By MATTHEW PERRONEAP Health Writer
WASHINGTON (AP) - Federal and state prosecutors have collected more than $30 billion from drug companies for alleged fraud and illegal marketing over the last 20 years, according to a new report by consumer advocacy group Public Citizen.
The report shows that
By MARCY GORDONAP Business Writer
WASHINGTON (AP) - Average U.S. rates on fixed mortgages fell again to new record lows. The decline suggests the Federal Reserve's stimulus efforts may be having an impact on mortgage rates.
Mortgage buyer Freddie Mac said Thursday that the rate on the 30-
By MARK JEWELLAP Business Writer
BOSTON (AP) - Discover Financial Services shares rose more than 7 percent Thursday, after the company said credit card use increased and more customers paid off their card balances on time in its fiscal third quarter. That news overshadowed a slight earnings
By GREG KELLERAP Business Writer
PARIS (AP) - The chief executive of PSA Peugeot Citroen, France's largest carmaker, admits his company is "in the eye of the hurricane" as Europe's car makers face an expected 6th straight year of falling sales in 2013.
And things aren't expected to
By DAVID PITTAssociated Press
BONDURANT, Iowa (AP) - A winning $202 million Powerball ticket was purchased at a convenience store in the suburban Des Moines city of Bondurant, but nobody had claimed it by midday Thursday.
Iowa lottery officials encourage people to consult with an attorney or
By JOE McDONALDAP Business Writer
BEIJING (AP) - China's biggest steelmaker said Thursday it has shut down a mill in Shanghai in a new sign of weakening growth in the world's second-largest economy.
Baosteel Group's announcement adds to a drumbeat of bad news including a decline in
By NICHOLAS PAPHITIS
ATHENS, Greece (AP) - Greece's coalition government reached a "basic agreement" Thursday on a new round of harsh austerity cuts demanded by its international lenders.
The measures, secured after weeks of fruitless efforts, had to be agreed or Greece would have been cut
By BRIDGET MURPHYAssociated Press
BOSTON (AP) - Chemist Annie Dookhan was "Superwoman," a colleague at a Massachusetts state crime lab used to joke. She seemed unstoppable in her quest to please prosecutors, police and her bosses, testing two to three times more drug samples than anyone else,
By JESSE WASHINGTONAP National Writer
BRIDGEPORT, Ohio (AP) - To look at Ohio is to glimpse America in a nutshell - a state full of places where laborers, truck drivers, cooks, store clerks and business owners form the backbone of small-town life. Places where the deli cashes checks, cars and
By TOM LoBIANCOAssociated Press
INDIANAPOLIS (AP) - Richard Mourdock became one of the tea party's biggest winners of the 2012 primary season when he knocked off veteran Indiana Sen. Richard Lugar in a brutal campaign built on his contention that Lugar was too old, too out of touch and too