| Aug 7, 2014
| 7:43 PM
Russia on Thursday began rolling out a sweeping embargo on food imports from the United States, members of the European Union and allied nations in response to those countries' economic sanctions for Moscow's aggressiveness in Ukraine.
| Jul 17, 2014
| 1:48 PM
Cleveland and other Rust Belt cities are making a comeback as young people sick of high prices in the big city look for more manageable places to live and cities capitalize on attracting a new generation of employers.
In Cleveland, the news that...
| Jul 20, 2014
| 5:00 AM
When is a U.S.-based company not considered a U.S. company by the IRS? When it buys a smaller firm in a foreign country and — presto chango! — deems that company to be its parent, escaping the obligation to pay taxes to the U.S. Treasury on...
| Jul 18, 2014
| 4:51 PM
A massive pharmaceutical merger that will send the headquarters of a major U.S. drug maker overseas ramps up pressure on Congress to curtail the ability of companies to shelter foreign earnings.
Illinois drug maker AbbVie Inc. said Friday that it...
| Jun 26, 2014
| 3:16 PM
I spent a few hours Wednesday in a boat on an Arctic lake with two UC Santa Barbara researchers, sending various gauges to the bottom, then moving to a new place and pulling them up — while a cold rain fell steadily on us. The air temperature was...
| Jun 4, 2014
| 2:25 PM
Two aerospace manufacturers in Connecticut landed million-dollar state aid deals on Wednesday to help them expand operations and create jobs.
In Westbrook, a fluid control systems manufacturer, The Lee Co., will use more than $20 million from the state...
| Aug 11, 2014
| 7:03 PM
A French pharmaceutical company has agreed to pay up to $925 million for the right to market Afrezza, the recently approved inhaled insulin treatment for diabetes developed by MannKind Corp. of Valencia.
Sanofi, based in Paris, said it would pay $150...
| Aug 7, 2014
| 5:31 PM
Bent and Henni Christensen consider themselves patriotic Americans and strong supporters of Medicare.
Nevertheless, the Huntington Beach couple buy most of their prescription drugs from an online Canadian pharmacy at prices much lower than in the United...
| Jul 30, 2014
| 5:06 AM
Hospira Inc., a pharmaceutical and medical device maker, posted a better-than-expected quarterly profit on higher sales of specialty injectable drugs, and raised its full-year outlook.
The company's net income more than doubled to $70.9 million, or 42...
| Oct 1, 2013
| 6:12 PM
There's an ancient adage that in war, truth is the first casualty. The war being waged over the federal budget, mostly by Republicans fighting with themselves, is a perfect example.
The biggest untruth may be that by pressing their demands the...
| Aug 19, 2013
| 8:41 PM
WASHINGTON — B. Braun Medical and other makers of medical devices cried foul over a 2.3 percent tax imposed on their industry by Obamacare, saying it could force them to cut jobs, move overseas and stop growth.
Seven months since its...