J&J to Buy Abbott’s Eye-Surgery Equipment Unit for $4.325 billion J&J to Buy Abbott’s Eye-Surgery Equipment Unit for $4.325 billion : Abbott Laboratories agreed to sell its eye-surgery equipment business to Johnson & Johnson for $4.325 billion as the health-care giants remake their lineups of medical devices, the companies said […]

Intel Raises Its Outlook — WSJ Intel Raises Its Outlook — WSJ : Intel Corp. boosted its outlook for the third quarter on Friday, the latest sign that demand for some categories of personal computers has improved. Stronger buying activity seems concentrated in high-end laptops and gaming PCs, analysts and […]

California added 63,000 jobs in August, 42% of U.S. total California added 63,000 jobs in August, 42% of U.S. total : California employers quieted any lingering doubts about the state’s economy in August, as an uptick in hiring helped absorb hordes of new job-seekers. The state added a net 63,100 […]

Wells Fargo faces scrutiny over lack of sales scandal disclosure Wells Fargo faces scrutiny over lack of sales scandal disclosure : A phantom account scandal at Wells Fargo has put the U.S. bank’s disclosure policies under a harsh spotlight. Despite press reports that a federal regulator and the Los Angeles […]

Deutsche Bank Riskiest Bonds Sink as DOJ Seeks $14 Billion Fine Deutsche Bank Riskiest Bonds Sink as DOJ Seeks $14 Billion Fine : Deutsche Bank AG’s riskiest bonds plummeted after the German lender received a $14 billion claim from the U.S. Justice Department to settle an investigation into the firm’s […]

US government inaction is hampering economic growth US government inaction is hampering economic growth: As the U.S. economy enters its eighth year of its recovery from the Great Recession, one major factor is slowing its growth: Government gridlock. That finding emerges from a report by Harvard Business School being officially […]

Trump, interrupted, heckled in visit to Flint church Trump, interrupted, heckled in visit to Flint church: -Donald Trump was cut off, chastised and then heckled after he attacked rival Hillary Clinton during what was supposed to be a speech on helping where the government had failed the people of Flint, […]

Drugs Take Backseat to Seeds at Bayer With Monsanto Acquisition Drugs Take Backseat to Seeds at Bayer With Monsanto Acquisition:- In the wake of its $66 billion-acquisition of Monsanto Co., Bayer AG risks starving its lucrative drugs business of the resources it needs to grow. Funded with a combination of […]