Mark Lanier is no ordinary trial lawyer. His success has been such that he lives on a 25-acre estate near Houston and hosts lavish parties for (...)

A pedestrian walks outside a Merck & Co facility in New Jersey. Photograph: Emile Wamsteker/Bloomberg

Merck & Co said today it has agreed to pay $100 million to resolve all US product liability lawsuits involving its NuvaRing contraceptive product.(...)

 Wolseley’s strong performance boosted CRH, whose shares added 1.78 per cent to end  at €17.97

European stocks rebounded yesterday as investors decided that the US government shutdown is unlikely to make a fundamental difference to growth.Shares(...)

A worker  outside a Merck facility in  New Jersey, US, yesterday.  The  drugmaker  will eliminate  8,500 of its 81,000 global workforce  in its latest revamp. Photograph: Emile Wamsteker/Bloomberg

Merck, taking a cue from rival drugmakers that have slashed research spending to bolster earnings, has said it plans to cut annual operating costs by(...)

Executives of British drug maker GlaxoSmithKline in China have confessed to charges of bribery and tax law violations after initial questioning by Chinese police, China’s security ministry said today. Photograph: Toby Melville/Reuters.

Executives of British drug maker GlaxoSmithKline in China have confessed to charges of bribery and tax law violations after initial questioning by Ch(...)

Sales of asthma drug Singulair plunged 75 per cent as generics came on the market. Photograph: Chris Hondros/Getty Images

Merck & Co Inc reported disappointing first-quarter sales on a surprising downturn for its Januvia diabetes medicine, the company’s biggest(...)