December 1, 2006, 8:37AM EST
Biotech drug maker NeoPharm Inc. said Friday the Securities and Exchange Commission has closed an investigation of the company and will not take any enforcement action.
December 1, 2006, 8:26AM EST
Several thousand South Korean workers swinging bamboo sticks clashed with riot police Friday outside the National Assembly to protest a new set of labor laws.
December 1, 2006, 8:22AM EST
Goldman Sachs replaced Wal-Mart Stores Inc. with Target Corp. on its list of preferred stocks, saying Wal-Mart's sales have disappointed Wall Street while Target's sales are poised to accelerate.
December 1, 2006, 8:21AM EST
DaimlerChrysler AG's Chrysler Group is offering $1,000 incentives for the purchase or lease of most of its 2006- and 2007-model vehicles through Jan. 2.
December 1, 2006, 8:16AM EST
As if Kraft Foods Inc. didn't have enough legal headaches already, a Los Angeles woman has sued the food giant, claiming it can't tell the difference between avocado and hydrogenated vegetable oil.
December 1, 2006, 8:13AM EST
A plan to wire New York City's subway stations is on hold indefinitely, according to Friday news reports, after a Metropolitan Transit Authority official said wireless companies are insisting on wiring train tunnels as well.
December 1, 2006, 8:09AM EST
Bristol-Myers Squibb Co., one of the nation's biggest drug makers, said Friday it is voluntarily withdrawing its stock listing from NYSE Arca Inc., formerly the Pacific Exchange.
December 1, 2006, 8:05AM EST
Drug maker Bentley Pharmaceuticals Inc. on Friday said it plans to voluntarily end its dual stock exchange listing next month and remain only on the New York Stock Exchange.
December 1, 2006, 8:05AM EST
Credit ratings agency Fitch on Friday said it affirmed some of its ratings on clothing retailer Gap Inc. but revised its rating outlook to negative from stable.
December 1, 2006, 7:58AM EST
Pfizer Inc., the world's largest drug maker, said Friday it plans to establish a program that allows patients with HIV and AIDS expanded access to a treatment that has yet to receive regulatory approval.
December 1, 2006, 7:48AM EST
Provident Financial Holdings Inc., the holding company for Southern California bank Provident Savings Bank, said Friday it established a loan loss reserve of $2.5 million on 23 loans on a residential construction project.
December 1, 2006, 7:47AM EST
Asset management company Cohen & Steers Inc. priced its public offering of 3.5 million shares at $36.50 each, for gross proceeds of about $127.8 million.
December 1, 2006, 7:45AM EST
The nation's biggest federally subsidized housing complex, a Brooklyn development called Spring Creek Towers, is up for sale, the owners have confirmed.
December 1, 2006, 7:44AM EST
Though billionaire investor Kirk Kerkorian has, for now, given up on his quest to transform General Motors Corp., he may try again if the stock stumbles, a Morgan Stanley analyst said late Thursday.
December 1, 2006, 7:44AM EST
The Cabinet approved on Friday a basic policy on the budget for the fiscal year beginning next April pledging to trim bond issuance significantly and carrying out a thorough cut in expenditures.
December 1, 2006, 6:27AM EST
WPP Group PLC, the world's second-largest advertising company, said Friday its Ogilvy & Mather Worldwide unit bought a 49 percent stake in China's Beijing Raynet Advertising for an undisclosed sum.
December 1, 2006, 6:25AM EST
Hong Kong's retail sales in October grew 6.9 percent from a year ago to 17.8 billion Hong Kong dollars ($2.3 billion), the government said Friday.
December 1, 2006, 5:28AM EST
Sweden's gross domestic product rose 4.4 percent in the third quarter from a year earlier, boosted mainly by household consumption and changes in inventory, the national statistics agency said Friday.
December 1, 2006, 4:47AM EST
The Pakistani government said Friday it has sold a 10 percent stake in the country's biggest oil company, Oil and Gas Development Co., to international investors for $813 million in a deal it said highlighted global confidence in the country.
December 1, 2006, 4:36AM EST
South Korea said Friday it would suspend imports of beef from a U.S. slaughterhouse after inspectors found three bone fragments in a shipment, a violation of an agreement related to mad cow disease.
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