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Amgen outlines growth plan, rules out break-up

Biotechnology company Amgen, facing pressure from activist investor Daniel Loeb, Tuesday unveiled plans to implement deeper job cuts, lift shareholder payouts and increase revenues to more than $20 billion in 2015.

dateOct 28, 2014 in Business
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Nintendo sinks to loss on lagging Wii U sales

Nintendo Co. sank to a loss for the fiscal year ended March as sales of its Wii U game machine continued to lag, but the Japanese manufacturer of Pokemon and Super Mario games promised Wednesday to return to profit this year.

dateMay 07, 2014 in Business
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