• Bill Gates And The Toilet Of The Future: Why The World Needs A Revolution In Better Sanitation

    August 15 2012 10:32 AM EDT

    Bill Gates, the man responsible for bringing software to the masses with Microsoft and Windows, has plans to reinvent another industry: Sanitation. Gates, whose philanthropic efforts have helped bring clean water and resources to developing countries via the foundation founded by he and his wife Melinda, said on Wednesday that he plans to build a toilet that's better suited to developing countries in an effort to cut down on disease and death in those regions.

  • The Chicago PMI continues to signal economic recovery for the region, although some business have become worried about rising energy costs
    US Gas Prices Won't Drop Until October - Analyst

    August 13 2012 11:19 AM EDT

    Gasoline production issues and tensions between Iran and Israel have sent U.S. gasoline prices above $4 per gallon in some cities, and prices likely won't fall until October, according to gasoline analysts.

  • Pfizer, BYU Go To Court In May, Celebrex and Millions Of Dollars At Stake
    Pfizer Settles Government Bribery Complaints

    August 07 2012 2:59 PM EDT

    Among the charges: Pfizer's China subsidiary was accused of offering a program where doctors could claim cell phones and other goodies based on how many prescriptions they doled out of the company's products.

  • Test tubes filled with samples of bacteria to be tested are seen at the Health Protection Agency in north London March 9, 2011. Picture taken March 9, 2011. For decades scientists have managed to develop new medicines to stay at least one step ahead of th
    Merck Second-Quarter Earnings Preview: A Glimpse

    July 25 2012 4:25 PM EDT

    Based on analyst estimates, Merck & Co. will report earnings of $1.01 a share on sales of about $12.16 billion -- an increase of 0.1 percent from the year-earlier quarter. The company posts its second-quarter earnings on Friday, before the opening bell.

  • Markets Cheer Walgreen For Express Scripts Deal

    July 19 2012 10:29 AM EDT

    Large U.S. drugstore chain Walgreen Co. (NYSE: WAG) announced Thursday it would be renewing its contract with Express Scripts Holding Co. (NASDAQ: ESRX), to provide customers of that pharmaceutical claims manager with prescription drugs at Walgreens retail stores.

  • Uncle Sam's Taxes
    Will Obamacare Increase Your Taxes? For Some, Yes

    July 18 2012 6:18 AM EDT

    Taxes may rise modestly for average Americans and more sharply for wealthier citizens as a result of the Patient Protection and Affordable Care Act (ACA), also known as Obamacare.

  • Glaxo Set To Announce $2.8B Buyout of Human Genome Sciences

    July 16 2012 9:07 AM EDT

    GlaxoSmithKline plc (NYSE:GSK) (London:GSK) was set to announce a $2.8 billion deal to buy biotech outfit Human Genome Sciences early Monday, several financial news outlets reported, ending a three-month pursuit of the merger.

  • Ed Damiano (right) delivers insulin to his son David, at the family's home in Acton, Mass. Damiano is working on a bionic pancreas that will automatically control blood glucose in people with type 1 diabetes.
    Global Pharma Giants Feed On Smaller Biotech Makers

    July 02 2012 4:23 PM EDT

    Bristol-Myers Squibbs' takeover of Amylin follows the trend of pharma companies that are acquiring biotech companies to benefit from growing medical needs, offset patent losses and boost their internal pipeline productivity.

  • medicaid
    Health Care Reform Supreme Court Decision: Medicaid Providers Prepare For 16 Million New Members

    June 29 2012 6:05 AM EDT

    There are big incentives for states to participate in the Medicaid extension.

  • Supreme Court Health Care Decision: Insurers Say They're Prepared

    June 28 2012 3:54 PM EDT

    Health insurance providers say they are prepared for the U.S. health care system changes upheld Thursday by the U.S. Supreme Court.

  • Supreme Court Health Care Decision
    Health Care Supreme Court Decision: Shares of Medicaid MCOs Soar

    June 28 2012 10:54 AM EDT

    The Supreme Court health care decision confirming the constitutionality of the president's signature legislative achievement and expanding insurance to millions of low-income Americans under Medicaid will provide a large influx of new customers and notable revenue opportunity for Medicaid-focused managed-care organizations (MCOs).

  • The 10 Best Promos Out Of 2012's Cannes Lions

    June 25 2012 2:37 PM EDT

    The 59th International Festival of Creativity, known as the Cannes Lions, wrapped up this past weekend. This year, top winners included a blank annual report and an invisible hydrogen powered Mercedes Benz.

  • 'Micro Unionization' Riles Retailer Bergdorf Goodman, Others

    June 19 2012 6:39 AM EDT

    Here's what a nursing home in Mobile, Ala., has in common with the regal Bergdorf Goodman department store in Manhattan: They're both facing micro-unions, groups of employees who organize apart from the rest of a company's workforce.

  • Spray-On Tan Safety: Why Short-Term Beauty Is A Long-Term Risk

    June 13 2012 11:05 AM EDT

    According to a panel of medical experts, the active chemical in used in spray-on tans -- dihydroxyacetone (DHA) -- can potentially damage one's DNA and cause genetic alterations. The experts reviewed 10 of the most current, agreeing that while more studies need to be done, what they already know is enough to warrant a warning.

  • The logo of the Swiss drugmaker Roche is seen on a factory in Burgdorf
    Will Genentech's Perjeta Be The Next Blockbuster For Roche?

    June 10 2012 4:28 PM EDT

    Combatants on the front lines in the war on cancer have a new weapon in the arsenal, as the U.S. Food and Drug Administration on Friday OK'd Perjeta -- flanked by Herceptin and docetaxel -- for deployment in a three-pronged attack on the enemy cells in people with HER2-positive metastatic breast cancer.

  • Investors Love Rio: Why Foreign Companies Are Buying Into Brazil's Real Economy

    May 25 2012 5:28 PM EDT

    Investing in Brazil's booming economy has turned another page as foreign companies, especially Japanese firms, move from putting money into the nation's financial industry to putting it into the real economy of South America's largest nation.

  • Rio +20 Aims To Lead A Green Economy
    Monsanto Maize: EU Blocks France Ban On MON 810 Yieldgard

    May 22 2012 11:15 AM EDT

    Days after France attempted to ban a genetically-modified strain of maize created by the controversial agricultural company Monsanto, based in St. Louis, Mo., the European Food Safety Authority (EFSA) rejected France's grounds for banning the maize, even though France believes the corn is harmful to the environment.

  • Agilent Shares Gain After Dako Acquisition

    May 17 2012 10:00 AM EDT

    Shares of Agilent Technologies (NYSE: A), the No. 1 U.S. instrument maker, surged on Thursday after the company announced it?s biggest acquisition, the $2.2 billion takeover of Denmark?s Dako.

  • Resume Embellishment? Yahoo?s CEO Not Alone

    May 11 2012 12:35 PM EDT

    Rather than deal with business, directors of Yahoo (Nasdaq: YHOO), the No. 3 search engine, have been busy all week in the ?resume embellishment? scandal that forced one director to quit and put the CEO under a cloud.

  • A woman clad in burqa walks out of the Nejat drug rehabilitation centre, an organisation funded by the United Nations providing harm reduction and HIV/AIDS awareness, in Kabul
    The Global Fund Gets $1.6 Billion Shot In Arm

    May 10 2012 10:48 AM EDT

    The Global Fund, a leading financier in the struggle against AIDS, tuberculosis and malaria, expects to have an additional $1.6 billion to fund projects in 2012-2014, its new chief said on Wednesday, a turnaround from a funding freeze last year.