REUTERS - Drugmaker Alexion Pharmaceuticals Inc (ALXN.O) said it would buy Synageva BioPharma Corp (GEVA.O) for $8.4 billion at a hefty premium to expand in the lucrative market for drugs that treat rare diseases.
Productivity in the U.S. fell in the first quarter, triggering the largest back-to-back decline in more than two decades and pushing up worker costs as the world's largest economy almost stalled.
european union flag Europe has unveiled a new blueprint for the digital industry designed to boost competition and make life easier for consumers.
Federal Reserve Chair Janet Yellen on Wednesday warned that equity market valuations were "quite high," though she said the Fed was not seeing the hallmarks of a bubble.
Fast food chain Wendy's Co. (WEN: Quote) reported Wednesday a profit for the first quarter that nearly halved from last year, which was boosted by system optimization gains.