The richest Americans'share of national income has hit a postwar record, surpassing the highs reached in the 1990s bull market, and underlining the divergence of economic fortunes blamed for fueling anxiety among American workers.
Is there too much health care? Consumer Reports says yes in citing over $2 trillion in national health care costs and pointing out 10 of the most over-prescribed treatments.
WASHINGTON (Oct. 12) - U.S. regulators approved a new AIDS treatment made by Merck &Co, the first in a new class of drugs aimed at preventing replication of the virus, Merck said on Friday.
(Oct. 10) - In a move to expand its burgeoning MGM Grand-branded casino-resorts, MGM Mirage announced today a roughly $5 billion project for a new resort in Atlantic City, N.J.
ATLANTA (Reuters) - Lipsticks tested by a U.S. consumer rights group found that more than half contained lead and some popular brands including Cover Girl, L'Oreal and Christian Dior had more lead than others, the group said on Thursday.
NEW YORK (AP) - Business software maker Oracle Corp. said Fridayit has proposed to buy software maker BEA Systems Inc. for morethan $6.66 billion (euro4.69 billion), in a bid to expand itsproduct portfolio and better compete with chief rival SAP AG.
WASHINGTON (AP) - More than 90,000 children's products, mostimported by J.C. Penney Co. Inc., were recalled Thursday forcontaining dangerous levels of lead, a government safety groupannounced.
