Business Stories from July 27, 2012 (Change date)
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Horizon Pharma gets FDA approval of arthritis drug RayosJul 27, 2012 9:29 am - The Food and Drug Administration has given approval to Deerfield-based Horizon Pharma’s rheumatoid arthritis drug Rayos for sale in the U.S. “We are extremely pleased th...
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AMCOL International sees 6 percent 2Q net sales gainJul 27, 2012 9:28 am - Hoffman Estates based-International Corp. reported net sales increased 6.1 percent during the second quarter, which the company attributed to strong business in its mini...
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Chevron 2Q profit slips 7 percentJul 27, 2012 8:38 am - NEW YORK — Chevron says its net income fell nearly 7 percent in the second quarter as oil prices and production declined. The oil company earned $7.21 billion, or $3.66 ...
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Delta to shut down regional carrier ComairJul 27, 2012 8:37 am - NEW YORK — Delta Air Lines said Friday it will close its regional carrier Comair at the end of September as it switches more of its flying to bigger jets. Operating reg...
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U.S. economic growth slowed to 1.5 pct. rate in Q2Jul 27, 2012 8:36 am - WASHINGTON — The U.S. economy grew at an annual rate of just 1.5 percent from April through June, as Americans cut back sharply on spending. The slowdown in growth adds ...
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Stocks move higher, Dow crosses above 13,000Jul 27, 2012 8:00 am - NEW YORK — Faced with Facebook, Starbucks and Angela Merkel, the market chose to focus on Merkel. For a second day, the U.S. stock market powered higher after European ...
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Germany welcomes ECB promise to secure euroJul 27, 2012 6:50 am - BERLIN — Germany’s finance minister on Friday welcomed a pledge by the European Central Bank’s president to do what is needed to save the euro, though he also stressed t...
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Oil extends rise after ECB head vows to save euroJul 27, 2012 6:48 am - BANGKOK — Oil extended gains Friday in Asia after the European Central Bank chief promised to do what it takes to keep the euro currency union intact and China stepped u...
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Turf painting spreads as drought ravages lawnsJul 27, 2012 6:47 am - INDIANAPOLIS — When this summer’s drought turned her prized lawn brown, Terri LoPrimo fought back, but not with sprinklers: She had it painted green, making her suddenly...
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Airbus owner EADS ups targets, delays A350Jul 27, 2012 6:46 am - AMSTERDAM — Airbus parent company EADS NV on Friday announced a further delay to its new A350 aircraft as it reported second-quarter earnings that almost quadrupled from...