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Merck posted an 18 percent jump in first-quarter income, beating Wall Street expectations, as reduced spending on marketing, administration and research easily offset lower sales of its medicines outside the U.S.
LEXINGTON, Ky. (AP) — Five years ago, Mike Repole was living the dream. He had already made his share of an estimated $4.1 billion fortune from the sale of the company that produced Vitaminwater, and now he had himself a Kentucky Derby favorite with a horse named Uncle Mo.
By Rod Nickel ANZAC, Alberta (Reuters) - A massive wildfire near Fort McMurray in Alberta, Canada, that has grown to five times its initial size has spread south, forcing more evacuations on Thursday after 88,000 people fled the city in the nation's energy heartland. The weather forecast has called for cooler temperatures and possible rain, offering hope that controlling the blaze could become easier. Late Wednesday, flames fanned south from Fort McMurray, the main city in Canada's oil sands region.