Nestle said Tuesday it would take full ownership of Swiss dermatology pharmaceuticals company Galderma, which had been a 50/50 joint venture with L'Oreal. It will use Galderma's management to form a new unit called Nestle Skin Health SA.
The newly established Commission for Logistics and Supply Chain Collaboration, which holds its first meeting Feb. 11, aims to develop a statewide strategy featuring a partnership between government and industry in the pursuit of raising the international profile of Michigan’s logistics capabilities.
A Northern California slaughterhouse has voluntary halted operations after recalling more than 8.7 million pounds of beef products. The recall, which began Jan. 13, was expanded on Saturday to include just over a year's worth of meat products.
The U.S. brought a trade complaint against India over a solar energy program it says discriminates against American manufacturers, adding another wrinkle to a bilateral relationship strained by the recent arrest and strip-search of an Indian diplomat.
The U.S. government says Bangladesh has not made sufficient progress on improving labor standards to justify reinstatement of duty-free trade benefits suspended after the global textile industry's worst disaster.
Top executives from Google, Microsoft, Yahoo, Facebook, AOL, LinkedIn, and Twitter published a joint statement and sent a letter Tuesday to President Barack Obama and members of Congress. The coalition urges changes that would include a government agreement not to collect bulk data from Internet communications.
Republican lawmakers in Tennessee threatened that the state could turn off the spigot of incentives for Volkswagen if workers at the automaker's plant decide this week to approve union representation.
Monday afternoon's blast at the New Hampshire Ball Bearings Inc. plant in Peterborough is being investigated but all indications were that it was an industrial-related incident, said Peterborough Fire Department spokesman Eric Bowman.
VietJetAir says it signed a deal to buy more than 90 A320 jets from Airbus that is worth about $9.1 billion at sticker prices. The discount airline and Airbus announced the deal Tuesday at the Singapore Airshow.
New General Motors CEO Mary Barra will get a pay package worth $14.4 million this year, 58 percent more than her male predecessor, the company said Monday. GM released the figure to counter reports that said Barra, the first woman to lead a major automaker, would be paid less than former Chairman and CEO Dan Akerson.
Growth has marched steadily downward over the past two years as Beijing clamped down on a spending boom that analysts worry has pushed debt to dangerous levels. That has meant less Chinese demand for imported goods from copper and cement to factory machinery and earth movers.
The city of Detroit says it will file a plan to emerge from bankruptcy next week, just days before a March 1 deadline. The disclosure was made Monday by attorney Bruce Bennett during a hearing in the case.
A U.S. business group is urging China to expedite recently announced economic reforms, saying it will smooth the way for an investment treaty being negotiated between the world's two largest economies.
Experts on leadership say the change in tone is a necessary cultural shift for a mature company transitioning into new businesses while letting go of past successes and missed opportunities.
With an eight-year turnaround from research to yield, Cargill's expansion in Fort Collins will reach into the next generation of oils to meet consumer needs including Omega 3 for brain and eye development, said Lorin DeBonte of Cargill Specialty Seeds & Oils.
According to FactSet data, the Internet company's market capitalization surpassed that of oil company Exxon Mobil Corp. last week. As of Friday's market close, it sat at $395.42 billion compared with the oil company's $392.66 billion.
The Portales News-Tribune reports that Trustee Clarke Coll asked a federal bankruptcy judge in Albuquerque last month to approve the sale of the Portales-based Sunland Inc. to Ready Roast Nut Co. in Hughson, California.
The key question is whether naproxen — the key ingredient in Bayer's Aleve and many other generic pain pills — carries a lower risk of heart attack and stroke than rival medications like ibuprofen, sold as Advil by Pfizer and Motrin by Johnson & Johnson, among others.
Airbus showed off its new wide-body A350 on Monday ahead of Asia's biggest airshow, signaling that the jet's delivery schedule is on track and stepping up its battle with Boeing for the lucrative long-haul market.
Honda Motor Co. said Monday it will recall a total of 81,353 units of its Fit and Vezel hybrid cars due to a transmission software problem that could prevent smooth starting.