- Pfizer Mystery Drug for Alzheimer's Awaits Validation of Russian Promise Doctors may learn next month that Dimebon, a 27-year-old hay fever treatment and one of the most mysterious compounds yet tried to fight dementia, is poised to become their newest and perhaps best weapon against Alzheimer’s.
- Germany Said to Want GM to Boost Opel Restructuring Aid Before State Help Germany wants General Motors Co. to increase its contribution to the Opel unit’s reorganization before considering whether to provide state aid, according to two people familiar with the matter.
- Kim Jong Il Doubles North Korea Factory Visits to Prop Up Failing Economy North Korean leader Kim Jong Il has doubled the number of trips he makes to factories and power stations, signaling his regime’s growing efforts to prop up a failing economy hit by United Nations sanctions.
- Sugar Boom's End in Sight on `Huge Increase' in Brazil Output, Licht Says Raw sugar prices probably will decline from a 29-year high this year as a “huge increase” in production driven mainly by Brazil may balance the market, according to German research company F.O. Licht.
- Sick U.K. Economy Has Edinburgh Stock Pickers Seeking Earnings From Abroad Edinburgh’s managers of U.K. stock funds are taking the “U.K.” out of their investments.
- Recovery in U.S. Accelerating as Corporate Spending Rises Most Since 2006 Evidence of a self-sustaining U.S. recovery is emerging on the factory floors of Texas Instruments Inc. The second-largest U.S. chipmaker will spend almost $1 billion this year to expand three factories and open a fourth to fill orders.
- Roubini Sees `Very Dismal U.S. Growth as Summers Rues `Human Recession' Nouriel Roubini, the New York University professor who anticipated the financial crisis, said the U.S. growth outlook remains “very dismal” and White House economic adviser Lawrence Summers said the economy is still mired in a “human recession.”
- Politicians Can't Wait for Bankers to Find Global Harmony on Regulations Politicians under pressure from angry voters to show progress on financial reform are losing patience with bankers waiting to reach global harmony on new rules.
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