NEW YORK— Orthopedic device maker Zimmer said Thursday it will be called Zimmer Biomet after its combination with privately held competitor Biomet. The Warsaw, Indiana, company also said Daniel Florin will be its CFO. Shares of Zimmer Holdings Inc. rose 6 cents to $108.21 in morning trading.» Read More
BOSTON-- Even as stock prices rose again in September, investors withdrew money from stock mutual funds at the fastest pace of the year, marking the seventh straight month that withdrawals have exceeded deposits.
SAN JOSE, Calif.-- Shares of OCZ Technology Group Inc. tumbled Wednesday after the flash memory maker delayed filing its earnings report for its second quarter and said its revenue had fallen short of its previous guidance.
DALLAS-- United Airlines is raising prices on most flights within the U.S. by up to $10 per round trip. Baker said the fate of United's increase would depend largely on whether Southwest matches it.
PLYMOUTH, Mass.-- Plymouth nuclear power plant owner Entergy Corp. says it will thoroughly review allegations by activists who announced their intent to sue the plant for polluting Cape Cod Bay. Entergy says many of the allegations were unsuccessfully raised before the Pilgrim Nuclear Power Station was re-licensed earlier this year.
PROVIDENCE, R.I.-- A technology executive for the Boston Globe and New York Times Co. has been named Rhode Island's first chief digital officer. Lincoln Chafee on Wednesday announced that Thom Guertin will start Oct. 22.
NEW YORK-- Shares of OraSure jumped nearly 5 percent Wednesday after the company launched sales of the first home HIV test of its kind to be approved by federal regulators.
ISLAND ISOLATION: Jamaica's port authority and Royal Caribbean Cruises Ltd. pitched the port of Falmouth as a place where passengers would dive into the historic city for "a wraparound experience not unlike Colonial Williamsburg." But their dollars have been kept at a distance.
NEW YORK-- Robert Caro, Junot Diaz and the late Anthony Shadid were among the finalists announced Wednesday for the National Book Awards. Other nominees included the novelists Dave Eggers and Louise Erdrich and nonfiction writers Anne Applebaum and Katherine Boo.
White is the most popular color for the second year in a row after overtaking silver in 2011. The annual rankings are compiled by automotive paint supplier PPG Industries Inc., a Pittsburgh- based company that provides paints to General Motors Co., Ford Motor Co., BMW AG and others. By comparison, 19 percent of midsize cars made in North America are white.
Europe is gripped by a debt crisis and stalled growth. A budget standoff in the United States is set to trigger tax increases and spending cuts and perhaps a recession. And it's warning that even its dimmer outlook might prove too optimistic if Europe and the United States fail to resolve their crises.
There were large blocks of empty seats at some stadiums at the 2010 World Cup in South Africa and this year's European Championship in Poland and Ukraine. At the Leaders in Football conference on Wednesday, FIFA marketing director Thierry Weil said sponsors would have to name the people using tickets two or three days before matches in Brazil.
John Mica, R- Fla., chairman of the House Transportation and Infrastructure Committee, has accused Amtrak of "Soviet-style" inefficiency and held several hearings devoted to criticism of the railroad.
TOKYO-- China's central bank governor and finance minister won't be attending IMF and World Bank annual meetings in Tokyo this week, a Japanese official said Wednesday _ cancelations that come as the two Asian giants remain at odds over a cluster of tiny islands both claim.
TAIPEI, Taiwan-- Commemorating the founding of the Republic of China, Taiwan President Ma Ying- jeou has pledged greater efforts to fix the island's economy, now limping along at about a 2 percent annual growth rate. Over the past several months, Taiwan's high-tech economy has been battered by slowing demand in Europe, North America and China, its main export market.
BANGKOK-- Worries about Europe's debt crisis, signs of weak global growth and expectations of lower U.S. corporate earnings sent Asian stocks down on Wednesday. International Monetary Fund said Tuesday that Spain's economy _ already in double-dip recession _ will contract by 1.3 percent next year _ more than double its previous prediction.
WASHINGTON-- The Obama administration is preparing to warn car owners whose air bags have been replaced in the past three years that dangerous counterfeit bags may have been installed, according to auto industry officials who have been briefed by the government.