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Shire Offers to Buy Baxter Drug Spinoff for $30 Billion
The Irish drugmaker Shire PLC Is offering to buy Baxalta for about $30 billion in stock as it attempts to solidify its strengthening position in rare disease treatments.
Shire Seeks to Cajole Baxalta Into Talks With $30 Billion Offer  Bloomberg
Shire makes $30bn offer for Baxalta  BBC News
TABLE-US June factory orders rise 1.8 pct
Aug 4 U.S. Commerce Department seasonally adjusted data on U.S. factory orders, shipments and unfilled orders. ORDERS-PCT CHANGES: June May April New Orders 1.8 -1.1 -0.7 Ex-Transportation 0.5 -0.1 -0.1 Ex-Defense 1.9 -1.2 -0.4 Manufacturing with ...
Factory orders rose 1.8% in June on strong aircraft demand  USA TODAY
US factory orders advance 1.8 percent in June, while business investment ...  Washington Post
Alibaba Group Names Michael Evans as President
BEIJING—Alibaba has a new global salesman. Alibaba Group Holding Ltd. BABA 0.42 % said Tuesday it appointed Michael Evans, a former top Goldman Sachs Group Inc. executive, as president effective immediately.
Alibaba names Goldman Sachs exec as president  USA TODAY
Alibaba Names Former Goldman Sachs Executive as President  New York Times
More airlines are banning the transport of big game
Cecil is still having a huge impact. Following last week's controversy around the killing of Cecil the Lion in Zimbabwe, some airlines are taking a step to make it difficult for big-game hunters to bring their trophies home - by banning the transport ...
Airlines Ban Big Game Trophies from Cargo After Cecil the Lion Death  TIME
Delta, American Airlines, United ban shipment of some animal trophies  Fox News
UPDATE 2-Sprint reports smaller-than-expected loss, promises more cost cuts
... * Q1 adj loss per share $0.01 vs est loss $0.09. * Rev $8.03 bln vs est $8.43 bln. * Operating expenses fall 9 pct to $7.53 bln.
Sprint Loss Beats Estimates as Customer Base Grows  Wall Street Journal
T-Mobile has finally passed Sprint as the nation's third-largest cell ...  Washington Post
Aetna's On A Roll Ahead Of Humana Deal
Buoyed by new government business, Aetna Aetna (AET) once again raised its profit forecasts as the health insurer works through a proposed $37 billion acquisition of Humana Humana (HUM) that will make the company an even larger player in expanding ...
Aetna CEO says has begun antitrust work on Humana deal  Reuters
Aetna Q2 EPS, Guidance Beats Expectations, Analysts Upbeat  Barron's (blog)
GM to invest $877 million to overhaul Flint, Michigan, truck plant
DETROIT Aug 4 General Motors Co said on Tuesday it will spend $877 million to overhaul its pickup truck factory in Flint, Michigan, capping a series of investments to keep production of profitable large pickups and sport utility vehicles rolling ...
GM to Invest $877 Million to Upgrade Flint, Mich., Truck Factory  Wall Street Journal
GM to invest $877M for new body shop at Flint Truck  Detroit Free Press
Paris-Tokyo in three hours: Airbus wins patent for hypersonic plane
PARIS Airbus (AIR.PA) has won a patent for a hypersonic plane, but Concorde's hydrogen-powered successor is unlikely to leave the drawing board any time soon.
Video: Next generation Concorde could look like this
Airbus patents jet that could race from New York to London in one hour
MH370 Mystery Puts Reunion Island 'On the Map' — Now What?
SAINT ANDRE, Reunion - As MH370 investigators prepare to analyze a Boeing 777 wing component at a French laboratory, the coastal town where it was found is looking for ways to cement its place in aviation history.
MH370 search: plastic 'plane window' found on Reunion Island  Sydney Morning Herald
MH370 hunt may be bogged down by French probe  The Australian
Toyota Posts Record Profit, Fueled by Weak Yen
TOKYO— Toyota TM -3.36 % Motor Corp. can thank a weak yen for its record profit. The car maker Tuesday reported a net profit of �646.4 billion ($5.2 billion) for its first quarter, even as slowing demand in Japan and Southeast Asia reduced its global ...
Toyota profit jumps 10% with N. America strong  USA TODAY
Toyota says not optimistic on China profitability  Reuters