Two independent studies—part of an experiment in lifting the veil on industry-sponsored trial data—found a Medtronic bone-growth product for spine surgeries was no better than a traditional operation.
Private-equity firms Altor and Bain Capital offered $1.08 billion for the fish-feed unit of Norway's Cermaq, after it rejected advances from rival Marine Harvest.
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Airbus is on track to more than double its profit margin by 2015 through greater efficiency and restructured management, said Chief Executive Fabrice Brégier.
Ulrich Spiesshofer will become ABB's chief executive effective Sept. 15, ABB said. He has been head of the discrete automation and motion division since 2009.
Companies controlled by Li Ka-shing bought a Dutch waste-management company, as the Hong Kong billionaire continued picking up infrastructure assets in developed markets.
Google's board has approved the terms of a proposed settlement with shareholders who have sued the search-giant in a bid to block its plan to issue a new type of stock that carries no voting rights.