Business

Business Fiat Chrysler to buy back about 300,000 pickups
Fiat Chrysler will buy back about 300,000 Ram pickup trucks in the biggest such action in U.S. history as part of a potentially expensive deal with U.S. safety regulators to settle legal problems in about two-dozen recalls, two people briefed on the matter say.
Business Allergan to acquire Naurex as Teva talks continue
Allergan PLC, the Dublin-based pharmaceutical giant, announced Sunday it has agreed to buy Naurex, a developer of drugs for depression and other central nervous system disorders, for $560 million.
Business Scary headlines don't deter investors
The U.S. economy is growing at a painfully slow pace. Greece still threatens the euro. Chinese stocks have just pulled out of a frightening free-fall. Big companies in the U.S. are struggling to boost profits.
Business U.S. new-home sales hit June slump U.S. new-home sales hit June slump
Fewer Americans bought new homes in June, a possible sign that the real estate market might not be as hot as it appeared at the start of summer.
Business Mega-health deals bloom, Anthem bids $48 billion for Cigna Mega-health deals bloom, Anthem bids $48 billion for Cigna
Anthem is buying rival Cigna for $48 billion in a deal that would create the nation's largest health insurer by enrollment, covering about 53 million U.S patients.
Business Appeals court revives challenge to consumer agency Appeals court revives challenge to consumer agency
A federal appeals court on Friday revived a legal challenge to the Consumer Financial Protection Bureau, the federal office created to protect consumers in financial dealings with banks, lenders and credit card companies.
Business Amazon's value surpasses Wal-Mart after surprise profit surge Amazon's value surpasses Wal-Mart after surprise profit surge
It's official: Amazon is bigger than Wal-Mart. Shares of Seattle-based Amazon surged 15 percent on Friday after the e-commerce powerhouse reported a surprise second-quarter profit and a better-than-expected 20 percent jump in revenue.