The U.S. trade deficit in January dropped sharply as both exports and imports fell. The Commerce Department said Friday that the deficit fell 8.3 percent to $41.8 billion in January from $45.6 billion in December.
AbbVie Inc. (NYSE:ABBV) said it fought two other drugmakers to �the bitter end� to buy Pharmacyclics Inc and its hot-selling Imbruvica cancer drug, and expects the medicine to generate eventual peak annual sales of more than $7 billion.
Mercedes-Benz said today it plans to spend $500 million to build a new plant in Charleston, S.C., so it can assemble its next-generation Sprinter commercial van there, providing more evidence that the commercial van segment in the U.S.
NEW YORK (Reuters) - U.S. short-term interest rates futures fell on Friday as data showing stronger-than-expected U.S. jobs growth in February spurred traders to raise bets the Federal Reserve may lift policy interest rates from near zero as early as this ...