A judge has dismissed a shareholder lawsuit alleging that Coca-Cola Co. used its control over its largest bottler, Coca-Cola Enterprises, to maximize its profits at the expense of the bottler's shareholders.
Two million starter kits of the first over-the-counter weight loss pill approved by federal regulators were sold in the five months since it first hit shelves, GlaxoSmithKline said Monday. The figure was in line with the drugmaker's expectations.
The popular online social network Facebook Inc. is being sued by a woman who alleges it has profited from its members sending thousands of unauthorized text messages to mobile phone users whose numbers previously belonged to other people.
Genzyme Corp. on Monday won backing from Bioenvision Inc. shareholders to acquire the biotechnology company for $345 million (?243.54 million), closing a contentious process in which the shareholder vote was reopened to secure majority support.
Apple Inc.'s fiscal fourth-quarter profits jumped 67 percent to cap a year that saw unprecedented momentum in its Macintosh computer business, continued demand for iPods and the successful launch of the iPhone.
With a daily roundtrip commute of 120 miles (200 kilometers), Marie Czapiewski needed good gas mileage in her new car but didn't want to give up a V6 engine for something less powerful.
Discount store operator Target offers shoppers an unusual message about its gift cards at some stores, advising that they are biodegradable. "Just make sure you spend them first,"the displays conclude.
The state's attorney general said Monday that he would sue the U.S. Environmental Protection Agency in an attempt to force it to decide whether to let California and 11 other U.S. states impose stricter standards on certain vehicle emissions.
Hitachi Ltd. is pulling out of the household computer business in the latest shift among Japanese electronics makers to refocus their sprawling operations.
Samsung Electronics Co. said Tuesday it has developed a more advanced flash memory chip that will allow increased data storage in digital products such as music players.