Generic drugmaker Actavis, which has been the subject of intense takeover speculation, said on Monday that it had struck a deal to buy specialty pharmaceuticals company Warner Chilcott for $8.5 billion in stock.

By Marc Jones. LONDON | Mon May 20, 2013 9:00am EDT. LONDON (Reuters) - Optimism about global growth pushed world shares to a near five-year high on Monday, while debate about the future of the U.S.

WASHINGTON -- Consumers will help keep economic growth on track this year, as new projections of their spending indicate it will offset the hit to the recovery from the federal government's automatic budget cuts, a panel of economists said Monday.

Boeing Co. (BA)'s 787 Dreamliner is poised to clear another hurdle in restoring its image as United Airlines (UAL), the only U.S.

Give American Airlines credit for trying a new method to board passengers more quickly. Airlines constantly tinker with the boarding process, and this time American says it has found a way to cut an average of two minutes from the 40 minutes to 45 minutes ...