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The Galveston County Daily News : Business

July 24, 2014

Business

Top Story

FDA reviewing what could be first biosimilar drug

WASHINGTON, D.C. (AP) — The Food and Drug Administration is reviewing research data on what could become the first U.S.-approved "biosimilar" drug, a cheaper, sort-of generic version of a biologic drug.

  • icon Updated: 5:04 pm

Latest Headlines

Thursday 07/24/2014
Visa posts higher 3Q profit, revenue
Posted: July 24, 2014

FOSTER CITY, Calif. (AP) — Visa Inc. said Thursday that its profit climbed 11 percent in its fiscal third quarter versus a year earlier, aided by solid growth in payments volume, service revenue and transactions.

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Very bad week: Airline disasters come in a cluster
Updated: July 24, 2014 - 5:04 pm

WASHINGTON (AP) — Nearly 300 passengers perish when their plane is shot out of the sky. Airlines suspend flights to Israel's largest airport after rocket attacks. An airliner crashes during a storm, and yet another disappears. Aviation has suffered one of its worst weeks in memory, a cluster of disasters spanning three continents.

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Amazon shares fall on 2Q loss
Posted: July 24, 2014

SEATTLE (AP) — Shares of Amazon.com Inc. fell Thursday after the e-commerce retailer reported a larger than expected second quarter loss as expenses outpaced a surge in revenue.

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How the Dow Jones industrial average did Thursday
Posted: July 24, 2014

Major U.S. stock indexes ended roughly where they began Thursday, despite investors having to work through a busy day of corporate earnings and two economic reports.

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Starbucks US sales rise with help of revamped food
Updated: July 24, 2014 - 5:04 pm

NEW YORK (AP) — Starbucks said Thursday that its revamped breakfast sandwiches and other new menu items helped boost sales at its U.S. cafes.

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Oil falls on worries about US gasoline demand
Posted: July 24, 2014

The price of oil fell near $102 a barrel Thursday, erasing gains from the day before.

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Royal Caribbean and Facebook are big market movers
Updated: July 24, 2014 - 5:04 pm

NEW YORK (AP) — Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:

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US stocks end little changed after mixed news
Updated: July 24, 2014 - 5:04 pm

NEW YORK (AP) — U.S. stocks are ending little changed after a day of mixed signals on corporate earnings and the economy.

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