U.S. cancer drug company Medivation is discussing opening its books to Sanofi, people familiar with the matter said on Tuesday. » Read More
HOUSTON-- Noble Energy says that Hurricane Isaac hurt its production, but its activity in the Gulf of Mexico is back to levels from before the storm. Based on this, Noble Energy Inc. now anticipates its quarterly volumes will be at the low end of its prior forecast for a range of 242 to 250 million barrels of oil equivalent per day.
The Supreme Court struggled with all types of questions Monday as it tried to figure out what kind of floating structures fall under maritime law, a question that could have a profound impact on popular businesses like floating casinos, hotels and restaurants.
WASHINGTON-- The Washington Post Co. is getting into the health care business with the purchase of a majority stake in Celtic Healthcare Inc., a provider of home health care and hospice services. Mars, Pa.- based Celtic provides home health care and hospice services in Pennsylvania and Maryland.
TEHRAN, Iran-- For weeks, a manifesto complaining about Iran's stumbling economy circulated in secret among factories and workshops.
NEW YORK-- Marriott International Inc. should shed some light on the health of the hotel sector when it reports earnings for the third quarter after the market closes on Wednesday. Three months ago, Marriott said it could boost earnings this year through higher bookings and rates despite slowing growth overseas.
NEW YORK-- Shares of Goldman Sachs Monday after an article posted on the website of Barron's magazine predicted that the investment bank's stock could climb at least 25 percent over the next year. Barron's said that Goldman Sachs Group Inc. came away from the 2008 financial crisis better than any of its rivals.
The Denver- based company said Molson Coors Europe will combine its U.K. and Ireland business with its recently acquired businesses in Central Europe. StarBev makes Bergenbier, Ozusko and Borsodi beers and runs nine breweries, selling brands in in the Czech Republic, Serbia, Croatia, Romania, Bulgaria, Hungary, Montenegro, Bosnia-Herzegovina and Slovakia.
OMAHA, Neb.-- Shares of Gordmans Stores slid more than 24 percent on Monday, its biggest ever one-day drop, as the clothing and home decor company lowered its third and fourth-quarter financial forecasts because of a sales slowdown. Gordmans said Monday that its revenue at stores open at least a year fell 2.1 percent for the third quarter through Sept. 29.
The report raised questions in Sweden about Ikea's commitment to gender equality, and the company released a statement expressing "regret" over the issue. "We should have reacted and realized that excluding women from the Saudi Arabian version of the catalog is in conflict with the IKEA Group values," the company said.
DETROIT-- Workers rejected a judge's "ridiculous" order Monday to end a strike protesting job cuts at the Detroit regional water department, a union lawyer said. Union attorney George Washington called federal Judge Sean Cox's injunction "outrageous" and said he would file a motion to dissolve it.
RICHMOND, Va.-- Several environmental groups say Dominion Virginia Power needs to do more to increase the use of renewable energy like solar and wind power. Dominion Virginia is a unit of Dominion Resources Inc..
LEADER DIES: James E. Burke, who as CEO steered Johnson& Johnson through the Tylenol poisonings that led to the first tamper-resistant packaging, died at 87 after a long illness.
The governor says he will announce a major milestone in the process of making sure Hawaii residents have access to good healthcare and insurance. Hawaii is among the states that bet correctly that the U.S. Supreme Court would uphold Obama's law. Census data from 2010 show 7.7 percent of Hawaii residents are without health insurance.
The economy's painfully slow recovery and soaring deficits will be major topics in Denver at Wednesday's first presidential debate, to focus on domestic issues. When fiscal 2012 ended at midnight Sunday, the outgoing 12- month yearly deficit was again $1.3 trillion _ the fourth consecutive year it has exceeded $1 trillion.
LOS ANGELES-- "Family Guy" creator Seth MacFarlane will host the 2013 Oscars ceremony in Los Angeles. First-time Academy Awards producers Craig Zadan and Neil Meron made the announcement Monday. He made his big-screen directorial debut earlier this year with "Ted," which took in more than $420 million at the box office.
FACTORY REBOUND: U.S. manufacturing grew for the first time in four months, buoyed by a jump in new orders and more jobs. The Institute for Supply Management, a trade group of purchasing managers, said Monday that its index of factory activity rose to 51.5, up from 49.6 in August.
PARIS-- There's going to be a one-hour hole in the normally tight Paris Fashion Week calendar, after representatives of label Hakaan said its entire collection had been lost. The whole collection is lost, "said Karen Nitsche of Karlaotto." Last November, Marc Jacobs canceled a London press preview after his collection was stolen during its transfer from Paris.
Manufacturing grew in September for the first time in four months, according to the Institute for Supply Management. The Commerce Department said Monday that builders spent more money to construct homes in August. The dollar fell to 0.9383 Swiss franc from 0.9404 Swiss franc and to 98.22 Canadian cents from 98.34 Canadian cents.
NEW YORK-- Workday Inc. said Monday it expects shares of its planned initial public stock offering to price at $21 to $24 each, valuing the company at about $3.61 billion.