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Frank Gehry, designer of Los Angeles’s Walt Disney Concert Hall, is seeking projects in Asian countries including China and India as slower U.S. growth crimps development in the world’s largest economy.
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SAP AG, the largest maker of business management software, reversed losses in Frankfurt as its co-chief executive officers forecast higher sales of mobile products this quarter.
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Merck KGaA, the German maker of the Erbitux cancer drug, rose the most almost three years in Frankfurt trading after third-quarter profit beat analysts’ estimates on growth at the Merck Serono pharmaceutical and Millipore equipment businesses.
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The pound fell against the dollar, snapping five days of gains, and gilts rose amid mounting concern Europe’s leaders will be unable to find a solution to the euro-region debt crisis at a summit today in Brussels.
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Ace Ltd., the insurer that expanded by purchasing businesses in Asia and the U.S., is prepared to make more deals as market turmoil makes potential targets available, Chief Executive Officer Evan Greenberg said.
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The Bank of Canada cut its forecasts for growth through the middle of 2012 amid a weak U.S. economy and a projected recession in Europe. It said the expansion will accelerate more quickly than estimated starting later next year.
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U.S. House Ways and Means Committee Chairman Dave Camp will release a long-awaited proposal today to shield 95 percent of corporate profits earned offshore from taxation in the U.S.
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Marty Teevan, head of trading at Global Hunter Securities LLC, sued his former employer, Cantor Fitzgerald LP, in a contract dispute.
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Acciona SA, the Spanish construction firm that transformed itself into the fifth-biggest wind-energy producer, said it’s cutting investment spending and may reach its profit target two years later than planned because of the financial crisis.
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Merck & Co.’s Gardasil vaccine, used to protect girls from a virus that causes cervical cancer, should also be given to 11- or 12-year-old boys to reduce transmission of the infection, a U.S. advisory panel said.
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Steve Jobs was a remarkable man. Walter Isaacson’s “Steve Jobs” is a remarkable book, fully capturing its brilliant, maddening, sometimes appalling, always fascinating subject.
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Amy Winehouse, the singer and songwriter, died in July after drinking more than five times the legal drunk-driving limit, a London inquest heard today.
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The New York Jets waived center Colin Baxter, who started two games while starter Nick Mangold was out with a high ankle sprain, the National Football League team said.
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David Tepper’s Appaloosa Management LP is attempting to spark trading in commercial-mortgage securities by offering to buy and sell bonds with a face value of at least $8 billion after Wall Street firms pulled back from making markets in the debt.
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