Apple, Google, and 3M may top Bloomberg’s list of the world’s most innovative companies, but they’re not the biggest research and development spenders – not even part of the Top 20. Out of 1,000 publicly traded companies with the highest R&D spending in 2009, here are the Top 10, according to a survey by management-consulting firm Booz & Co.:
As scientists close the gap on doping detection, athletes bent on cheating can still game the system. Stricter enforcement from league authorities is critical to redeeming sports scandalized by doping – cycling, baseball, and potentially the NFL.
The Justice Department has announced a $3 billion settlement against GlaxoSmithKline for improper marketing prescription drugs in the late 1990s to the mid-2000s. It may sound like a lot of money, but really is just a drop in the bucket for Big Pharma.
Bill Gates calls it historic first that poor nations will get same child vaccines as rich nations. Bill Gates's foundation pledges more than $1 billion toward effort.
The American consumer is coming back, and big, boring companies are on the rise
Stocks fell initially on Japan's latest earthquake, but recovered some of their losses. The Dow average dropped 17 points; the S&P 500 index fell 2 points.