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Strong sales of Barbie and toys tied into Disney/Pixar’s “Cars 2″ helped Mattel’s second-quarter net income rise 56 percent, the largest U.S. toy maker said Friday.
Net income for the three months ended June 30 rose to $80.5 million, or 23 cents per share, from $51.6 million, or 14 cents per share, last year. Analysts expected […]
The media throughout the world like to portray themselves as the defender of the public good, a steadfast bulwark against government excess, a fearless watchdog ready to root out criminality.
But what happens when the press goes rogue, when reporters and editors break the law, and violate common decency as well? When reporters hack into a […]
The government of one province in Argentina has declared an emergency to help towns where ash from Chile’s erupting volcano is endangering livestock and keeping tourists away.
The emergency in Neuquen province follows similar measures in other parts of Patagonia where agriculture has been hit by accumulating volcanic ash.
The decree issued Thursday by Gov. Jorge Sapag […]
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Poland’s economic growth, which remained close to the fastest pace since 2008 in the first quarter, will probably slow as private investment lags behind economists’ expectations.
The EU’s largest eastern economy expanded 4.4 percent from a year earlier in the first three months, boosted by rising private consumption and exports to countries including Germany, the […]
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The Food and Drug Administration approved Vertex Pharmaceuticals Inc.’s hepatitis C drug Incivek Monday, making Incivek the second new treatment to be approved in the last two weeks.
Incivek is a highly-anticipated pill that is expected to have annual sales in the billions. It is approved for patients who have some liver damage from hepatitis C […]
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Scientists say Iceland’s most active volcano, Grimsvotn, has started erupting.
Iceland’s Meteorological Office confirmed Saturday that an eruption had begun, and local media said smoke could be seen coming from the volcano.
Grimsvotn lies under the uninhabited Vatnajokull glacier in southeast Iceland.
It last erupted in 2004. Scientists have been expecting a new eruption and have said previously […]
OTTAWA — There are no limits to the amount of foreign debt financing that a Canadian telecommunications company can raise, a lawyer for the federal government argued Wednesday at a hearing on whether the parent company of Wind Mobile passes as Canadian.
The Federal Court of Appeal is hearing the case after a lower court ruled […]
Centene Corp. has joined other health care providers in choosing alternatives to a prenatal drug being marketed by KV Pharmaceutical Co., because the drug’s price is still about 40 times greater than what consumers have paid for it in recent years.
Centene, the Clayton-based manager of Medicaid services for several states, is reimbursing physicians who offer […]
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Specialty glass maker Corning Inc. said Wednesday its first-quarter profit fell 8 percent, largely because of a higher tax rate. But its revenue surged 24 percent on robust sales of glass for flat-screen televisions, computers and mobile devices.
The results beat Wall Street expectations. Its shares rose 1.5 percent in afternoon trading.
The world’s largest maker of […]
The picture is improving for unemployed job seekers.
In February, hiring picked up and the ratio of unemployed seekers to available jobs improved to reach the lowest level since the end of 2008, according to the latest government readings released Wednesday.
The Labor Department reported that there were 3.1 million job openings in February, up […]
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