European Union leaders are unlikely to reach agreement at their summit next week to prolong economic sanctions on Russia that expire in July, a senior EU official said on Friday.
U.S. Securities and Exchange Commission Chair Mary Jo White on Thursday defended the process her agency follows when deciding whether to grant regulatory waivers to companies that break the law, saying it is not a "knee-jerk exercise."
Johnson & Johnson sued rival drugmaker GlaxoSmithKline PLC on Thursday, alleging that Glaxo is trying to unlawfully grab market share with false advertising at the start of spring allergy season in the United States.