle California wage lawsuits for $5 million

Panera Bread Co. disclosed Monday in a regulatory filing it has agreed to pay $5 million to settle class-action suits filed by former employees who […]

Retail sales increased 0.5 percent in October

Americans spent more on autos, electronics and building supplies in October, pushing retail sales up for a fifth straight month.
The Commerce Department says retail sales […]

‘Super Mario’ tapped to cure Italy’s economic ills

The man tapped to be Italy’s next premier earned the moniker “Super Mario” in the halls of the European Commission, stopping such corporate giants as […]

Yemen: 6 al-Qaida-linked militants killed in south

A Yemeni official says security forces have killed six militants and injured many others in fighting in the city of Zinjibar, the capital of the […]

New effort to reduce drug shortages a small step

Unprecedented drug shortages are threatening the lives of cancer patients and other seriously ill people, and the Obama administration’s plan to tackle them is but […]

Thai PM hopeful floods will spare most of Bangkok

Thailand’s prime minister expressed optimism Sunday that the country’s worst flooding in a half-century would mostly spare Bangkok, as some dikes overflowed but the capital’s […]

Novartis plans 2,000 jobs cuts despite profit rise

Swiss pharmaceutical giant Novartis AG said Tuesday it will cut 2,000 jobs as drug prices come under pressure from governments seeking to reduce health care […]