Business news

Venture funding for startups still surging

Investors pumped some $32.5 billion into more than 1,800 venture-backed companies around the world in the past quarter, amid feverish interest in tech startups, a survey showed Thursday.

dateJul 23, 2015 in Business
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Nike offers partial refund to end FuelBand lawsuit

Nike will give partial refunds or gift cards to people who bought FuelBand fitness trackers in the last 3 1/2 years, resolving a lawsuit that says the products can't accurately tally how many steps a user is taking or how ...

dateJul 28, 2015 in Business
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Healthy profit rise for Philips

Rising sales of medical equipment helped drive a 12 percent increase in second quarter net profit at Dutch electronics manufacturer Philips, the company said Monday.

dateJul 27, 2015 in Business
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Lawsuit accuses CVS of overcharging for generic drugs

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.

dateJul 31, 2015 in Business
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