Have the markets entered an IPO time warp? This week, Chinese deals were red-hot. Take a look at Youku.com. In Wednesday’s debut, itsstock soared 161% to $33.44, raising $203 million. It marked the best return since Baidu hit t…
Dell confirmed Thursday it’s in exclusive buyout talks with Compellent Technologies, but the proposed buyout price for the data storage company is apparently less than what investors were betting on. Compellent shares fell as m…
On Wednesday, a Minneapolis jury ordered Johnson & Johnson subsidiary Ortho-McNeil-Janssen Pharmaceuticals to pay an 87-year-old man $1.7 million because its antibiotic Levaquin damaged his Achilles tendons. It was the first ve…
Ford plans to invest $600 million in a Kentucky plant to build the next-generation Escape SUV, creating an 1,800 additional jobs, the automaker said Thursday. The new jobs will be added incrementally after the Louisville Assemb…
A U.S. District Court judge will not dismiss allegations against Toyota for problems related to sudden unintended acceleration in certain car models, as the automaker had hoped.
Continue reading Court Rejects T…