First-quarter deal-making activity was more robust in Mexico than anywhere else in Latin America for only the second time in a decade. Thomson Reuters data shows the value of announced mergers and acquisitions in Mexico reached $8.64 billion, above Brazil's $8.51 billion. Illustrating how the tables have turned, $13.93 billion worth of M&A deals were...» Read More
British drug giant AstraZeneca PLC and a small U.S. drug developer, Ironwood Pharmaceuticals Inc., said Tuesday that they are teaming up to develop and then market Ironwood's new drug for irritable bowel syndrome in China.
In its wake, Congress set out to overhaul how the government oversees Wall Street. The hard-fought law was a big victory for President Barack Obama, and he would defend it.
NEW ORLEANS-- Oil giant BP has asked a federal judge to disregard objections from a fraction of claimants and give final approval to a proposed multibillion-dollar settlement over economic damages from the Gulf oil spill.
SAN FRANCISCO-- Industrial real estate developer Prologis Inc. posted a third-quarter loss, but said its core funds from operations improved from a year ago on a 9 percent increase in revenue. Prologis raised its forecast for full-year core FFO to between $1.72 and $1.74 per share, up from $1.64 to $1.70 per share.
CHICAGO-- Boeing Co. said Tuesday that it has begun building its 777 jet at the highest rate that it's ever made a big passenger jet, aiming to crank out more than eight planes per month. Boeing has long said it would ramp up the pace of 777 production.
The risk of a devastating cyberattack on the United States is real. There's no question the country remains vulnerable to an "electronic Pearl Harbor," as debate continues on the role the federal government should play in securing computer networks that control the nation's electrical grid, water supply and other critical sectors.
NEW YORK-- The NFL will consider dropping the Pro Bowl if the level of play doesn't improve, Commissioner Roger Goodell said Monday night. Appearing on SiriusXM NFL Radio's " Town Hall," Goodell agreed with host Michael Strahan that last January's Pro Bowl "was embarrassing."
District Judge James E. Boasberg rejected the federal government's argument that the environmental groups' lawsuit was moot because the Fish and Wildlife Service had already agreed to stop the practice after this year.
Benchmark oil is down $2.46, or 2.8 percent, to $86.19 in New York. 3 M Co., with products ranging from Scotch tape to traffic sign coatings, and Posco, the big Korean steel maker, were among the major companies that cut forecasts because of weak economic growth in China and Europe. Brent crude fell $1.87, or 1.7 percent, to $107.57 in London.
ATHENS, Greece-- A junior partner in Greece's governing coalition has refused to lift its opposition to a new package of austerity measures, which bailout creditors have been demanding for months in exchange for more rescue loans.
LONDON-- A sexual abuse scandal shaking the BBC broadened Tuesday, with the broadcaster saying that it is investigating claims of sexual abuse and harassment against nine staff members and contributors, in addition to the late disgraced children's TV host Jimmy Savile.
BEIJING-- An array of activists, academics and dissidents are questioning the authorities' purge of Bo Xilai, demanding that China's legislature follow the rule of law and allow the disgraced leader to defend himself before lawmakers.
ROCK HILL, S.C.-- A company that provides medical testing services is bringing more than 350 jobs to a new facility in South Carolina's York County. State and company officials said Tuesday that Physicians Choice Laboratory Services is planning to invest more than $24 million to set up a new facility.
SEATTLE-- Michael Henrichsen has ideas about how he might celebrate his 26th birthday this week. First, Billy Idol rolls up in a limo and tells him to hop in.
HELSINKI-- Nordic paper maker Stora Enso Oyj reported Tuesday a third-quarter net profit of 80 million but says it will slash 520 jobs to save 36 million annually. Stora's job cuts _ mostly in Finland, Sweden and Poland _ will be accompanied by mill closures in Sweden and Finland and efficiency improvements at several other plants, the company said.
NEW YORK-- Bob Schieffer took a light hand Monday as moderator of the final presidential debate, ending with advice from his mother: "Go vote.
MORGANTOWN, W.Va.-- West Virginia University plans to buy nearly 40 properties in Morgantown in a $14.5 million real estate deal that the Board of Governors was set to consider Tuesday afternoon. WVU officials have declined to discuss the details this week but told media outlets they may have more to say in a few days.
SMITHFIELD, R.I.-- Bryant University has received a $1 million gift from the foundation established by the chairman of the Hasbro toy company's executive committee to support the work of the school's Institute for Public Leadership.
NEW YORK-- Shares of SunTrust Banks continued to fall on Tuesday, after the regional bank posted higher third-quarter expenses amid low interest rates.