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Ex-Glaxo Executive Denies Rigging Data 12 Jun 2013 | 06:31 pm
Glaxo's former head of R&D in China—whom the drug company fired this month, saying a scientific paper he helped write contained "misrepresented" data—has denied any involvement in data manipulation.
Blemishes Aside, Coty Has Allure 12 Jun 2013 | 06:18 pm
Coty, the beauty-products conglomerate behind Calvin Klein perfume and Lady Gaga fragrance, will price its IPO late Wednesday, marking its long-awaited market debut.
Bountiful Crop Forecasts Weigh on Corn Prices 12 Jun 2013 | 06:16 pm
Corn futures prices fell after U.S. forecasts for supplies next year came in higher than expected.
RBS Chief Hester to Step Down 12 Jun 2013 | 06:13 pm
Stephen Hester, chief executive of Royal Bank of Scotland Group, will step down at the end of the year, raising doubts over the likelihood of a speedy privatization of the 81%-government-owned lender.
Indian Firm to Buy Cooper Tire 12 Jun 2013 | 06:08 pm
Indian tire maker Apollo Tyres agreed to acquire Cooper Tire & Rubber in a deal valued at $2.22 billion that is expected to create the seventh-largest tire company in the world.
Nasdaq Names New Stock-Market Chief 12 Jun 2013 | 06:08 pm
Nasdaq OMX appointed Tom Wittman to run its flagship U.S. stock-trading franchise, promoting an executive who has overseen the exchange group's expansion in equity-options trading.
Global Tumult Grips Markets 12 Jun 2013 | 05:54 pm
The tectonic plates of the world economy are shifting, raising the question of whether markets are experiencing a bumpy return to a new normal or new period of volatility.
Employment Checks Fuel Race Complaints 12 Jun 2013 | 05:40 pm
The EEOC accused two large employers--a BMW operation and Dollar General-- of improperly using criminal-background checks in hiring, the latest salvo in a contentious debate over whether such screenin...
U.K. Investigates Exchange Rates 12 Jun 2013 | 05:34 pm
The U.K. financial regulator is gathering information on potential manipulation of benchmark foreign-exchange rates, amid new allegations that traders at banks are rigging rates to boost profits.
Pfizer Wins Patent Settlement 12 Jun 2013 | 04:51 pm
Pfizer and Takeda have reached a $2.15 billion settlement with Teva and Sun Pharmaceutical for patent-infringement damages resulting from their launches of generic Protonix in the U.S.
