New data on the population of millionaires suggest little connection between tax rates and a state's population of millionaires.» Read More
DETROIT, Dec 5- Nearly 50 years after launching its affordable sports car, Ford Motor Co is unveiling a global redesign of the Mustang to try to burnish the U.S. automaker's image and spur sales of its more expensive models. The car will be shown in Dearborn, Michigan, Shanghai, Sydney, Barcelona, New York and Los Angeles.
NEW YORK, Dec 5- For lawyers preparing to sue over Sunday's deadly New York commuter rail accident, their success in court may depend largely on two factors: whether human error caused the derailment and if state or federal law governs railroad safety in the case.
Researchers at New York University and University of California, Berkeley analyzed 96 metropolitan areas across the United States to see how a lack of economic integration within cities affects people's economic fortunes.
NEW YORK-- Shares of Intuitive Surgical came under pressure Wednesday after a warning about a stalling problem that has affected a few of its robotic surgical systems. While the company disclosed the problem on Nov. 19, it was posted to the website of the Food and Drug Administration on Tuesday.
NEW YORK-- Shares of Intuitive Surgical fell Wednesday on a warning about a stalling problem that has affected a few of its robotic surgical systems. While the company disclosed the problem on Nov. 19, it was posted to the website of the Food and Drug Administration on Tuesday.
WASHINGTON, Dec 4- A U.S. appeals court on Wednesday closely questioned Google's claim that Oracle does not enjoy copyright protection over certain parts of the Java programming language.
*Investors unsure of timing for Fed's tapering. NEW YORK, Dec 4- U.S. stocks edged lower in choppy trading on Wednesday, with the S&P 500 falling for a fourth session in a row, as U.S. economic data sparked speculation on how soon before the Federal Reserve starts to wind down its stimulus program.
SAN FRANCISCO, Dec 4- Google Inc has quietly acquired more than a half-dozen companies for a new robotics groups led by Andy Rubin, formerly in charge of Google's popular mobile software, according to a report in the New York Times on Wednesday. A Google spokeswoman declined to comment.
NEW YORK, Dec 4- U.S. The market stabilized after the Institute for Supply Management's gauge on U.S. services industries fell more than expected in November, suggesting slower growth in that sector and reviving some bids for government bonds.
NEW YORK-- Shares of Ambit Biosciences tumbled Wednesday after the company said it won't file for accelerated approval of its leukemia drug quizartinib, and will run a late-stage clinical trial instead. The company has been meeting with the Food and Drug Administration to discuss quizartinib, a potential treatment for acute myeloid leukemia.
DETROIT, Dec 4- Mitsubishi Motors Corp has cut the price of its i-MiEV subcompact electric car in the United States by 20 percent for the 2014 model year, joining the parade of automakers who have lowered EV prices to boost demand.
WASHINGTON-- All 50 states and the District of Columbia have more lax financial disclosure rules for their high court justices than the disclosure requirements for federal judges, according to an analysis from a watchdog group.
LOS ANGELES-- Toys "R" Us has agreed to pay nearly $180,000 to settle a consumer protection lawsuit alleging that the retailer overcharged customers in Los Angeles and San Diego counties. Los Angeles County prosecutors said Tuesday that Toys "R" Us, Inc. agreed to the settlement without admitting liability.
WASHINGTON-- The D.C. Council voted unanimously Tuesday to increase the District of Columbia's minimum wage to $11.50 an hour, one of the nation's highest. Last month, suburban Montgomery and Prince George's counties in Maryland also approved raising their minimum wages to $11.50.
Shares of ChemoCentryx Inc. advanced Wednesday before markets opened and a day after the drug developer said it was encouraged by initial results from a mid-stage study of a potential autoimmune disease treatment.
Dec 4- Oculus Innovative Sciences Inc's shares more than doubled after the U.S. Food and Drug Administration approved the company's anti-scar treatment for raised and red scars resulting from burns, surgical procedures and trauma wounds. This is the eighth FDA approval for Microcyn-based products, Oculus CEO Jim Schutz said in a statement on Wednesday.
NEW YORK-- Shares of Herbalife climbed in premarket trading Wednesday and Janney Capital Markets increased its price target after a Belgian court of appeals overturned an earlier decision that found it was operating as a pyramid scheme.
PARIS, Dec 4- Online video company Netflix met with the French president's staff on Tuesday to discuss a possible launch of its streaming service in Europe's third-largest market, in what would be a blow to traditional television companies.
OmniVision, based in Santa Clara, Calif., expects to earn an adjusted 28 to 44 cents per share in the third quarter, with revenue coming in between $310 million to $340 million. Wall Street had been expecting a profit of of 43 cents per share on $399.5 million in revenue, according to FactSet.
LAS VEGAS-- Fire-breathers, contortionists, snake charmers and hunky dancers welcomed Britney Spears to the Planet Hollywood Resort& Casino on Tuesday afternoon in a staged event kicking off the pop icon's two-year Las Vegas residency. One block of the Strip was briefly shut down as the star pulled up to the casino in a convoy of black Cadillac Escalades.