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Business News
US productivity up 3.3 percent in spring, labor costs fall
WASHINGTON (AP) -- U.S. productivity in the spring rose at the fastest pace since late 2013, while labor costs declined....
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Q&A: What are the signs of a 'bear market' for stocks
The stock market's sharp downturn in recent weeks has pulled the three major stocks indexes into what is known as a "correction." But when does a market correction effectively end a bull market and usher in a full-blown bear market?...
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Toy maker Lego sees strong growth, profit in all regions
HELSINKI (AP) -- Lego says its popular multi-colored toy blocks were in strong demand around the world in the first half of the year, boosting its earnings and the outlook for the full year....
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Volkswagen CEO Winterkorn to have contract extended to 2018
BERLIN (AP) -- Top directors at German carmaker Volkswagen plan to give a two-year contract extension to CEO Martin Winterkorn, who emerged on top of a power struggle this year with company patriarch Ferdinand Piech....
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Novartis, Amgen partner on Alzheimer's, migraine treatment
GENEVA (AP) -- Swiss drug maker Novartis says it will cooperate with California-based biotech giant Amgen to develop and sell neuroscience treatments for illnesses and ailments like Alzheimer's disease and migraine headaches....
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