Johnson & Johnson approaches Actelion about takeover deal

Johnson & Johnson approaches Actelion about takeover deal

U.S. healthcare company Johnson & Johnson (JNJ.N) said on Friday it was in preliminary talks with Actelion (ATLN.S) about a potential takeover of Europe's largest biotech firm, currently valued at about $20 billion. Lung disease specialist Actelion confirmed it had been approached and said there was no certainty a deal would occur. An acquisition of the Swiss company would boosts…

Clinton team to take part in U.S. state vote recount, Trump blasts effort

Clinton team to take part in U.S. state vote recount, Trump blasts effort

Democrat Hillary Clinton's campaign will take part in a recount of Wisconsin votes in the U.S. presidential race, an effort Republican winner Donald Trump called "ridiculous" on Saturday. Wisconsin's election board on Friday approved the recount requested by Green Party candidate Jill Stein. She has said she wants to guarantee the integrity of the U.S. voting system since computer hacking…

Cuba’s Fidel Castro made revolutionary mark on history

Cuba’s Fidel Castro made revolutionary mark on history

The son of a wealthy landowner, Fidel Castro turned his back on a life of privilege to lead a left-wing revolution in Cuba that endured for decades and was shaped by his political cunning, keen sense of destiny and boundless ego. Castro, who has died at the age of 90, was at once idealistic and pragmatic, sharply intelligent and reckless,…

Dow Surges to Fresh All-Time High on Trump-Fueled Momentum

Dow Surges to Fresh All-Time High on Trump-Fueled Momentum

A day after voters chose to send Donald Trump to the White House, the expectation of less austerity and more pro-business policies propelled the Dow Jones Industrial Average to a fresh all-time high. The Dow easily sailed above its previous intraday record high of 18668 points at the opening bell, rising 218 points, or 1.18% by the close of trade.…

Alibaba Singles’ Day Sales Tops 2015 Total, But Growth Slows

Alibaba Singles’ Day Sales Tops 2015 Total, But Growth Slows

Alibaba's Singles' Day sales surged past last year's 91.2 billion yuan ($13.36 billion) total with nearly nine hours left on the clock, but growth was markedly slower than in 2015 as shoppers sought even bigger price cuts. Amid fanfare and celebrity razzmatazz, sales on Alibaba's platforms had raced to a billion dollars in under five minutes and within the first…

Trump: The Unconventional Candidate Looks to Conventional Economic Team

Trump: The Unconventional Candidate Looks to Conventional Economic Team

Donald Trump was an unconventional candidate, but now that he’s been elected president he’s assembling a fairly conventional Cabinet of key economic advisers plucked right from the Republican mainstream, the Fox Business Network has learned. People inside the Trump camp say the President-elect has signaled he wants to select billionaire financier Wilbur Ross as his Commerce Secretary, and continues to…

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