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‘New’ GM seeks in filing to duck liabilities of ‘old’

As lawsuits fly, fight brews on pre-bankruptcy claims

Subscriber onlyGeneral Motors Co. and a team of trial lawyers are preparing for a court fight over whether the automaker is liable for the sins of its corporate past. Continue reading...

Novartis retools with two deals

GlaxoSmithKline, Eli Lilly pacts to affect 15,000 workers

Subscriber onlySwiss pharmaceutical firm Novartis AG started an overhaul of its business Tuesday, unveiling multibillion-dollar deals with Britain’s GlaxoSmithKline PLC and the U.S.’s Eli Lilly & Co. Continue reading...

FDA nears pitch for e-smoke rules

Flavored nicotine’s draw on kids a worry for regulators

Subscriber onlySmokers are increasingly turning to battery-powered vaporizers to get their nicotine fix. They’re about to find out what federal regulators have to say about them. Continue reading...

Existing-home sales fall to 20-month low as costs slow market

Subscriber onlySales of previously owned U.S. homes slipped in March to their lowest level since July 2012 as rising prices and a tight supply of available homes discouraged many potential buyers. Continue reading...

Stocks up again on deals, profits

Subscriber onlyCorporate deals and some solid earnings reports propelled the stock market to its sixth-straight gain Tuesday. Continue reading...

Earnings report

Subscriber onlyCompanies reporting quarterly earnings Tuesday included: Comcast Corp., the largest U.S. cable company, a profit of $1.87 billion, or 71 cents a share, up from $1.44 billion, or 54 cents a share, a year ago. Continue reading...

Business news in brief

Subscriber onlyQUOTE OF THE DAY “Sales are showing some lingering effects of the weather. It’s probably going to take a couple more months until you see a bounce.” Kevin Cummins, UBS Securities LLC economist, on March sales of previously owned homes Continue reading...

SEC’s eye on brokers’ stock routing

Subscriber onlyThe U.S. Securities and Exchange Commission is studying new rules that would require brokers to tell investors exactly where they sent a stock order to be filled, to address complaints that the decisions sometimes aren’t in clients’ best interests. Continue reading...

Transparent fare act clouds price picture, consumer groups say

Subscriber onlyWASHINGTON — Airlines have found new allies in their fight against a requirement that they include U.S. taxes and fees in their advertised fares: every member of a congressional panel overseeing the agency that created the rule. Continue reading...

Economy rebounds for 3rd month

U.S. growth-indicators index increases 0.8% for March

Subscriber onlyWASHINGTON — A measure of the U.S. economy’s health rose in March for the third consecutive month, a sign of stronger growth after harsh winter weather caused the economy’s pace to slow. Continue reading...

Business news in brief

Subscriber onlyQUOTE OF THE DAY “All five commissioners are very focused on these issues and are committed to making sure the market is fair and efficient and promoting capital formation.” Kara Stein, an SEC commissioner Continue reading...

Stock streak hits 5 days of gains

Subscriber onlyNEW YORK — The stock market logged its longest winning streak in six months Monday as another big week for company earnings began. Continue reading...

DNA screening speeds superseed creation

Subscriber onlyWOODLAND, Calif. — Alan Krivanek, a tomato breeder for Monsanto, dons a white protective suit, wipes his feet on a mat of disinfectant and enters a greenhouse to survey 80,000 seedlings. Continue reading...

Supreme Court hears challenge to streamed TV

Subscriber onlyFrom the moment billionaire media mogul Barry Diller joined the board of Aereo Inc. in 2012, he had a date with the U.S. Supreme Court. Continue reading...

Never-opened Las Vegas hotel denied an explosive end

Subscriber onlyLAS VEGAS — One by one, the grand old dames of the Strip outlived their charms — the Dunes, Stardust and Aladdin — and down they came, thanks to some well-rigged dynamite, in a booming flash of bravado and showmanship that became this city’s staple — the implosion. Continue reading...

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