The Puerto Rican flag flies in front of Puerto Rico's Capitol in San Juan, Puerto Rico, on July 29, 2015. The Puerto Rican flag flies in front of Puerto Rico's Capitol in San Juan, Puerto Rico, on July 29, 2015.
NEW YORK Dan Ivascyn, who succeeded Bill Gross as Pimco's new chief investment officer nearly a year ago, acknowledges that life at the firm is now "less glamorous.
CVS Health Corp. CVS 0.31 % on Tuesday gave a soft earnings outlook for its current quarter, while growing sales of prescription drugs continued to offset weakness in its retail business for the second quarter.
Delta Air Lines and American Airlines will no longer allow the shipment of lion, leopard, elephant, rhinoceros and buffalo hunting trophies, the carriers said Monday.
Shire SHPG 0.48 % PLC said Tuesday that it has offered to acquire Baxalta Inc. BXLT 0.97 % in a stock-deal valued at roughly $30.6 billion, in a combination what would create a leader in treatments for rare diseases.