Financing
yFORT WORTH, Texas - The Texas Rangers got approval to exit federal bankruptcy protection, an anticlimactic end to one of the most contentious sales of a professional sports team.
FORT WORTH, Texas - The Texas Rangers exited federal bankruptcy protection on Thursday, an anticlimactic end to one of the most contentious sales of a professional sports team.
NEW YORK - Merck and Ariad Pharmaceuticals are restructuring how they develop a potential cancer drug, with Merck saying Wednesday it will cover all development costs in exchange for worldwide rights to the drug candidate.
NEW YORK - A currency devaluation in Venezuela, costs related to a bribery investigation in China and restructuring charges drove Avon Products Inc.'s profit down 64 percent in the first quarter.
DUBLIN - Fraud detectives arrested Anglo Irish Bank's former finance director Wednesday on suspicion of aiding the cover-up of massive losses at the debt-crippled Dublin lender.
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