NEW YORK (Reuters) - U.S. stocks rose on Monday, sparked by the latest flurry of merger activity and earnings from Citigroup, putting the S&P 500 on pace to climb for a second straight session.
Volkswagen says it will build a mid-size, seven-passenger crossover SUV at its Chattanooga, Tenn., factory in 2016, adding 2,000 jobs and helping VW plug a hole in its U.S.
NEW YORK (The Deal) -- Mylan (MYL) said Monday it has a deal in place to acquire the developed markets generic drugs business of Abbott Laboratories (ABT) in a stock deal valued at $5.3 billion.
An Andy Warhol at Sotheby's last fall. By teaming up with eBay, it hopes to reach buyers who might never come to a sale room. Credit Andrew Burton/Getty Images.
Drug maker Shire said Monday that its board expects to recommend an improved $53 billion takeover offer from Chicago-based AbbVie, clearing the way for what could be one of the largest mergers in the health sector.