A top General Motors executive said he doubts Japanese auto makers would use the weaker yen to launch a price war in the U.S. this summer even as they face softer revenue at home.
FDA staff said a proposed sleep drug from Merck was effective, but questioned the safety of the product's higher doses. Merck is seeking FDA approval of a drug called suvorexant to treat insomnia. The product will be reviewed Wednesday by an FDA advisory committee.
Next month, iShares, the largest ETF provider by assets, will do something it hasn't done in more than a decade: close one of its 290 ETFs. Experts say that highlights the complications that arise when funds drop out.
President Obama says you have to work twice as hard if you are black. Do you agree?
A new wave of private firms that cater to clients' every imaginable financial need are increasingly courting the merely wealthy. Here's what they offer.
To earn yields of 5% or more, investors are turning to more complex fare, such as high-yield corporate bonds, preferred stocks and real-estate investment trusts.