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Last Updated Apr 29, 2016 01:05AM

The $40 billion in new health-care deals announced Thursday shows there’s more to M&A than tax breaks. Abbott Laboratories agreed to buy St. Jude Medical Inc., a maker of heart devices, for $25 billio...

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  • U.S. economy may not spring back from weak winter
    This time, you can’t blame it on the weather. For the third year in a row, the U.S. economy started the year with a dose of the blues as gross domesti...
    Updated Apr 29 2016 01:05 am   |     |   Share
  • Ameriprise weighs adding financial advisers
    Ameriprise Financial Inc. Chief Executive Officer Jim Cracchiolo is looking for chances to add financial advisers as new government regulation on reti...
    Updated Apr 29 2016 01:05 am   |     |   Share
  • On autopilot with target-date funds: Points to consider
    New York • What’s in your 401(k)? For more of us, the answer is just a single fund. Target-date retirement funds aim to make investing simple, and tha...
    Updated Apr 29 2016 01:05 am   |     |   Share
  • Viacom eyes full-year Paramount loss after flops
    Viacom Inc. projected a loss this fiscal year for the Paramount Pictures studio and reported a “modest” decline in cable subscribers, adding to the tr...
    Updated Apr 29 2016 01:05 am   |     |   Share


MORE MONEY STORIES
  • Goldman legal fee fight turns on ‘VP inflation’
    Not all 13,000 Goldman Sachs vice presidents are created equal. Almost seven years after the firm alerted prosecutors to what it said was a potentiall...
    Updated Apr 29 2016 01:05 am   |     |   Share
  • FILE - In this June 5, 2014, file photo, travelers check in at a Southwest Airlines ticket counter at Love Field in Dallas. Southwest Airlines caught rivals and Wall Street by surprise when it cut many U.S. fares by $5 each way, applicable to tickets bought within seven days of departure. Meanwhile, Delta Air Lines was busy raising fares on domestic routes by $5 each way. And it did not match Southwest’s lower fares where the two carriers compete, a Delta spokesman said Thursday, April 28, 2016. (AP Photo/LM Otero, File) Southwest, Delta tangle over cutting, raising fares
    Dallas • No one should blame consumers for being perplexed by airfares — even the airlines themselves can seem confused at times. Southwest Airlines c...
    Updated Apr 28 2016 06:06 pm   |     |   Share
  • Bombardier gets $5.6B Delta contract for jets
    Bombardier Inc. landed the coveted U.S. customer it’s been seeking for its C Series narrow-body jetliner, as Delta Air Lines agreed to buy at least 75...
    Updated Apr 28 2016 06:00 pm   |     |   Share
  • FILE - In this Thursday, July 19, 2012, file photo, DreamWorks Animation CEO Jeffrey Katzenberg, center, plays with Madagascar characters, Alex the lion, right, and Kowalski the penguin, left, during a groundbreaking opening of DreamWorks studios in Redwood City, Calif. Comcast is buying DreamWorks Animation, the film company behind the Shrek, Madagascar and Kung Fu Panda franchises, for approximately $3.55 billion, the companies announced Thursday, April 28, 2016. DreamWorks will become part of the Universal Filmed Entertainment Group, which includes Universal Pictures. Once the deal closes, DreamWorks co-founder and CEO Katzenberg will become chairman of DreamWorks New Media. He’ll also serve as a consultant to NBCUniversal, a unit of Comcast Corp. (AP Photo/Paul Sakuma, File) How Comcast will look with DreamWorks
    With DreamWorks Animation, Comcast adds several movie franchises — among them, “Shrek,” “Madagascar” and “Kung Fu Panda” — to its growing entertainmen...
    Updated Apr 28 2016 05:54 pm   |     |   Share
  • Nevada gambling revenue down 3% in March
    Las Vegas • Nevada gambling revenue dropped 3 percent in March compared with last year, weighed down by bettors playing less baccarat and casinos havi...
    Updated Apr 28 2016 05:51 pm   |     |   Share
  • FILE - In this May 13, 2015, file photo, Google’s new self-driving prototype car is presented during a demonstration at the Google campus in Mountain View, Calif. Fiat Chrysler and Google’s self-driving car project are in advanced talks to form a technical partnership, a person familiar with the discussions confirmed Thursday, April 28, 2016. (AP Photo/Tony Avelar, File) Fiat Chrysler, Google in partnership talks
    Detroit • Fiat Chrysler and Google’s self-driving car project are in advanced talks to form a technical partnership. The talks were confirmed Thursday...
    Updated Apr 28 2016 05:48 pm   |     |   Share
  • FILE - This Nov. 9, 2014, file photo, shows signage outside the Amgen headquarters in Thousand Oaks, Calif. Amgen Inc. reports financial results on Thursday, April 28, 2016. (AP Photo/Mark J. Terrill, File) Amgen sales, profit jump, raises profit forecasts
    Amgen beat and then raised profit expectations after surging sales of its medicines, tight cost controls and other factors lifted the biologic drugmak...
    Updated Apr 28 2016 05:45 pm   |     |   Share
  • TV pitchman Philip Kives dies at age 87
    Toronto • Philip Kives, the tireless TV pitchman whose commercials implored viewers to “wait, there’s more!” while selling everything from vegetable s...
    Updated Apr 28 2016 05:45 pm   |     |   Share
  • FILE - In this March 16, 2010, file photo, financier Carl Icahn poses for photos upon arriving for the annual New York City Police Foundation Gala in New York. Billionaire investor Icahn has sold his stake in Apple, citing concerns about the giant tech company’s prospects in China. Apple’s stock fell 9 percent during the last week of April 2016 after it reported a sizeable drop in iPhone sales. Icahn, a longtime booster, told CNBC he still thinks Apple is a ’great company.’ But he said he worries about Chinese regulators, who recently blocked Apple’s online services. Apple has been hoping to expand in China. (AP Photo/Henny Ray Abrams, File) Carl Icahn sells Apple stake, citing China worries
    Billionaire investor Carl Icahn has sold his stake in Apple, citing concerns about the giant tech company’s prospects in China. Apple’s stock fell 9 p...
    Updated Apr 28 2016 05:42 pm   |     |   Share
  • FILE - This June 4, 2014, file photo, shows Amazon boxes in Phoenix. Amazon reports financial results Thursday, April 28, 2016. (AP Photo/Ross D. Franklin, File) How Amazon convinced you to pay up for shopping
    New York • Amazon is clearly entering its Prime. Meaning, of course, its $100 annual membership program, now a decade old, which has accomplished the ...
    Updated Apr 28 2016 05:39 pm   |     |   Share
  • FILE - In this July 9, 2015, file photo, a man walks outside the headquarters of Gilead Sciences in Foster City, Calif. Gilead Sciences reports financial results on Thursday, April 28, 2016. (AP Photo/Eric Risberg, File) Gilead profit tumbles on slower hepatitis C drug sales
    Washington • Gilead Science Inc.’s earnings tumbled more than 17 percent in the first quarter as steeper discounts and rebates on its blockbuster hepa...
    Updated Apr 28 2016 05:33 pm   |     |   Share
  • Former defense secretaries favor trade pact
    Washington • Eight former secretaries of defense are pushing congressional leaders to back one of President Barack Obama’s top priorities and pass a f...
    Updated Apr 28 2016 05:33 pm   |     |   Share
  • Symantec cuts forecasts; CEO Brown steps down
    Symantec Corp., the world’s biggest maker of cyber-security software, cut its earnings and sales forecasts for the fiscal fourth quarter and said Chie...
    Updated Apr 28 2016 05:12 pm   |     |   Share
  • Domino’s tumbles as competition slows sales
    Domino’s Pizza Inc. fell the most in almost four years after heightened competition from fast-food rivals slowed its sales growth. While first-quarter...
    Updated Apr 28 2016 04:57 pm   |     |   Share
  • ‘American Idol’ last show in bankruptcy court
    The producers of what was once the most popular TV show in the U.S., “American Idol,” filed for bankruptcy Thursday in New York, drawing the curtain o...
    Updated Apr 28 2016 04:36 pm   |     |   Share
  • Bullion buyers get gift from Bank of Japan
    A day before Japan starts its Golden Week holidays, central bank Governor Haruhiko Kuroda has handed a surprise present to bullion investors. Kuroda a...
    Updated Apr 28 2016 04:27 pm   |     |   Share
  • Facebook, St. Jude surge; GNC and AbbVie skid
    New York • Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq stock market: NYSE • St. Jude ...
    Updated Apr 28 2016 04:03 pm   |     |   Share
  • FILE - In this Nov. 29, 2015, file photo, travelers walk to their gates at O’Hare International Airport in Chicago. Airline schedule changes aren’t always a bad thing. Savvy travelers can use them to their advantage to book the flights they want without paying expensive change fees. (AP Photo/Nam Y. Huh, File) How airline schedule changes can save you money
    New York • Airline schedule changes are often frustrating. Suddenly a mid-morning flight shifts to one leaving before sunrise or a leisurely layover t...
    Updated Apr 28 2016 01:09 pm   |     |   Share
  • Johnson & Johnson hikes dividend to shareholders
    Health care giant Johnson & Johnson is increasing its dividend for the 54th consecutive year, news that cheered shareholders at a low-key annual meeti...
    Updated Apr 28 2016 01:06 pm   |     |   Share
  • KUTV’s parent buys KJZZ from Millers
    Sinclair Broadcasting, parent company of KUTV-Ch. 2, has agreed to buy KJZZ-Channel 14 from Larry H. Miller Communications. The sales price — $6.5 mil...
    Updated Apr 28 2016 04:45 pm   |     |   Share