Tesla uses stock, note sale to repay government
DETROIT (AP) -- Tesla Motors, which makes a highly acclaimed $70,000 electric car, has paid off a startup loan from the U.S. government nine years early....
FDA panel backs experimental Merck insomnia drug
WASHINGTON (AP) -- A federal panel of medical experts said that an experimental insomnia drug from Merck & Co. Inc. appears safe and effective, despite evidence from company trials that the pill can cause daytime sleepiness and difficulty driving....
Penney secures $2.25B loan as it seeks turnaround
NEW YORK (AP) -- J.C. Penney Co. said Wednesday it has secured a $2.25 billion loan, $500 million more than it had expected, as it tries to stop a collapse in its sales....
