COMPANIES

Three companies will ask FDA to approve their obesity pills.

Prescreen, a new online movie marketing and distribution platform started by former Groupon executive Shawn Bercuson, launched this week with a focus on online streaming and sharing via social media.

Ted Sarandos, Netflix's chief content officer, had the unenviable task of fielding questions at the Paley Center for Media conference on Thursday as shares of the company plummeted on news that subscriber growth was shrinking.

Netflix Inc. (NASDAQ: NFLX) lowered its third quarter domestic subscribers guidance, while maintaining its financial and international subscribers outlook. Wedbush Securities believes that the lowered expectations by Netflix reflect a degree of customer disinterest.

Medical device maker Natus Medical Inc said it bought privately-held Embla Systems LLC for about $16.1 million in cash to expand its sleep diagnostics portfolio.

Molycorp Inc (MCP.N) said on Friday it has broken off talks with Japan's Sumitomo Corp with regard to a financing deal, as the investment is no longer necessary for the implementation of its business plan.

The cost to install solar power in the United States fell by 17 percent in 2010 and is on pace to drop even faster this year, according to a new report issued by the Lawrence Berkeley National Laboratory.

Arrested at his UBS trading desk, rogue trader Kweku Adoboli allegedly told the bank about his unauthorized trading that resulted in a nearly $2 billion loss.

UBS said it may report a third-quarter loss after it suffered a $2 billion loss due to unauthorized trading by a trader in its Investment Bank.

The biennially held Frankfurt Motor Show started on Sept.13, 2011 at Frankfurt, Germany presenting a spectacular display of new concept designs, new introductions, production and luxury cars.

The jury has reached a verdict in a courtroom battle between Trust Company of the West and former investment chief Jeffrey Gundlach, concluding a six-week trial that has transfixed the financial industry.

The union representing many of the 62,000 workers at Ralphs, Vons and Albertsons supermarkets in southern California issued a required 72-hour notice of its plan to cancel its extended contract, a move that could pave the way for a strike.

Wal-Mart announced it plans on sourcing $20 billion in products from female-owned businesses in the U.S. over the next five years, while also enacting a number of programs aimed at helping women across the globe.

With UBS losing approximately $2 billion from unauthorized trades by a "rogue" trader, the road for recovery for the Swiss bank could be long.

Missoni for Target was a red-hot hit at launch this week, but the Italian designer's special collection for the retailer has left some customers confused while reseller Internet sites like eBay have experienced a boom.

A Texas college student has singlehandedly subverted the premise of American Apparel's self-congratulatory foray into plus-sized merchandise -- which the retail chain defines as sizes 12 and 14.

The Canadian government declined to say on Wednesday whether it was preparing legislation to head off another strike at Air Canada, the country's biggest airline.

South African energy minister Dipuo Peters said on Thursday she had signed off on a proposal for new nuclear power plants, likely worth tens of billions of dollars, and said it would be presented to cabinet soon.

The childhood friend of a slain NBC executive has agreed to plead guilty to manslaughter in connection to what has been described as an accidental shooting death in March.

United States Postal Service First Class mail, long recognized for speed and reliability considering the cost of a stamp, may slow due to cost-saving measures that may be put into place. The postal service has experienced fast decline in First Class mail due to the Internet, as more people use email and online bill pay instead. In the last five years, for example, First Class mail volume has dropped 25 percent, and single piece first class mail -- letters and such sent with a stamp -- has decli....

Rumors swirled Wednesday night that Nike was considering acquiring rival Under Armour for $100 a share, according to the London Times.

Last winter, President Barack Obama, Treasury Secretary Timothy Geithner and a small posse of White House officials made a big show as they swept through Northeast Ohio to kick off their Startup America initiative that promised to help seed new ventures and create jobs. Eight months later, Ray Leach is still waiting.

Alamos Gold raised its half yearly dividend by 40 percent, the third increase since its first payout in 2010 amid skyrocketing gold prices.

UBS said a trader has lost about $2 billion in unauthorized dealing and warned it might post a loss in the third quarter, a huge blow as the Swiss bank struggles to rebuild its credibility after years of crises.

Switzerland's UBS said on Thursday it had discovered unauthorized trading by a trader in its investment bank had caused a loss of some $2 billion.

Kingfisher Airlines Ltd., controlled by liquor baron Vijay Mallya, needs to infuse required funds to continue as a going concern, its auditor has said, raising concerns about the future of the loss-making carrier.

Groupon seeks to go public in October or November, people familiar with the matter told the New York Times on Wednesday, a week after the daily deals website put its IPO on hold for a few weeks as it waited to ride out global market turmoil.

For the top of corporate America, times could not be better. A look at the top 10 highest paid CEOs in the United States.

While searching Utah's desert for leads that could tell of Susan Powell's mysterious disappearance two years ago, police found unidentified human remains that could result in a major break in the cold case.