Facebook Woos Chinese Advertisers

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Facebook is waging a charm campaign to draw more business from Chinese companies, even though Chinese users can’t access its service.

Abbott Labs Files to Sell Nearly a Third of Its Mylan Stake

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Abbott Laboratories filed to offer nearly a third of its stake in Mylan NV that it got from the recent sale of a portion of its generic-drugs business to the Netherlands-based drug maker.

Teva to Acquire Auspex in $3.2 Billion Deal

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Teva agreed to acquire Auspex, increasing the Israel-based drug maker’s presence in the market for treatments for central nervous system disorders.

Horizon Pharma to Buy Hyperion Therapeutics

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Horizon Pharma has agreed to purchase Hyperion Therapeutics for $955.7 million in cash, in a move to expand its drug portfolio by adding two treatments for a rare metabolic condition.

TV for Babies Is Here

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Most TV networks don’t target viewers any younger than four years old, but BabyFirstTV is testing that boundary.

Volvo to Open U.S. Plant

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Volvo said it plans to spend $500 million to build a new vehicle plant in the U.S., and said it will choose a state in about a month.

GM, Ford Make a Play for China's Luxury-Car Buyers

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Ford and GM will unveil new passenger cars at the New York Auto Show that take aim at the growing collection of buyers of luxury vehicles in China.

EIG Investing $1 Billion in Breitburn

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EIG Global Energy Partners agreed to invest $1 billion in Breitburn Energy Partners, as energy producers turn to alternative capital sources in an effort to bolster their balance sheets.

A Local Bank in Amish Country Flourishes

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Bank of Bird-in-Hand is the only new bank to open in the U.S. since 2010, when the Dodd-Frank law was passed.

India Rises as Importer of Coal

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India has recently been taking advantage of a global price slump to import more coal, while China is seeking to rely more on domestic sources.

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