LONDON, April 17- Drugmaker GlaxoSmithKline- hit by bribery claims in five countries- is to employ hundreds more doctors as members of staff as it seeks to build a new sales model designed to eliminate sharp marketing practices.» Read More
PORTLAND, Ore.-- Three former Oregon governors are joining the current chief executive in opposing a proposal to build the state's first nontribal casino. Republican Vic Atiyeh and Democrats Barbara Roberts and Ted Kulongoski implored voters to oppose Measures 82 and 83, which would allow developers to build a casino in Portland's eastern suburbs.
SEATTLE-- Alaska Airlines operations slowly were returning to normal Monday afternoon after a fiber-optic outage shut down its ticketing system for five hours, cancelling flights in Seattle and Los Angeles and causing delays across the airline's 64- airport network.
TULSA, Okla.-- Laredo Petroleum Holdings Inc. said Monday that stockholders are selling 12.5 million shares in the company _ about 10 percent of the total outstanding shares _ through a secondary public offering.
BIG CHANGE: General Motors is setting up four technology innovation centers in the U.S. and plans to hire 10,000 computer specialists over the next three-to-five years. THE NEWS: GM announced on Monday that one of the centers would be in the Detroit suburb of Warren, Mich., on the site of its Technical Center.
The company has announced the sites of the first two centers, in Austin, Texas, and suburban Detroit, but it won't comment on the other two. AUSTIN, Texas: GM picked the home of the University of Texas because of its rich base of high-tech workers.
CPUC Administrative Law Judge Mark Wetzell decided Monday to put one set of hearings on hold until Oct. 15 to allow PG&E to more quickly reach a settlement with other parties. Democratic Assemblyman Jerry Hill of San Mateo and San Bruno Mayor Jim Ruane had urged the judge to continue open hearings.
MINNEAPOLIS-- Famous Dave's of America Inc. on Monday named John Gilbert III the new CEO of the company, replacing Christopher O'Donnell, who served as head of the barbeque restaurant chain since 2008..
WASHINGTON-- A private rocket successfully sent a capsule full of cargo zipping toward the International Space Station in a first of its kind delivery for NASA, but couldn't deliver on job No. 2: putting a commercial satellite into the correct orbit. It is the first of a dozen supply runs under a mega-contract with NASA.
NATICK, Mass.-- Boston Scientific Corp. said Monday it will buy Rhythmia Medical, which makes mapping and navigation systems used in heart surgeries, for up to $265 million.
NEW YORK-- A Bernstein Research analyst downgraded Intel Corp. on Monday, foreseeing pricing pressures for the chip maker in the next 12 to 18 months. The analyst, Stacy Rasgon, downgraded Intel to "Underperform" from "Market Perform" and cut his target price to $20 from $24.
OKLAHOMA CITY-- Continental Resources Inc. said Monday that it plans to triple production and proved reserves of oil and natural gas liquids in the next five years on its leased properties in the U.S.
General Motors is moving past layoffs and the Motor City's rusty, low-tech image. "The companies that build the software themselves in general are going to have an advantage," says David Kirkpatrick, author of a book about Facebook and CEO of Techonomy Media Inc., a New York firm that specializes in setting up technology conferences. "
LUXEMBOURG-- Greece and its international lenders need to agree quickly on a program of reforms so the next tranche of bailout loans can be released, the head of the group finance ministers from the 17 countries that use the euro said Monday.
GREENVILLE, S.C.-- Technology products distributor ScanSource Inc. said Monday that its revenue for its most recent quarter may miss market expectations. ScanSource's forecast falls short of the $760.1 million that analysts polled by FactSet forecast. Shares of ScanSource, based in Greenville, S.C., fell 41 cents to close at $31.21.
CHICAGO-- United Airlines says that passenger traffic and a closely watched revenue statistic both declined in September, compared with the same month last year. United Continental Holdings Inc. said Monday that passenger revenue per available seat mile fell by 2.5 to 3.5 percent last month.
IRVINE, Calif.-- Edwards Lifesciences Corp. shares fell nearly 16 percent in after-hours trading Monday following a disappointing third-quarter revenue forecast Monday, including weak sales of its Sapien heart valve. Edwards said government austerity measures hurt its revenue from Europe while U.S. sales are constrained by Medicare coverage issues.
LUXEMBOURG-- Portugal's international creditors have agreed to give the country the next slice of its rescue loans, worth 4.3 billion, according to a European Union diplomat.
REDWOOD SHARES, Calif.-- Saba Software Inc. said Monday that it has been notified that it is at risk of being delisted from the Nasdaq Stock Market because it has not filed its fiscal third- and fourth-quarter reports and will not file its first-quarter report on time.
_ Netflix Inc.' s stock surged 10.5 percent after an analyst sought to ease investor fears that the online subscription service will face intensifying completion from Amazon.com. _ Shares of Glu Mobile Inc. got a boost after the mobile game developer said it signed a gambling deal with Probability PLC.