Business News
Sanofi earnings slashed in first quarter
Sanofi 1Q net drops 45 percent as generic competition slashes sales of Plavix, other drugs
Oil trades above $91, recovering from big drop
Oil price rebounds above $91 a barrel on ECB interest rate cut after drop on large supplies
Fed keeps stimulus, says taxes and cuts have hurt
Fed stands by stimulus and says tax increases and spending cuts have slowed economy
Around the world, angry workers unite on May Day
In cities across the world, anger and frustration reign on May Day as workers make demands
Stocks sink on economic worries; Dow off 138
Signs of slowing economy yank stock market lower; Dow off 138
430 dead so far in Bangladesh building collapse
Toll rises to 430 dead in Bangladesh building collapse; authorities say 149 are still missing
Unemployment rates fall in 90 pct. of US cities
Unemployment rates fall in 90 percent of US cities as more Americans give up job search
Judge gives major break in GM theft case
Judge orders relatively short sentences for couple in GM hybrid secrets case
Visa card use up but 2Q profit slips nearly 2 pct
Visa's fiscal 2Q card use rises worldwide, but net income slips against prior-year tax benefit
Oil sinks on China manufacturing and US supplies
Oil sinks to $91 a barrel as China manufacturing slows, US crude supplies grow
Asia stocks down on US, China economic fears
Asian stock markets fall after US, China manufacturing growth show a slower pace for April
Abused disabled Iowa plant workers awarded $240M
Jury awards $240 million to 32 mentally disabled Iowa turkey plant workers for years of abuse
Obama signs legislation ending FAA furloughs
Obama signs bill to fix flight delays stemming from spending cuts that led to FAA furloughs
Time Warner 1Q earnings climb, beats Street
Time Warner earnings up in 1st quarter, beats Street, credits TV networks
Viacom 2Q profit falls, but beats expectations
Viacom reports lower fiscal 2nd-quarter net income but beats expectations, shares rise
J.C. Penney ad apologizes to customers
J.C. Penney ad addresses 'mistakes,' says co. learned to listen to customers
US construction spending down 1.7 percent in March
US construction spending fell 1.7 percent in March led by big drop in government building
Detroit boosted by truck sales; Honda, Nissan gain
Detroit automakers report double-digit US sales increases in April, led by pickup trucks
1st Chinese automaker in US to open Calif. plants
First Chinese-owned automaker in US to open plants in Calif., build electric-powered buses
Stocks sink as economic outlook dims; Dow off 138
Worsening outlook for the economy pulls stocks sharply lower on Wall Street; Dow off 138



