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Business News
Actavis buying Warner Chilcott in $8.5B deal
NEW YORK (AP) -- Actavis is buying Warner Chilcott in an all-stock deal valued at about $8.5 billion that would create the third-biggest specialty pharmaceutical company in the U.S. market....
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FDA has safety concerns on Merck insomnia drug
WASHINGTON (AP) -- Federal health regulators say an experimental insomnia drug from Merck can help patients fall asleep, but it also carries worrisome side effects, including daytime drowsiness and suicidal thinking....
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Chesapeake names Anadarko executive as new CEO
OKLAHOMA CITY (AP) -- Chesapeake Energy has named Anadarko Petroleum executive Robert Douglas Lawler as its new CEO....
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Economists predict increase in consumer spending
WASHINGTON (AP) -- Consumer spending is likely to pick up this year, while government spending declines at a faster rate, according to a survey of business economists....
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Ryanair keeps growing, reports record profits
DUBLIN (AP) -- Ryanair reported record profits Monday as Europe's largest budget airline relentlessly expanded its route network across the continent and into North Africa....
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