CVS Health Corp. deliberately overcharged some pharmacy customers for generic drugs by submitting claims to their insurance companies at inflated prices, according to a lawsuit filed Thursday in federal court in San Francisco.
It hasn't been a good week for social media companies, not even for the usually reliable professional networking service LinkedIn Corp.
Chinese search engine Baidu, listed on the US Nasdaq market, said Thursday it is planning a $1.0 billion share buy-back programme over the next 12 months.
Predicting the risk of pirate attacks on vital shipping lanes could soon be easier, thanks to a data system that's just one of 364 technologies patented by the U.S. Navy (DoN) in 2014.
Japan's NEC said Thursday it remained stuck in the red during its fiscal first quarter largely owing to weakness in its telecom division, but was still on track for a full-year profit.
Sony said quarterly profit rose threefold as foreign exchange gains and sales of image sensors and Playstation 4 software helped offset declines elsewhere.
Samsung Electronics suffered a fifth straight drop in quarterly earnings as the Galaxy S6 failed to reverse its declining fortunes in global smartphone sales.
Nokia enjoyed a solid 60 percent rise in net profit in the second quarter, with a good performance in its core networks division suggesting the Finnish company is succeeding in turning its business around since selling its ...
Facebook reported a dip in its quarterly profit Wednesday but said revenues surged on mobile advertising gains, as its user base neared 1.5 billion.
Yahoo on Wednesday unveiled a new mobile application allowing users to exchange live video, text and emoticons, without audio.