ImClone Systems Inc has agreed to be acquired by Eli Lilly and Co for about $6.5 billion, after rejecting a sweetened bid from Bristol-Myers Squibb Co, the companies said on Monday.
The Supreme Court opens a new term Monday with denials expected in hundreds of appeals and arguments over limits on lawsuits against tobacco companies.
US Department of Justice officials announced that a private security company contracted by the US Agency for International Development (USAID) and four of its executives and employees have been charged with conspiracy, major fraud and wire fraud in connection with alleged efforts to interfere with US military and reconstruction efforts in Afghanistan.
Officials in the small Litchfield County town and several other Connecticut communities worry they could face lawsuits if they don´t comply with a new state law requiring towns to post agendas and minutes for every board and commission on their municipal Web sites.
The governments of Belgium and Luxembourg have transferred all of their shares in the Dutch division of bank and insurance giant Fortis to the Netherlands, including the Dutch ABN Amro banking division.
The chairman of the U.S. Senate´s antitrust subcommittee is urging the U.S. Department of Justice to closely examine the proposed Google-Yahoo search advertising partnership, noting that it could lead to higher advertising prices and create unfair market conditions.
Roche Holding AG (RHHBY) is "assessing" a federal court ruling on Thursday that prohibits its Mircera anemia treatment from being sold in the U.S. because of patent infringement.
New York City Mayor and billionaire Michael Bloomberg will have to answer allegations of pregnancy bias at the company he owns while he seeks a third term.
An Alaska judge has refused to block the state investigation into whether Gov. Sarah Palin abused her power when she fired Public Safety Commissioner Walt Monegan this summer.
California may need a $7 billion emergency loan from the federal government to pay for "teachers´ salaries, nursing homes, law enforcement and every other state-funded service" this month, Gov. Arnold Schwarzenegger warns.
Swiss investment bank UBS announced 2.000 further job cuts Friday as part of a company restructuring in response to the credit crisis.
An industrial chemical blamed for sickening thousands of infants in China has been found in candy on American shelves.
India has become the latest country to ban smoking in most public places, starting Thursday. From New Delhi, Anjana Pasricha reports on the government´s efforts to stub out smoking, which kills an estimated one million people in the country, every year.
France is willing to help Venezuela develop a civilian nuclear power program, the foreign ministers of both countries said Thursday.
The Senate approved a controversial nuclear deal with India on Wednesday, clearing the way for the United States to export nuclear know-how to India after a ban lasting decades.
New York, eight other U.S. states and a Canadian province sued the U.S. Environmental Protection Agency, accusing it of creating a loophole in the federal Clean Water Act that threatens waterways and drinking water.
Six Hollywood studios have filed a legal suit against RealNetworks for releasing an application which allows users to copy commercial DVDs.
TOM-Skype, eBay´s joint venture in China, is recording customer text chats and censoring them if they contain certain keywords related to topics the government deems objectionable, according to a report released on Wednesday (PDF) by researchers in Canada.
The Senate on Wednesday night voted in favor of the massive financial bailout the House had rejected Monday – but only after adding another $100 billion in tax breaks.
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