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Healthcare Headlines |
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WSJ.com: US Business
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Investors Pummel Facebook
Facebook shares skidded on their second day on the stock market, leaving some investors in the red and raising questions about whether the company and its lead banker, Morgan Stanley, botched the deal.
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Globalization Spurs Steel Mill
By copying practices at a modern Belgian mill, U.S. workers are learning to make the same amount of steel with nearly half the people employed three decades ago.
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Alibaba Regains Control
Alibaba's deal to buy back part of Yahoo's stake gives the Chinese company the control it seeks to grapple with mounting domestic competition and logistical challenges in e-commerce.
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U.K. Bookseller Welcomes Kindle
In a risky but strategic move, British book retailer Waterstones will sell Amazon Kindle e-readers in its stores in the U.K.
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Bayer-J&J Heart Drug Gains More Support
An FDA medical reviewer recommended the agency expand the approval of Johnson & Johnson's and Bayer's anticlotting drug Xarelto.
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Rivals Strike $11.8 Billion Merger
Eaton agreed to buy electrical-equipment supplier Cooper Industries in an $11.8 billion cash-and-stock deal that would significantly expand Eaton's power management business.
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Icahn to Replace Rest of Incumbent CVR Directors
Billionaire investor Carl Icahn will replace the last two incumbent directors on CVR Energy's board with his own nominees after winning added support from the petroleum-refining company's shareholders.
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Best Buy Hires Recruiter for CEO Search
Best Buy Co. hired recruiting firm Spencer Stuart to run its search for a new chief executive, citing the firm's experience with retail and digital companies.
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Kodak Patent Tossed by Judge
Kodak suffered a setback in a patent suit against Apple and BlackBerry maker RIM, dealing a blow to the one-time film giant's efforts to raise billions of dollars by selling off its intellectual property.
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Simon Property CEO Pay Rejected
Shareholders in Simon Property rejected an eight-year compensation package awarded to Chief Executive David Simon, which included an annual base salary of $1.25 million and stock awards valued at $132 million over the eight-year term.
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