MIRACLE DIET DRUG ELUSIVE: WASHINGTON (AP) - The battle of the bulge has been a big, fat failure for U.S. drugmakers. But that hasn't stopped them from trying.
NEW YORK (AP) - American International Group, the insurance company that was bailed out by the government in 2008, reported a $19.8 billion profit in the fourth quarter of last year, nearly all of it due to a tax-related accounting gain.
PLEASANTON (AP) - Safeway Inc. said Thursday that its profit slipped 6 percent in the fourth quarter as it paid more to stock its shelves.
NEW YORK (AP) - Pepsi is hoping to win back soda drinkers with a compromise.
PALO ALTO (AP) - Hewlett-Packard Co. plans to spend years turning itself around as it addresses internal problems and battles broader threats from smartphones and tablet computers.
CUPERTINO (AP) - Apple CEO Tim Cook says he believes the world's most valuable company has more money than it needs. His next challenge is to figure out whether Apple should break from the cash-hoarding ways of his predecessor, the late Steve Jobs, and dip into its $98 billion bank account to pay shareholders a dividend this year.
SAN FRANCISCO (AP) - California is clamping down on nosy mobile applications, telling them they must give people advance warning if they want to keep pulling sensitive information from smartphones and computer tablets.
PALO ALTO (AP) - Hewlett-Packard Co. CEO Meg Whitman pleaded for patience Thursday as she described operational challenges and other internal problems that contributed to a decline in earnings at one of the world's largest technology companies.
WASHINGTON (AP) - The housing market is flashing signs of health ahead of the spring-buying season.
WILMINGTON, Del. (AP) - A Delaware bankruptcy judge on Wednesday approved close to $370,000 in bonuses for 20 employees of Solyndra LLC, a solar panel manufacturer that received a half-billion dollar loan from the federal government before declaring bankruptcy.
LOS GATOS (AP) - Netflix's Internet video service is adding more marquee attractions as it braces for a new competitive threat from cable-TV provider Comcast Corp.
DETROIT (AP) - Federal safety regulators are investigating a problem with side air bags that may fail to inflate in a crash.
LOS ANGELES (AP) - Grubb & Ellis Co. said Tuesday it has sought bankruptcy protection as part of a deal to sell most of its assets to the parent of rival commercial real estate services company Newmark Knight Frank.
NEW YORK (AP) - Wal-Mart Stores Inc.'s business offers valuable insight into how Americans are reacting in the slow economic recovery: they will spend, but only if they believe they're getting the lowest prices.
DETROIT (AP) - Car shoppers today are less likely to end up with a lemon.
OAK BROOK, Ill. (AP) - McDonald's says a key sales metric slipped again in the U.S. as it faced "ongoing broad-based challenges" in May.
SAN FRANCISCO (AP) - Apple is expanding into home and health management as the company tries to turn its iPhones, iPads and Mac computers into an interchangeable network of devices that serve as a hub of people's increasingly digital lives.
SEATTLE (AP) - The Seattle City Council unanimously passed an ordinance Monday that gradually increases the minimum wage in the city to $15, which would make it the highest in the nation.