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Pfizer's $14B nets cancer-drug firm

Subscriber onlyPfizer will pay about $14 billion to buy cancer drug developer Medivation in a cash deal aimed at fortifying its hold in one of the hottest and most lucrative areas of medicine. Continue reading...

In family-run firms, giving up power can mean fight to death

Subscriber onlyNEW YORK -- The drama surrounding Sumner Redstone and the corporate governance of Viacom hasn't been an endorsement for publicly held companies controlled by a single family. Continue reading...

Crop mobs boon to small farms

Volunteers weed, harvest, renew connection to the earth

Subscriber onlyBOLTON, Vt. -- Want to help local farms, get your hands dirty in the field and learn about how food is grown? Join a crop mob. Continue reading...

FCC to vote on lower rates for business-data services

Subscriber onlyA $45 billion market is facing its biggest regulatory threat yet -- a measure that would dramatically cut the phone bills of businesses across the country. Continue reading...

NYC mayor's Rx for hospitals disputed

Subscriber onlyNew York City's public hospitals are in critical condition, with costs rising and revenue plummeting. There's no dispute about that diagnosis. Health policymakers, hospital administrators and budget watchdogs say the problem is with Mayor Bill de Blasio's proposed cure. Continue reading...

GM to spend $90M to upgrade plant

Subscriber onlyMARION, Ind. -- General Motors said Monday that it plans to spend about $90 million to update equipment at an Indiana factory that supplies many of the company's assembly plants. Continue reading...

Pfizer spends $14B on Medivation in cancer fight

Pfizer will pay about $14 billion to buy cancer drug developer Medivation in a cash deal aimed at fortifying its hold in one of the hottest and most lucrative areas of medicine. Continue reading...

Automakers ditch Detroit, head to coast

Silicon Valley increasingly tapped for software talent

Subscriber onlyFor the first time in America's industrial history, the center for automotive technology is drifting away from Detroit. Continue reading...

Small businesses find mobile link crucial

Subscriber onlyNEW YORK -- GreenPal CEO Bryan Clayton came to realize he had to scrap his company's $90,000 website. Continue reading...

Minnesota Hmong get help farming, finding a market

Subscriber onlyHASTINGS, Minn. -- Xai Tou Yang stands by an oversized gray bin, bundling his harvest of long beans inside a refrigerated pole barn near this city southeast of Minneapolis. Continue reading...

State's jobless rate still at 3.9%

Economists cite steady recovery

Subscriber onlyArkansas' unemployment rate remain unchanged in July at 3.9 percent compared with June, the U.S. Bureau of Labor Statistics said Friday. Continue reading...

Suit targets firm's retirement plan

Morgan Stanley picked funds for firm’s profit, filing claims

Subscriber onlyMorgan Stanley and its board are accused in a lawsuit filed Friday of mismanaging the firm's 401(k) retirement plan and costing 60,000 employees hundreds of millions of dollars by picking inappropriate and high-priced investments, some of which were managed for the firm's own profit. Continue reading...

Fed: Allied must raise capital or sell

Bank’s assets down from $175M in ’12 to $66M in June

Subscriber onlyThe Federal Reserve has ordered Mulberry-based Allied Bank to raise more capital or sell itself. Continue reading...

Bank mergers on pace to top '15 level

Subscriber onlyU.S. regulators looking to avoid bailouts of too-big-to-fail banks have passed so many rules that regional and local lenders are combining to bear the costs. Continue reading...

Florida county boosts mosquito protection

Subscriber onlyWEST PALM BEACH, Fla. -- As the number of cases of locally acquired Zika virus grows in Miami-Dade County, Palm Beach County hotels and tourism hot spots are expanding efforts to both eliminate mosquitoes on their properties and keep out-of-town visitors and other guests from being bitten. Continue reading...