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Alcoa Inc. said Monday it expects to book charges totaling $170 million to $180 million after-tax in the third quarter to cover the costs of the permanent closure of its Portovesme aluminum smelter in Italy.
Shares of J.C. Penney Co. rallied 2.7% in premarket trade, after J.P. Morgan sent clients a favorable research report on the department store chain.
Vivus has acquired a group of patents covering one of the main ingredients behind its weight loss drug Qsymia from Janssen Pharmaceuticals.
Are colleges – some of which offer degrees seen to have little real-world use, and others that sport failing business models -- exacerbating income inequality? Perhaps.
Private equity firm Oak Hill Capital Partners said it would buy container maker Berlin Packaging LLC for $1.43 billion from Bahrain-based investment firm Investcorp Bank BSC.
An activist investor urged women's apparel retailer Ann Inc to sell itself, saying it could fetch as much as $2.52 billion, failing which each of the company's board members should buy back stock as a "sign of confidence".
Japan said Monday it is ready to provide a Japanese-developed anti-influenza drug as a possible treatment for the rapidly expanding Ebola outbreak.
Roche will buy U.S. biotech company InterMune for $8.3 billion cash, helping the world's leading cancer-drug maker expand into rare and incurable-disease treatment.
The folks at the Farmers' Almanac can be forgiven for feeling smug: The 198-year-old publication correctly predicted the past nasty winter while federal forecasters blew it.
A big shareholder in the Ann Taylor chain is ratcheting up pressure on its parent company to put it up for sale.
Authorities say a security threat forced a flight from Dallas to San Diego to be diverted to Phoenix.
The American Heart Association's first policy statement on electronic cigarettes backs them as a last resort to help smokers quit.
Winemakers in California's storied Napa Valley woke up to thousands of broken bottles and barrels as a result of Sunday's earthquake.
Death Row Records founder and rap mogul Marion "Suge" Knight was shot and injured in a packed nightclub early Sunday, but he was expected to survive, a Los Angeles County sheriff's sergeant said.
The family feud that has brought the Market Basket supermarket chain to its knees may be nearing its end.
U.S. equity futures rose, inspired by merger news and gains from European markets, which rose on hints of more stimulus from ECB's Mario Draghi.
A former Romanian deputy prime minister and businessman has been handed a four-year prison sentence for selling property to the national lottery at inflated prices and not declaring tax.
Depending solely on the rains to either yield a good rice crop or leave their fields dry and barren, farmers in this village in northeastern Thailand, the country's poorest region, led a precarious and back-breaking existence.
French President Fran�ois Hollande on Monday dissolved the government after criticism of his policies by senior government ministers over the weekend, The
Toyota Motor Corp. is bringing back the Land Cruiser 70 in Japan, catering to nostalgic demand for the rugged off-road vehicle.