[AP] - Bristol-Myers Squibb Co. said Tuesday it will acquire biotechnology partner ZymoGenetics Inc. for $885 million in another move by a major drugmaker to boost its pipeline by snapping up a smaller developer.
[AP] - Oracle Corp. founder Larry Ellison, one of the world's richest people, drew a pay package worth about $70 million during the company's most recent fiscal year.
[AP] - Hewlett-Packard Co. is suing the chief executive it ousted last month, Mark Hurd, to stop him from taking a top job at rival Oracle Corp.
[AP] - Stocks closed lower Tuesday following new worries about Europe's debt problems. Treasury prices rose and gold settled at a new high as investors sought out safe assets.
[AP] - Boeing Co. is slimming down its military aircraft business and cutting workers as the U.S. tightens defense spending and profit margins shrink.
[AP] - ABC's search for someone to preside over its news division comes as the Internet and cable television have made the job much different and more complex than what outgoing chief David Westin took over nearly 14 years ago.
[AP] - Motorists should see pump prices slide again after spending a little more to fill their tanks over the Labor Day weekend.
[AP] - President Barack Obama's proposed tax breaks for business sound like ideas that have enjoyed broad Republican backing in the past. But in today's toxic political atmosphere, he's unlikely to get much -- if any -- GOP help.
[AP] - Hewlett-Packard Co. is suing the chief executive it ousted last month, Mark Hurd, to stop him from taking a top job at rival Oracle Corp.
[AP] - The Obama administration is trying to jump-start its sputtering attempts to tackle the foreclosure crisis with an effort to assist homeowners who owe more on their properties than their homes are worth.
[AP] - The board of Casey's General Stores Inc. rejected the latest takeover bid from convenience store operator Alimentation Couche-Tard Inc., saying Tuesday that the $1.47 billion offer was too low.
[AP] - President Barack Obama will call on Congress to pass new tax breaks that would allow businesses to write off 100 percent of their new capital investments through 2011, the latest in a series of proposals the White House is rolling out in hopes of showing action on the economy ahead of the November elections.
[AP] - European Union nations agreed to create new financial oversight institutions Tuesday, hoping to prevent a repeat of the government debt crisis that nearly left Greece bankrupt and brought the European banking system to its knees.
[AP] - Fresh worries about European banks sent stocks lower early Tuesday. Treasury prices rose as investors sought out safe places to park their money.
[AP] - Burger King is introducing nine new breakfast items including blueberry biscuits and pancake platters and planning a major breakfast marketing blitz -- all with an eye toward eating up some of McDonald's morning business.
[AP] - The government said Tuesday it will auction warrants it received from two giant insurance companies as part of its efforts to recoup costs of the $700 billion financial bailout.
[AP] - Robert E. Diamond Jr., who built Barclays PLC into a global powerhouse in investment banking and has been criticized for his lavish pay, will become chief executive next year, the company announced Tuesday.
[AP] - The government says it will auction off warrants it received from two giant insurance companies as part of its efforts to recoup costs of the $700 billion financial bailout.
[AP] - Americans' economic struggles persisted in July, largely unchanged from the previous month, according to The Associated Press' monthly analysis of conditions around the country.
[AP] - The top executive at Kia Motors has resigned after the company recalled more than 100,000 vehicles worldwide over defective wiring, the automaker said Tuesday.