Canada’s economy continues to shrink
Canadaa TMs economy shrank in April for the ninth consecutive month as the country slipped further into recession.
BioSante to buy Cell Genesys for $38M in stock
BioSante Pharmaceuticals Inc. will buy troubled South San Francisco business Cell Genesys Inc.
AIG shareholders’ meeting is relatively calm affair as CEO Liddy outlines repayment plans
American International Group Inc.’s annual shareholder meeting ended without drama Tuesday after a handful of shareholders voiced disappointment over the embattled insurer’s near-collapse last fall.
FDA considers change to Tylenol dosages
A government advisory panel began voting Tuesday on recommendations for reducing the risk of serious liver injury associated with acetaminophen, found in over-the-counter drugs such as Tylenol and NyQuil.
‘Goodbye and good riddance’ AIG directors!
AIG shareholders, a.k.a. U.S. taxpayers, on Tuesday ousted the majority of the leadership who oversaw one of the biggest corporate unravelings in American history.
‘Goodbye and good riddance’ AIG directors!
AIG shareholders, a.k.a. U.S. taxpayers, on Tuesday ousted the majority of the leadership who oversaw one of the biggest corporate unravelings in American history.
GM chief: ‘Business is doing better’
The head of General Motors, seeking swift approval of a plan to leave the automaker’s debt behind, told a bankruptcy court Tuesday that the company’s June sales are stronger than expected — in part because the bankruptcy process is going swiftly.
Psst! Wanna own a bit of a failed bank?
When New Frontier Bank failed in April, regulators failed to find a buyer, forcing the FDIC to absorb the roughly $2 billion in assets that were once owned by the Colorado-based lender.
U.N. Backs Ousted Honduran Leader
The United Nations marshaled an unusually broad effort on Tuesday to condemn the military seizure of power in Honduras, turning over the podium of the General Assembly to Manuel Zelaya.
Iran Moves to Preclude Further Public Defiance
As security forces filled the streets, the government made a series of moves to close the book on weeks of protest.
Beijing Delays Rule on Software Censor
A new rule requiring manufacturers to install Internet filtering software on new computers was delayed.