Novartis to cut nearly 2,000 U.S. jobs

The Swiss drugmaker Novartis is cutting nearly 2,000 jobs in the United States, anticipating the impending loss of patent protection on its blockbuster drug […]

Eurasia Group names top risks for 2012

Much has been made of the grave risks the world faces in 2012. The Euro seems bound to collapse. China’s overheated real estate market […]

Court gives new life to Busch suit

ST. LOUIS • The wrongful death lawsuit against former beer baron August Busch IV was given new life on Tuesday when a Missouri appeals court […]

Greece: Govt will cut spending but no new taxes

Greece will cut spending further but it won’t impose new taxes, its finance minister said Monday, adding that talks with international debt inspectors on a […]

UN warns of possible new recession

The United Nations has sharply cut its economic projections for global growth and says that the world is at risk for a new recession.
The U.N.’s […]

RIM shares shoot up on plans to open network services to iPhones, Android

TORONTO

Fired CEO of embattled Olympus returns to Japan

Former Olympus Corp. Chief Executive Michael Woodford returned to Japan Wednesday for the first time since his firing last month triggered one of the biggest […]

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 […]

Clinton meets Thai flood victims

U.S. Secretary of State Hillary Rodham Clinton has met with Thai flood victims at an evacuation center after announcing a $10 million aid package.
Hillary spent […]

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 […]