Business » Corporate

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Pfizer Fined for Hiking Epilepsy Drug Price 2,600 Pct in UK

By Danica Kirka | Dec 9
British regulators fined U.S. drugmaker Pfizer and distributor Flynn Pharma a record 89.4 million pounds ($112.7 million) Wednesday for increasing the cost of an epilepsy drug by as much as 2,600 percent.

Coke Targets 'Foodies' As More People Move Away From Sodas

By Candice Choi | Dec 9
What beverage goes best with lobster rolls, a bagel sandwich stuffed with whitefish, or a bowl of ramen? Coke wants you to think of soda.

Innovation or A Monopoly? AT&T, Time Warner Go Before Senate

By Marcy Gordon | Dec 8
The CEOs of AT&T and Time Warner are heading to Capitol Hill in a bid to convince senators that a merger of their two companies will mean innovative new experiences for consumers.

Trump Threatens Payback for U.S. Companies That Move Abroad

By Paul Wiseman | Dec 7
President-elect Donald Trump is threatening to impose heavy taxes on U.S. companies that move jobs overseas and still try to sell their products to Americans.

Alaska Airlines Gets U.S. Approval to Buy Virgin America

Dec 6
Alaska Airlines has won government approval to buy rival Virgin America after agreeing to reduce its flight-selling partnership with American Airlines.

Obama Blocks Proposed Takeover of Germany's Aixtron

Dec 6
Citing a national security risk, President Barack Obama on Friday blocked a Chinese investor's proposed takeover of Aixtron SE, a German maker of semiconductor manufacturing equipment.

Some Rockefellers Call Out ExxonMobile Over Its Climate Change Record

Dec 4
Only on "CBS This Morning," members of the Rockefeller family are giving their first TV interviews about a public falling out with ExxonMobil.

Panel Urges Better Cybersecurity to President-Elect Trump

By Tami Abdollah And Darlene Superville | Dec 4
A presidential commission on Friday made 16 urgent recommendations to improve the nation's cybersecurity.

NY Tweaks Medical Pot Law but Still No Talk of Legalization

By David Klepper | Dec 4
New York is loosening restrictions in its nearly year-old medical marijuana law but, to the dismay of some pot advocates, there is no sign the state is in any hurry to join eight other states in embracing full legalization.

No More 'Melania Trump' Underwear or Honey for Slovenians

By Ali Zerdin | Dec 3
The future U.S. first lady has hired a law firm in her native country to protect her name and image from being used on numerous products that have sprung up since her husband, Donald Trump, was elected president.

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