Lilly 4Q profit falls 27 pct, hurt by patent loss
January 31, 2012
Drugmaker Eli Lilly and Co.’s net income tumbled 27 percent in the last quarter of 2011 as the loss of a key patent protecting its […]
Monthly Archive January, 2012
Small business hiring slows, wages dip in January
January 30, 2012
Small business payrolls grew at a slower rate in January and wages fell, an independent survey showed on Monday, suggesting the pace of overall […]
Summers: Developing Nations Should Educate Girls - Bloomberg
January 28, 2012
Developing countries seeking to raise their standards of living should focus on educating girls, former U.S. Treasury Secretary Larry Summers said.
Bernanke Makes Case for More Bond Buying - Bloomberg
January 26, 2012
Ben S. Bernanke laid the groundwork for a third round of large-scale asset purchases should unemployment remain higher than the Federal Reserve would like while […]
Japan announces first trade deficit since 1980
January 25, 2012
Japan marked its first trade deficit since 1980, a 2.49 trillion yen ($32 billion) shortfall for 2011 caused in part by last year’s tsunami and […]
Spanish Economy Is Poised to Shrink 1.5% This Year, Central Bank Forecasts - Bloomberg
January 23, 2012
Spain
Novartis drug studied; possible ties to deaths
January 21, 2012
The European Medicines Agency is investigating a multiple sclerosis drug made by Novartis after at least 11 patients taking the drug died.
The drug, Gilenya, was […]
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Business news briefs
January 20, 2012
New jobless claims drop • The number of people seeking unemployment benefits plummeted last week to 352,000, the fewest since April 2008. The decline added […]
Is Obama the ‘food stamp president?’
January 18, 2012
A record 44.7 million people — or 1 in 7 Americans — were on food stamps last year. But does that make Barack Obama […]
Osborne Sees Some Grounds for U.K. Optimism on EU Outlook - Bloomberg
January 16, 2012
U.K. Chancellor of the Exchequer George Osborne said he sees some reason for optimism in Europe, while acknowledging that 2012 is set to be a […]