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Austerity in Europe Puts Pressure on Drug Companies

2012-02-24T05:00:28Z

PARIS —Profits at pharmaceutical companies have been declining or showing little growth for the last year as austerity measures across Europe lead to cuts in health care spending. Some analysts say this trend could continue until at least 2014. Budget ...

Europe Forecasts ‘Mild Recession’ for Euro Zone in 2012

2012-02-24T05:00:28Z

BRUSSELS — Europe’s economies are still on divergent paths, with Italy and Spain dragging down the region as it faces a mild recession this year that could turn far worse, an official forecast said Thursday. While almost all countries face ...

Bank of America Breaks With Fannie Mae

2012-02-24T05:00:27Z

Bank of America said Thursday that it would no longer sell new mortgages to Fannie Mae, underscoring tensions in a fight between giants of the home loan market over billions in losses in the housing bubble. The latest move represents ...

F.B.I. Bribery Case Falls Apart and Raises Questions

2012-02-24T05:00:27Z

The case seemed tailor-made for a movie: 22 business executives were arrested in an undercover sting in which F.B.I. agents posed as greedy bribe-taking officials seeking to arm their tiny African nation with grenade launchers and other military hardware. The ...

Gorsky of J.&J. Emerged From Its Sales Culture

2012-02-24T05:00:25Z

Alex Gorsky, the newly named chief executive of Johnson & Johnson, shares a crucial biographical detail with William C. Weldon, the man he is succeeding. Both got their starts as pharmaceutical sales representatives, a notoriously grueling job that — because ...

Salvadoran May Be Deported From U.S. for ’80 Murders of Americans

2012-02-24T03:13:30Z

An immigration judge in Florida has cleared the way for the deportation from the United States of Gen. Carlos Eugenio Vides Casanova, a former defense minister of El Salvador, finding that he assisted in acts of torture and murder committed ...

Khartoum Journal: Echoes of an Arab Revolution That Rocked Sudan, Circa 1964

2012-02-24T03:13:23Z

KHARTOUM, Sudan — Watching discontented youths across the Middle East chanting for change on television brings back a flood of memories and a smile for Rabi Hassan Ahmad. He was once like them, helping start an uprising in the Arab ...

U.S. and North Korea Hold Talks in China

2012-02-24T03:13:18Z

BEIJING — The first official talks between the United States and North Korea since a youthful new North Korean leader came to power were “serious and substantial,” the senior American negotiator said Thursday, and would extend into a second day. ...

Syria Accused of Crimes Against Humanity by U.N. Panel

2012-02-24T03:12:52Z

LONDON — A United Nations panel concluded Thursday that “gross human rights violations” had been ordered by the Syrian authorities as a matter of state policy, amounting to crimes against humanity. The panel of three investigators, led by Paulo Pinheiro, ...

Afghan Protests Over Burning of Korans Spread for 3rd Day

2012-02-24T03:12:27Z

KABUL, Afghanistan — The potential scope of the fallout from the burning of several copies of the Koran by American military personnel this week became chillingly clear on Thursday as an Afghan Army soldier turned his gun on NATO service ...