The company behind the Snuggie, Perfect Bacon Bowl and other �As Seen on TV� products has agreed to pay $8 million to settle charges that it deceived customers.
(Bloomberg) -- Some banks have begun to make changes in how they activate customers' credit-card accounts to use Apple Inc.'s new mobile-payment system after reports of fraudulent transactions, according to industry consultants.
(Bloomberg) -- The dollar was set for its best weekly performance in six before U.S. jobs data that may back speculation the Federal Reserve will raise interest rates this year, while the European Central Banks starts buying bonds.
AbbVie Inc plans to purchase Pharmacylclics Inc. for approx. US$21 billion to beef up its pipeline and make available to it one of the leading blood cancer treatment drugs, Imbruvica, and eventually broaden its scope in the oncological medicine.
McDonald's is to phase out the use of certain antibiotics to treat sick chickens on its farms amid concerns about the development of dangerous superbugs.