Solvay Inc. acquires rights to market, sell pain drug 11/22/2008
MARIETTA - Solvay Pharmaceuticals, Inc., headquartered at 901 Sawyer Road in Marietta, has announced a product license agreement with Depomed, Inc. under which Solvay will have exclusive rights to market and sell Gabapentin GR for the treatment of neuropathic pain in the United States, Canada, Mexico and Puerto Rico.
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Waiting for Obama 11/22/2008
WASHINGTON - While President-elect Barack Obama publicly sidelined himself during congressional debate over an auto industry bailout this week, he and his top aides quietly prodded congressional leaders to find a solution to rescue struggling automakers.
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Dow up 11/22/2008
NEW YORK - Wall Street put a stop to a terrifying decline and stormed higher Friday as President-elect Barack Obama appeared ready to tap the chief of the New York Federal Reserve as the next treasury secretary and hand him the herculean task of righting the U.S. financial system.
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CEOs flying high despite crashing U.S. economy 11/21/2008
Some in Congress pounced this week on what they view as the hypocrisy of auto executives flying on corporate jets to Washington to ask for public help. Corporations insist riding on private planes is not a lavish perk, but rather a necessary security requirement for top officials that also helps them be more efficient.
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Black Friday may be grim 11/21/2008
NEW YORK - After pushing steep discounts throughout November that are usually reserved for the day after Thanksgiving, retailers from Kohl's to Toys "R" Us are offering even bigger cuts and promotions for Black Friday in a frantic bid to pull in shoppers.
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Markets' levels worst in five years 11/21/2008
NEW YORK - Stocks plunged for a second straight day Thursday, falling to levels not seen in at least five years as financial and energy stocks tumbled while demand for the safety of government debt spiked.
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Activists: Tobacco settlements up in smoke 11/21/2008
In 2006, Alaska desperately needed cash to complete a museum featuring a mummified bison and other natural wonders of the frozen north. So the state dipped into its share of the landmark 1998 tobacco settlement.
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Big Three aid headed for defeat; blame game ensues 11/20/2008
WASHINGTON - A Democratic Congress, unwilling or unable to approve a $25 billion bailout for Detroit's Big Three, appears ready to punt the automakers' fate to a lame-duck Republican president.
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Premium air travel fell 8 percent in September 11/20/2008
ATLANTA - The number of passengers traveling on premium airline tickets dropped 8 percent in September, reflecting the severity of the global financial crisis and a slump in the confidence of manufacturers in the U.S., Japan and Europe, an industry trade group said in a report Wednesday.
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Wall Street pulls off last-minute rebound 11/19/2008
NEW YORK - Wall Street rebounded Tuesday in another turbulent session, as investors rushed back into the market after the Standard & Poor's 500 index tested a 2003 low.
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