Valeant Pharmaceuticals International Inc. is buying Solta Medical Inc. for about $250 million. Valeant will pay $2.92 per Solta share, which is a 40 percent premium to its Friday closing price of $2.09. Shares of Solta surged on the news Monday.
Global electronic components distributor Digi-Key Corporation announced that it has surpassed one million in-stock components available for immediate shipment, accessible via the new and improved Digi-Key Bill of Materials (BOM) Manager.
Once China's must-have gadget, the iPhone has seen its explosive popularity squeezed as the market filled with lower-priced rivals from Samsung to ambitious local brands. Some analysts say anybody who wants an iPhone and can afford it already has one.
In a workshop at Grand Junction's Business Incubator Center, employees with Apex CAD Products use three-dimensional printers to make an array of items for customers, from models of dental implants and vertebrae for medical professionals to working parts for machines.
Google's $12.4 billion purchase of Motorola Mobility was widely seen as a way for Google to acquire patents to defend its Android operating system from intellectual property lawsuits. Yet Motorola hasn't given up on making phones. In August, it started selling the Moto X, the first smartphone assembled in the United States.
U.S. workers boosted their productivity from July through September at the fastest pace since the end of 2009, adding to signs of stronger economic growth.The Labor Department said Monday that productivity increased at a 3 percent annual rate in the third quarter.
Tire-maker Michelin says it is recalling about 1.2 million tires sold in the U.S. because an increasing number are experiencing tread loss or rapid air loss. The tires are commonly used for pickup trucks, heavy-duty vans, small RVs and commercial light trucks.
The development of the engine cover for the all-new Ford Mustang is the most recent example of the use of this technology. Ford uses 3D printing to quickly produce prototype parts, shaving months off the development time for individual components used in all of its vehicles, such as cylinder heads, intake manifolds and air vents.
An explosion Sunday at a steel plant near Detroit killed one worker and injured two others, United States Steel Corp. said. Operations were halted at the plant while an investigation began.
New cars and trucks sold in the U.S. last year got an average of 23.6 miles per gallon (10 liters per 100 kilometers) in combined city and highway driving, a record that came mainly through improvements to engines and transmissions, according to the Environmental Protection Agency.
GE Aviation and the University of Dayton are marking the grand opening of a $53 million electrical power research and development center in southwest Ohio. The center will work to develop advanced electrical systems, and can analyze, simulate and test power systems in planes.
Twelve miners were able to scramble to safety but 22 others remained trapped, the news office of the prefecture in Xinjiang region said on its official microblog. China News Service reported that rescuers were searching for the trapped miners and that it was unclear whether there were injuries or fatalities among them.
The producer price index, which measures prices before they reach the consumer, declined 0.1 percent last month, the Labor Department said Friday. This comes after similar decreases in October and September.
Boeing and Puget Sound-area machinists can't even agree on how their latest contract talks came to an end. Local machinists spokesman Bryan Corliss said Friday that the company withdrew its latest contract offer after union leaders told Boeing Co. they could not recommend the proposal to members.
Toyota will seek to settle hundreds of lawsuits involving alleged unintended acceleration problems in its vehicles, according to a U.S. District Court filing in California. A motion filed Thursday by Toyota and plaintiffs asks for an order to establish an "intensive settlement process" in personal injury, wrongful death and property damage cases.
The NEC codifies the requirements for safe electrical installations into a single, standardized source. It is part of the National Fire Codes series published by the National Fire Protection Association (NFPA®), and while not itself a U.S. law, NEC use is commonly mandated by state or local law.
The Chicago-based aerospace company said the reorganization will result in fewer research jobs in Washington state and California and is being undertaken to better meet the needs of its commercial airplane, military and space and security units.
Australian Prime Minister Tony Abbott on Thursday urged Toyota Motor Corp. to continue manufacturing cars in the country, a day after General Motors Co. announced it would follow Ford Motor Co. in ceasing production here due to high costs, market fragmentation and fierce competition.
The USDA Food Safety Inspection Service reported unsanitary conditions including rodent activity. FSIS has suspended the assignment of inspectors at the establishment, and the investigation is ongoing. It was discovered during the ongoing investigation that additional products should be removed from commerce.
American Airlines, fresh out of bankruptcy and newly merged with US Airways, said Thursday that it will buy 90 new regional jets from Brazil's Embraer S.A. and Canada's Bombardier Inc. and use them to replace smaller, less fuel-efficient planes.