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Merck, Eli Lilly Probed for Alleged Drug over Pricing

Drug makers Merck & Co, Valeant Pharmaceuticals International, and Eli Lilly & Co are being investigated by The Justice Department for alleged over pricing.

Nov 08, 2015 7:34 AM EST


China and India gaining $3T from consumer electronics

China and India are leading the consumer electronics market's almost $3 trillion increase from 2015 to 2020 due to its massive population, according to Future Market Insights' report Thursday.

Nov 08, 2015 6:34 AM EST


Strong Payrolls Raise Retailer Expectations for the Strongest Sales Season

As US job growth soars accompanied by strong payrolls increase, retailers are more hopeful as they approach the strongest sales season. Higher wages means consumers will spend more.

Nov 08, 2015 6:07 AM EST


Strong U.S. Jobs Report Increase Possibility for Fed Rate Hike December

US job growth surged with 271,000 more jobs and unemployment rate dropped 5.0 percent increasing the possibility of the Fed rate hike in December.

Nov 08, 2015 5:49 AM EST


Increased Marijuana Tax Will Shoulder College Education

Marijuana tax will pay for the college scholarships of high school graduates in Pueblo County, Colorado by 2017.

Nov 08, 2015 4:56 AM EST


Facebook Revenue Soars and Shares Rise to All Time High in Q3

Facebook announced their successful result in Q3 of higher revenue than expected. The result also raise its share to all time high.

Nov 07, 2015 6:27 AM EST


Shanshui Cement says it can't repay onshore debt

China Shanshui Cement expresses uncertainty in paying its onshore debt during its stock exchange filing due to its present cash position and its inability to raise enough funds.

Nov 07, 2015 5:32 AM EST


Uber Expected To Roll Out A Huge Expansion In China

Uber is planning to expand itself in around China's dozens of cities along with billions of investment in a country all of this happening within a year.

Nov 07, 2015 4:45 AM EST


Sweden industrial orders increased 32.8%

Sweden experiences industrial boom as orders increased by a whopping 32.8 percent in September due to very large orders on the export markets for transport equipment.

Nov 07, 2015 2:28 AM EST


AstraZeneca to buy ZS Pharma for $2.7 billion, Create cure for deadly blood disease

AstraZeneca has agreed to buy ZS Pharma for $2.7 billion in cash, hoping to come up with a drug to treat deadly blood disease.

Nov 07, 2015 1:25 AM EST


Facebook still has 1.55 billion users even without third-party apps users

Facebook reported having 1.55 billion users, even without counting the user accounts in other third-party apps connected to the popular social media platform.

Nov 07, 2015 1:07 AM EST


Potential Walgreens and Rite Aid Merger Could Lead to Unemployment

Many fear that giant drugstore company Walgreen's $17.2 billion acquisition of the East Pennsboro-based Rite Aid could mean more unemployment.

Nov 06, 2015 11:03 PM EST