BERLIN (AFP) - General Motors will keep open Opel's Bochum plant in western Germany, the head of the US firm's European division, Nick Reilly, said on Tuesday.
DUESSELDORF, Germany (Reuters) - General Motors will present labor leaders at European arm Opel a reorganization plan on Wednesday that envisions cutting nearly a fifth of the workforce, GM's acting European head said.
ALISO VIEJO, Calif. - Valeant Pharmaceuticals said Monday it began selling a generic version of Librax, a treatment for irritable bowel syndrome drug.
PHILADELPHIA - A jury in Philadelphia has ordered Wyeth Pharmaceuticals to pay a woman $75 million in punitive damages after finding a link between her breast cancer and a hormone-replacement drug.
In a battle between AT&T and Verizon Wireless that never seems to end, AT&T's partner Apple now appears to be getting into the mix with two retaliatory iPhone TV ad that air Monday night. The ads comes hot on the heels of AT&T's TV ad campaign that aimed to "set the record straight" around Verizon's "there's a map for that" campaign.
Is an iPhone an acceptable device for business users? Verizon Wireless and AT&T have been involved in a public multimillion-dollar spat over the question with dueling television advertising campaigns -- and a lawsuit to boot. Now Apple is stepping into the fray with its own ads.
NEW YORK - After showing signs of improvement in early fall, sales of clothing and luxury goods weakened a bit the first half of November, compared with a year ago, when stores pulled shoppers in with massive discounts, figures released Tuesday show.
CHARLOTTE, North Carolina (Reuters) - As the economy shows signs of stabilizing, major retail brokers are increasingly comfortable with leaving the largest brokerage houses and setting out on their own, according to a company that provides services to the brokers.
SALT LAKE CITY - Bank holding company Zions Bancorp. on Monday announced an offer to exchange about $140 million of its preferred stock for common stock.
CINCINNATI - Hunters are donating more venison to strapped food banks as Ohio and other states offer financial aid aimed at managing high deer populations. It's a much-needed boost for pantries struggling to meet rising demand.
TEHRAN (Reuters) - A popular conservative newspaper critical of Iranian President Mahmoud Ahmadinejad has been closed down for carrying a photograph of a temple of the banned Baha'i faith, media reported on Tuesday.
(Reuters) - Playboy Enterprises Inc will outsource most of the business operations of its namesake magazine in an effort to curb losses, the Wall Street Journal said on Tuesday.