BERLIN (AFP) - General Motors has repaid the 1.5 billion euros (2.2 billion dollars) in bridging loans it received from Germany to keep its troubled European unit Opel afloat, Chancellor Angela Merkel said on Tuesday.
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.
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.