U.S. cancer drug company Medivation is discussing opening its books to Sanofi, people familiar with the matter said on Tuesday. » Read More
TRENTON, N.J.-- New Jersey's second-largest public employee union has ratified a new contract that the Christie administration says reflects financial realities and budget constraints.
WASHINGTON-- American Express is paying $112 million in refunds and fines to settle regulators' accusations that it charged unlawful late fees and deceived customers to pressure them to pay off old debts or buy extra credit card services. American Express is refunding $85 million to about 250,000 customers and is paying $27.5 million in civil fines.
BOSTON-- The cost of a gallon of gasoline inched up by a penny in Massachusetts in the past week. AAA Southern New England reports Monday that self-serve, regular is now selling for an average of $3.84 per gallon. A year ago at this time the Massachusetts average price was $3.45.
Barrett, president and CEO of Community Newspaper Holdings Inc., in Montgomery, Ala., was elected during the group's meeting in Naples on Monday. The new treasurer is Gregg K. Jones, president and CEO of Jones Media in Greeneville, Tenn. He's co-publisher of The Greenville Sun.
SIOUX FALLS, S.D.-- South Dakota's state climatologist sees some hope for drought recovery next year, but not this fall. Drought Monitor map shows about 75 percent of South Dakota in severe, extreme or exceptional drought. "At this point, we won't catch up this fall," Dennis Todey told the Argus Leader newspaper. "
LONDON-- A high-ranking British detective has been charged with offering to brief the News of the World about the progress of a police investigation into phone hacking at the now-defunct tabloid _ one of the most serious allegations so far uncovered in the wide-ranging scandal.
PORTLAND, Ore.-- The AAA auto club reports the average price of a gallon of gasoline in Oregon is $3.99. That's up 2 cents in a week and down 3 cents from a month ago. Portland $3.96, Salem $3.97, Eugene- Springfield $4, and Medford- Ashland $4.03.
BELLEVUE, Wash.-- The average price of a gallon of gasoline in Washington remains above $4 a gallon. The AAA auto club reports the average price in the state Monday is $4.03.
MORGANTOWN, W.Va.-- West Virginia University School of Dentistry students are being offered a financial incentive to stay in the state after they graduate. David Felton says 35 percent of West Virginia's dental workforce will retire in the next decade. The loan reimbursement program will help WVU graduates fill that void.
DEARBORN, Mich.-- AAA Michigan says gasoline prices have fallen 2.2 cents during the past week to a statewide average of about $3.88 per gallon. Of the Michigan cities it surveys, AAA Michigan said the cheapest price for self-serve unleaded fuel is in the Lansing/ E. Lansing areas, where it's about $3.83 a gallon.
Peer Steinbrueck has long been critical of a proposed treaty that would see Germany receive billions of euros from Switzerland in return for dropping a demand to get the names of suspected tax cheats.
SAN DIEGO-- Apricus Biosciences Inc. said Monday it will ask Canadian regulators to approve its antifungal drug MycoVa in late 2013, and the company's shares rose in morning trading. Apricus said Health Canada feels that a new analysis of the company's clinical trials of MycoVa is sufficient to support its request for marketing approval.
This is the face of new, high-end hotels in Africa. International hotel developers are planning nearly 40,000 new rooms across Africa in the coming years. Travel and tourism in Africa generates about $164 billion a year, 9 percent of the continent's total GDP, said David Scowsill, president and chief executive of World Travel& Tourism Council.
SEATAC, Wash.-- All Nippon Airways puts a Boeing 787 into daily service Monday on the Tokyo- Seattle route. The flight from Tokyo is scheduled to arrive just before 11 a.m. at Sea-Tac Airport. The airline started the Seattle- Tokyo route in July, using a Boeing 777..
New Mexico- based Sunland Inc. has expanded its recall of peanut butter and almond butter to include cashew butters, tahini and blanched and roasted peanut products.
MOSCOW-- A Russian official says Facebook head Mark Zuckerberg is being encouraged to expand its operation in Russia. Russia's communications minister tweeted that Prime Minister Dmitry Medvedev persuaded the social media giant's founder Monday to abandon plans to lure away Russian programmers and instead open a research center in Moscow.
MADRID-- Europe's commissioner for monetary affairs, Olli Rehn, said Monday that Spain had as not yet asked for a bailout package and added that he was confident the recession-strapped country would meet its stated deficit reduction goals.
NEW YORK-- Business is looking a little brighter at smaller companies. A survey released Monday shows that they borrowed more money during August _ a sign that business owners are becoming more confident about the economy.
BURLINGTON, Vt.-- The mayor of Vermont's largest city says a $1 million grant will help the Burlington Electric Department provide financing to customers for energy efficiency projects.
INDIANAPOLIS-- Federal Reserve Chairman Ben Bernanke is visiting Indianapolis to speak before the Economic Club of Indiana. A crowd of about 2,000 people is expected at Monday's luncheon at the Indiana Convention Center for Bernanke's speech, which is being watched as it comes in the midst of the presidential campaign.