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Citigroup's past losses may have helped it win Costco business
Citigroup Inc had at least one advantage in its successful bid for the exclusive right to issue credit cards for Costco Wholesale Corp, rivals and tax specialists say: it lost so much money during the financial crisis that it has billions of dollars of tax credits.
AbbVie boosts cancer drug pipeline with $21 billion Pharmacyclics deal
AbbVie Inc (ABBV.N) is to buy Pharmacyclics Inc (PCYC.O) for about $21 billion, giving it access to what is expected to be one of the world's top-selling cancer drugs and expanding its reach in the profitable oncology field.
Asia stocks slip, euro hits 11-year low before ECB
Asian stocks slipped on Thursday after Wall Street continued to pull back from record highs ahead of Friday's closely-watched U.S. jobs data, while the nervous euro languished at an 11-year low prior to the European Central Bank's policy meeting.
Google Cancels Default Android Lollipop Encryption Due to Performance Issues
Google had decided to trash its earlier statement of making the Android Lollipop Encryption to be set on default. It was set aside due to some devices that might not be able to sustain this mandate.




