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Monday October 15th, 2018 3:40PM

AP Business - Consumer News

Cardinal Health paying $26.8 million in FTC settlement
NEW YORK (AP) — Cardinal Health will pay $26.8 million as part of a settlement with the Federal Trade Commission over charges it monopolized the sale in 25 markets of diagnostic drugs known as low-ene...
2:20PM ( 3 years ago )
Bristol-Myers: 2 cancer drugs beat 1 against melanoma
PHILADELPHIA (AP) — Giving patients with advanced melanoma two Bristol-Myers drugs that work differently held the deadly skin cancer at bay far longer than just one, though the combination's considera...
1:21PM ( 3 years ago )
GM ignition switch death toll rises to 87
DETROIT (AP) — Families of at least 87 people killed in crashes caused by defective General Motors ignition switches will get compensation from the company.Attorney Kenneth Feinberg, who was hired by...
12:49PM ( 3 years ago )
L'Oreal reports higher first quarter sales
PARIS (AP) — French cosmetics giant L'Oreal says it pulled in 6.44 billion euros ($6.9 billion) in sales in the first quarter, 14 percent higher than a year earlier thanks to double-digit growth acros...
12:48PM ( 3 years ago )
UK fish sticks maker taken over for $2.8 billion
LONDON (AP) — Nomad Holdings Ltd. has agreed to buy Iglo Foods Holding Ltd., the frozen food company that introduced fish sticks to Britain in the 1950s, for 2.6 billion euros ($2.8 billion).Based in...
12:38PM ( 3 years ago )
Chinese property developer Kaisa defaults on dollar bonds
HONG KONG (AP) — A struggling Chinese property developer says it has defaulted on dollar-denominated debt, exposing international creditors to potential losses as it grapples with a slumping property...
11:31AM ( 3 years ago )
Morgan Stanley beats Street 1Q forecasts
NEW YORK (AP) — Morgan Stanley on Monday reported first-quarter earnings of $2.31 billion.The New York-based bank said it had earnings of $1.18 per share. Earnings, adjusted for one-time gains and cos...
10:56AM ( 3 years ago )
Volcker says US bank oversight ineffective, seeks overhaul
WASHINGTON (AP) — Former Federal Reserve Chairman Paul Volcker is calling for a reshaping of the U.S. financial oversight regime, which he says is splintered and ineffective.A public policy group led...
9:28AM ( 3 years ago )
Studies: Merck drug Keytruda effective against 3 cancers
TRENTON, N.J. (AP) — One of the hot new cancer immunotherapy drugs, Merck & Co.'s Keytruda, strongly benefited patients with melanoma, lung cancer and mesothelioma, according to three studies presente...
2:56PM ( 3 years ago )
US oil and natural gas rig count drops by 34 to 954
Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. declined by 34 this week to 954 amid depressed oil prices.Houston-based Baker Hughes s...
7:50PM ( 3 years ago )