Business

Allergan and Pfizer to merge

Real-estate mogul Donald Trump isn't happy with Pfizer and Allergan's Monday announcement that the two companies would merge to form a corporate drug-making behemoth. "He will be responsible for the oversight of all Pfizer and Allergan's combined commercial businesses, manufacturing and strategy functions", the joint statement read.

Business

More stores open doors on Thanksgiving

J.C. Penney will open 3 p.m. Thursday and stay open until 10 p.m. on Friday. This year, JCPenney will try to one-up its competitors by opening at 3 p.m. Retailers that open Thanksgiving want to have first crack at customers' wallets and increase their chances of capturing shoppers' dollars. "I plan to spend Thanksgiving cooking a fabulous meal for my family", Andrea Mills said.

Business

A final earnings report from a vanished company -- Hewlett-Packard misses

Revenue was down 9 percent from the 2014 fourth quarter. The results exclude some one-time expenses. The numbers were below the 97 cents a share on $26.36 billion in revenue that analysts expected. Revenue in HP's personal computer and printer businesses fell about 14 percent, pushing Hewlett-Packard Co's overall revenue down for the fifth straight quarter.

Business

Calpers' Hidden Private-Equity Fees: $3.4 Billion

That would hold even assuming CalPERS' roughly 1 percent management fee and 15 percent carried-interest rate on commitments in its most recent fiscal year are lower than others can negotiate. CalPERS, for one, has been hard-pressed to keep up with looming obligations. "Calpers has invested in many funds that are no longer active, no longer included in our portfolio", he said.

Business

The Latest Update about Samsung Galaxy S7 and S7 Edge

The Samsung Galaxy S6 Edge and S6 Edge plus featured a curved display on its left and right sides. With the Galaxy S6, Samsung made some pretty bold changes that did pay off and made it arguably one of the best smartphones released this year and the best Galaxy S flagship yet.

Business

Weekend-born babies slightly more likely to die in their first week

The death rate among babies born on weekends was 7.1 per 1,000, compared with 6.5 per 1,000 for those born on a weekday, the Imperial College London researchers reported. A spokeswoman for NHS England said: "Most mums say they get excellent NHS maternity care, but for a small number of families that is not the case and it's vital that we take every step to continuously improve quality and safety".


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