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Business News
Prologis purchases KTR Capital for $5.9 billion
WASHINGTON (AP) -- Warehouse and distribution center operator Prologis Inc. says it has acquired KTR Capital Partners, which owns more than 300 industrial properties in the U.S....
04/19/2015 05:02:22pm
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Studies: Merck drug Keytruda effective against 3 cancers
TRENTON, N.J. (AP) -- One of the hot new cancer immunotherapy drugs, Merck & Co.'s Keytruda, strongly benefited patients with melanoma, lung cancer and mesothelioma, according to three studies presented Sunday at the American Association for Cancer Research conference in Philadelphia....
04/19/2015 02:56:45pm
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China's Central Bank to cut bank reserve requirement
BEIJING (AP) -- China's Central Bank said Sunday that it will cut its bank reserve requirement ratio by 1 percentage point to stimulate more lending into a slowing economy....
04/19/2015 07:11:05am
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US oil and natural gas rig count drops by 34 to 954
Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. declined by 34 this week to 954 amid depressed oil prices....
04/17/2015 07:50:53pm
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Recalls this week: blowers, bike hooks, mattresses, toys
A line of bike hooks that can unexpectedly detach from their mounting are among this week's recalled consumer products. Other recalls include mattresses that failed flammability standards and truck and motorcycle toys with excessive amounts of lead....
04/17/2015 06:50:45pm
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