Novartis biosimilar copycat takes aim at Amgen’s drug Enbrel
ZURICH (Reuters) – The U.S. Food and Drug Administration has accepted Novartis unit Sandoz’s regulatory submission for approval of a biosimilar copy of Amgen’s blockbuster Enbrel drug, the Swiss drugmaker said on Friday.
Pacific trade ministers vow to reach deal but extra time needed
ATLANTA (Reuters) – Trade ministers from a dozen Pacific nations meeting in Atlanta extended talks on a sweeping trade deal until Saturday in a bid to get a final agreement on the most ambitious trade pact in a generation.
Pacific trade pact talks move into third day, hang in the balance
ATLANTA (Reuters) – Trade ministers from a dozen Pacific nations meeting in Atlanta extended talks on a sweeping trade deal into a third day in a move officials said would either produce a breakthrough or send them home with the future of the agreement in doubt.
Merrill Lynch must face class action for role in Zale buyout
(Reuters) – Merrill Lynch must defend its role in the $690 million sale of the Zale Corp jewelry chain after a judge refused on Thursday to dismiss a shareholder class action that alleged the deal short-changed investors.
Volkswagen says emission scandal investigations to take months
BERLIN (Reuters) – Volkswagen said on Thursday it would take longer than expected to investigate its rigging of vehicle emissions tests, raising the prospect of months of uncertainty for customers, shareholders and staff.
JPMorgan to pay most in $1.86 billion swaps price-fixing settlement: Bloomberg
(Reuters) – JPMorgan Chase & Co is set to pay almost a third of a $1.86 billion settlement to resolve claims that a dozen big banks conspired to limit competition in the credit-default swaps market, Bloomberg reported.
EU antitrust chief says Apple, Google cases show no U.S. bias
BRUSSELS (Reuters) – Europe’s antitrust chief dismissed on Friday accusations of anti-U.S. bias over her decision to go after Google for abusing its Internet search dominance and Apple over an Irish tax deal, saying such talk was a fallacy.
UAW rejects Fiat Chrysler contract; strikes loom
DETROIT (Reuters) – Fiat Chrysler Automobiles NV’s U.S. workers soundly rejected a four-year contract the automaker had agreed with the UAW, the union said on Thursday, setting the stage for at least localized strikes against the automaker.
Wall Street ends up slightly, investors await jobs data, earnings
(Reuters) – The S&P 500 and the Nasdaq closed slightly higher on Thursday in a choppy start to the fourth quarter as investors waited for the monthly U.S. jobs report and the quarterly earnings season.
Wall Street says ready if Joaquin hits New York
NEW YORK (Reuters) – Wall Street has a new risk on its radar: Hurricane Joaquin.
