Sanofi profits stable, strong sales in emerging markets

PARIS (AP) — Sanofi says drugs sales in emerging markets helped keep its profits stable in the first quarter despite losses caused by Venezuela’s collapsing currency. With early efforts for a Zika vaccine and several other drugs in the pipeline, Sanofi is trying to...

Australia blocks farm sale to Chinese over national interest

CANBERRA, Australia (AP) — Citing national interest, the Australian government on Friday blocked a Chinese-led consortium from buying the nation’s largest private land holding, a collection of Outback cattle ranches bigger than South Korea. Treasurer Scott Morrison...

Proposed rule would delay questions about criminal history

WASHINGTON (AP) — The Obama administration is proposing a rule that would prohibit federal agencies from asking certain job applicants questions about criminal and credit history until a conditional offer of employment has been made. The administration said that early...

High-speed rail board approves revised California plan

AP Photo/Rich Pedroncelli SACRAMENTO, Calif. (AP) — The board that oversees California’s high-speed rail project approved a revised $64 billion plan Thursday that calls for the train to go from the Central Valley to the San Jose area before it heads to Southern...

Former defense secretaries push for trade pact

WASHINGTON (AP) — Eight former secretaries of defense are pushing congressional leaders to back one of President Barack Obama’s top priorities and pass a free trade agreement they say is fundamental to national security. The bipartisan group has penned a letter...

K-tel creator Philip Kives has died at age 87

TORONTO (AP) — Philip Kives, the tireless TV pitchman whose commercials implored viewers to “wait, there’s more!” while selling everything from vegetable slicers to hit music compilations on vinyl, has died at age 87. Samantha Kives said Thursday that her...

How Amazon convinced you to pay up for shopping

AP Photo/Ross D. Franklin NEW YORK (AP) — Amazon is clearly entering its Prime. Meaning, of course, its $100 annual membership program, now a decade old, which has accomplished the remarkable feat of convincing millions of people to pay an annual fee for the privilege of,...

Gilead 1Q profit tumbles on slower hepatitis C drug sales

AP Photo/Eric Risberg WASHINGTON (AP) — Gilead Science Inc.’s earnings tumbled 17 percent in first quarter as steeper discounts and rebates on its blockbuster hepatitis C drugs cut into sales. The maker of Harvoni, the first once-daily, single-pill regimen for...

Southwest, Delta tangle over whether to cut or raise fares

DALLAS (AP) — No one should blame consumers for being perplexed by airfares – even the airlines themselves can seem confused at times. Southwest Airlines caught rivals and Wall Street by surprise when it cut many U.S. fares by $5 each way. The reduction this week...

House GOP seeks to block stricter rule on retirement savings

WASHINGTON (AP) — The GOP-controlled House has voted along party lines to overturn new Obama administration rules requiring stricter standards for brokers regarding retirement investments. Thursday’s 234-183 vote to reject the rules was driven by Republicans who warn...