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FDA warning: some patients cannot process Plavix
The Food and Drug Administration is adding its strongest warning to the label for Plavix, cautioning that some patients do not respond to the blockbuster blood thinner.
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Financial News
China's new generation picky about factory jobs

Factory worker Chen Qinghai frowned as he looked at a tall bulletin board full of help-wanted notices from companies making everything from photocopiers and DVD drives to mobile phones and car parts.

54 minutes ago.


New Sen. Brown bashes Obama's `bitter' health push

Newly arrived Republican Sen. Scott Brown of Massachusetts accused President Barack Obama and Democrats on Saturday of a "bitter, destructive and endless" drive to pass health overhaul legislation that Brown warned would be disastrous.

1 hour, 2 minutes ago.


A look at Democrats' health care overhaul

President Barack Obama and congressional Democrats are pulling together a final version of a health care overhaul bill and pushing for House votes as early as this coming week. Democrats are awaiting cost assessments from the Congressional Budget Office that will allow them to finish details. Some of the main features as the bill takes shape:

1 hour, 31 minutes ago.


Senate, Obama spar over health plan's pet projects

President Barack Obama says he wants projects helping specific states yanked from the health care bill Congress is writing. Democratic senators, being senators, beg to differ.

1 hour, 39 minutes ago.


Hearts may swoon when stocks do, study suggests

Stock market slides may hurt more than your savings. New research suggests they might prompt heart attacks.

2 hours, 12 minutes ago.


Economy the focus as China political session ends

Mao Zedong's grandson couldn't have put it more simply. China's biggest challenge? "Economic development," he said, as the nation's most public political meetings end with sweeping goals to expand growth _ and help more Chinese enjoy it.

2 hours, 40 minutes ago.


China to bid on US high-speed rail projects

China plans to bid for contracts to build U.S. high-speed train lines and is stepping up exports of rail technology to Europe and Latin America, a government official said Saturday.

4 hours, 26 minutes ago.


Senators question $1 million pay for charity's CEO

A group of Republican senators is questioning high salaries and expensive travel bills for executives at the Boys & Girls Clubs of America, raising issues that could jeopardize millions in federal funding for the national charity.

12 hours, 27 minutes ago.


Orange County prosecutor sues Toyota over defects

The Orange County district attorney has filed a lawsuit against Toyota Motor Corp., accusing the automaker of knowingly selling hundreds of thousands of vehicles with acceleration defects.

15 hours, 21 minutes ago.


US regulators examine competition in agriculture

Federal officials concerned about how much control a few corporations have over the nation's food supply pledged Friday to begin a new era of antitrust enforcement, seeking to balance agricultural power between companies, farmers and consumers.

15 hours, 29 minutes ago.


WaMu reaches settlement with JPMorgan, FDIC

Washington Mutual Inc. has tentatively resolved disputes with JPMorgan Chase & Co. and the Federal Deposit Insurance Corp. over some $4 billion at issue in the bank holding company's Chapter 11 bankruptcy, a WaMu attorney said Friday.

15 hours, 50 minutes ago.


Nortel Networks posts profit in 4Q

Bankrupt telecom equipment maker Nortel Networks Corp. said Friday it posted a profit in the fourth quarter, thanks to a large gain related to an asset sale.

15 hours, 57 minutes ago.


Examiner unveils Lehman accounting tricks

An accounting gimmick called Repo 105 provided financial relief for Lehman Brothers in the months before its spectacular collapse, an autopsy of the once-venerable Wall Street house has found. The question now is whether the trickery spells legal jeopardy for executives of Lehman or its auditors Ernst & Young.

16 hours, 3 minutes ago.


Summary Box: Lehman found to use artifice

FALL OF A WALL STREET TITAN: The investment bank Lehman Brothers, saddled with tens of billions of dollars of troubled assets, collapsed into bankruptcy in September 2008. Its fall precipitated the financial meltdown.

16 hours, 5 minutes ago.


Contractor plans liens against CityCenter owners

The primary contractor for the newly completed $8.5 billion CityCenter complex told the joint venture's owners that it intends to file mechanic's liens to collect on $492 million in construction bills, casino operator MGM Mirage said Friday.

16 hours, 41 minutes ago.


Summary Box: Rates are mixed after uneven data

MIXED DIRECTIONS: Economic reports on consumer sentiment and retail sales offered investors little insight into the economy Friday. Rates on short-term Treasurys were flat.

16 hours, 52 minutes ago.


Celanese to raise prices on emulsions

Chemical company Celanese Corp. on Friday said it would increase the prices on some emulsions in North America.

16 hours, 54 minutes ago.


Rates trade in tight range on uneven economic data

Interest rates were mixed in the bond market Friday after uneven economic reports gave investors conflicting signals.

16 hours, 57 minutes ago.


Halozyme narrows 4Q loss due to Hylenex payment

Biotechnology company Halozyme Therapeutics Inc. said Friday that it trimmed its fourth-quarter loss with help from a large payment from its partner Baxter International and Swiss drug maker Roche.

16 hours, 58 minutes ago.


FDA warning: some patients cannot process Plavix

The Food and Drug Administration is adding its strongest warning to the label for Plavix, cautioning that some patients do not respond to the blockbuster blood thinner.

17 hours, 17 minutes ago.


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