NEW YORK - With a $73 billion debt burden that Gov. Alejandro Garc�a Padilla recently called inconvertible, Puerto Rico is now being giving advice by hedge funds: improve tax collection and cut education spending to reduce mounting debt.
Ford Motor Co's net income has jumped 44 per cent to $US1.9 billion ($A2.59 billion) in the second quarter on rising global sales and customers paying more for new trucks and SUVs with premium features.
NEW YORK - U.S. stocks rose Tuesday, ending their longest losing streak since January, amid better-than-forecast earnings and as Chinese equities pulled back from a selloff.
July 28 French drugmaker Sanofi said on Tuesday it was committing up to $2.17 billion to a collaboration with its long-time partner Regeneron Pharmaceuticals in the hot area of cancer immunotherapy.
The activist hedge fund Elliott Management has scored another victory in its battle with a technology company. Citrix Systems said on Tuesday that it had agreed to make several changes, including replacing its longtime chief executive and giving ...