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Medical equipment supplier Becton Dickinson & Co has agreed to buy CareFusion Corp, a maker of infusion pumps and other medical devices, for US$12.2 billion in cash and stock, marking the latest multibillion-dollar healthcare sector deal.
NEW YORK: The Dow and S&P 500 extended their run of record high closes for a fourth session on Monday, led by transportation and healthcare shares.
NEW YORK: The Dow and S&P 500 eked out a fifth session of record closing highs on Tuesday, barely extending the market's recent rally in light volume as consumer discretionary shares gained.
BEIJING: The Chinese government said it will soon settle its antitrust investigation of US mobile chipmaker Qualcomm Inc.
WASHINGTON: It is one of the contradictions of the US economic boom: the unemployment rate has fallen to the lowest level in six years, but workers’ wages have remained almost flat.