WASHINGTON (AP) - Federal regulators announced Thursday that Teva Pharmaceuticals Industries will pay $1.2 billion to settle charges that one of its subsidiaries illegally blocked the launch of low-cost generic versions of the blockbuster sleeping pill ...
TOKYO Asian shares rose on Friday as Chinese shares edged back from the previous day's dizzying plunge, though regional investors remained fearful that the world's best performing equity market was at the beginning of a major correction.
SINGAPORE Crude futures rose around 1 percent on Friday after American inventories fell for a fourth straight week although prices are set for a weekly drop on a stronger dollar.
WASHINGTON The U.S. economy likely contracted in the first quarter as it buckled under the weight of unusually heavy snowfalls and a resurgent dollar, but activity since has rebounded modestly.
Stocks finished with modest losses a day after Nasdaq notched a record high, as hopes fade that Greece will reach a deal with its creditors.