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Business News

Intermune Shares Soar
After hours: FDA panel recommends lung scar treatment drug approval; Facet agrees to takeover bid.

Oil King Warns Of 'Green Bubble'
Touting $90 billion expansion plan, Saudi Aramco chief says no matter how fast alternatives are ramped up, world will depend on oil for decades to come.

Chevron Slashes Jobs
Merck & Co., Sanofi-Aventis announce merger of animal health businesses.

Obama's Greek Get Together
The President meets with Greece's Prime Minister amid call for a clampdown on speculators.

Islamic Finance Moves Toward Common Standards
Regulation should help provide a basis for the industry's expansion.

Finance News

Asia's Heroes Of Philanthropy
One Hong Kong hotelier, building schools in China and Myanmar, sets an example for others.

Asia's Heroes Of Philanthropy
One Indian benefactor, who promotes clean water and hygiene, sets an example for others.

Asia's Heroes Of Philanthropy
One Australian miner, determined to help Aborigines, sets an example for others.

Asia's Heroes Of Philanthropy
A reclusive Malaysian billionaire's extensive charity work is an example for others.

Bull Market Requires A Healthy Consumer
High debt, bad policy bode ill for stocks.

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