Valeant Pharmaceuticals International Inc (VRX.TO) will scoop up bankrupt cancer vaccine maker Dendreon Corp DNDNQ.PK, after no additional qualified bids came forward by Tuesday's deadline, Valeant said.
North America
Boeing says not studying reviving 757 with new engines
Boeing Co (BA.N) said on Wednesday it is not studying resurrecting its out-of-production 757 jetliner with new engines to plug a gap in its jetliner lineup between its largest single-aisle plane and its smallest widebody models.
Experts warn 2015 could be 'Year of the Healthcare Hack'
Security experts are warning healthcare and insurance companies that 2015 will be the "Year of the Healthcare Hack," as cybercriminals are increasingly attracted to troves of personal information held by U.S. insurers and hospitals that command high prices on the underground market.
Tesla CEO Musk says market value could rival Apple by 2025
Tesla Motors Inc missed fourth-quarter sales targets and analysts' profit expectations, but Chief Executive Officer Elon Musk on Wednesday said by 2025 Tesla's growth trajectory could take its market value to $700 billion, matching that of Apple Inc.
Cisco revenue and profit beat estimates as hardware demand rises
Network equipment maker Cisco Systems Inc (CSCO.O) reported stronger-than-expected quarterly revenue and profit as demand for switching equipment and routers helped to make up for weak spending by the company's traditional telecom customers.
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The Canadian government will require pharmaceutical companies to post public notices when drugs are not available or face fines, Health Minister Rona Ambrose said on Tuesday.
U.S. wholesale inventories barely rose in December, the latest suggestion that economic growth in the fourth quarter was even slower than initially thought.
Crude oil prices fell for the first time in four sessions on Tuesday after the International Energy Agency (IEA) warned that ample supplies will raise global inventories before investment cuts begin to significantly dent production.
Coca-Cola Co (KO.N) reported a slightly higher-than-expected profit on Tuesday as sales in North America, its biggest market, rose for the first time in four quarters, offsetting the impact of a stronger dollar on its overseas business.
Apple Inc (AAPL.O) will buy about $850 million of power from a new California solar farm to cut its energy bill, the iPhone maker said on Tuesday as its stock market value closed above $700 billion for the first time.
The United States will remain the world's top source of oil supply growth up to 2020, even after the recent collapse in prices, the International Energy Agency said, defying expectations of a more dramatic slowdown in shale growth.
BlackRock Inc (BLK.N) is planning an array of new investment products that will allow clients to invest in addressing large societal issues, such as global hunger or poverty, an executive at the New York-based firm said.
XPO Logistics Inc (XPO.N) has bought home delivery company UX Specialized Logistics for $59 million in cash to tap into the booming e-commerce market in North America.
Hopes of an orderly resolution to Puerto Rico's debt crisis suffered a heavy blow after a court voided the island's restructuring law, raising fears it may be heading for a longer, messier debt overhaul.
