Personal Economics
  • Allergan Chief Executive David Pyott speaks during an interview in New York July 8, 2014. REUTERS/Shannon Stapleton

    Allergan agrees to Actavis deal for $66 billion

    By Reuters and Svea Herbst-Bayliss

    The offer values Allergan at $219 per share, compared with its Friday close of $198.65. Valeant's latest cash-and-stock offer is currently worth about $54 billion. (Reporting by Caroline Humer;...

  • A sign is seen at an AstraZeneca site in Macclesfield, central England May 19, 2014. Britain's Prime Minister David Cameron said the government would continue to talk to both Pfizer and AstraZeneca after the British drugmaker on Monday rejected a sweeten

    Merck KGaA says Pfizer deal exclusive

    By Ludwig Burger and Ben Hirschler, Reuters

    "This is an exclusive collaboration in the PD-1, PD-L1 space," said Belen Garijo, who will take over leadership of Merck's healthcare business from next year. She added that the two sides could...

  • A sign is seen at an AstraZeneca site in Macclesfield, central England May 19, 2014. Britain's Prime Minister David Cameron said the government would continue to talk to both Pfizer and AstraZeneca after the British drugmaker on Monday rejected a sweeten

    Pfizer dampens Astra bid hopes by signing German Merck cancer deal

    By Ludwig Burger and Ben Hirschler, Reuters

    FRANKFURT/LONDON (Reuters) - Pfizer punctured investor expectations of a renewed bid for AstraZeneca on Monday by signing a major cancer drug deal with Germany's Merck KGaA , reducing the U.S. firm's...

  • Fending Off the High Cost of a Fender Bender

    ‘Tis the season for fender benders. Roughly 13 percent of car accidents occur in parking lots, according to Nationwide Insurance , and during the holiday shopping season those lots can get crowded...

  • Chief Executive of AstraZeneca Pascal Soriot leaves after appearing at a commons science committee hearing at Portcullis House in London May 14, 2014.  REUTERS/Luke MacGregor

    German Merck, Pfizer in cancer immunotherapy deal

    By Reuters

    The two companies will develop Merck's so-called anti-PD-L1 agent as a single therapy as well as in combinations with Pfizer's and Merck's portfolio of approved and experimental drug candidates...