A Texas appeals court on Wednesday overturned a multimillion-dollar verdict against Merck & Co. in one of the few trials it lost over its withdrawn painkiller Vioxx.Read more »
Billionaire investor Carl Icahn is reportedly loading up on Yahoo Inc.'s stock in preparation for a possible attempt to shove aside the Internet icon's board and bring the company's disillusioned suitor, Microsoft Corp., back to the bargaining table. Read more »
The Air Force is expected this week to award either Lockheed Martin Corp. or Boeing Co. a contract worth about $1.8 billion to build eight next-generation global positioning satellites. Read more »
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