10/17/2013 - 3:51pm

Matthew Shay, president and CEO of the National Retail Federation, released a statement on the decision to reopen the federal government through Jan. 15 and raise the debt ceiling until Feb. 7. Shay said that while the agreement provides some satisfaction, it essentially continues debate and postpones difficult economic decisions that must be made.

10/17/2013 - 3:14pm

L’Oréal has announced that it is looking to acquire from Japanese group Shiseido the Decléor and Carita brands.

10/17/2013 - 2:39pm

As knock-off versions of biotech drugs get closer to reality in the United States, one issue that has emerged has centered on what to call them.

10/17/2013 - 2:25pm

Competition and consolidation within the Brazilian market has heated up in recent years, prompting Empreendimentos Pague Menos SA, Brazil’s second-biggest drug store company, to step up its growth strategy and eye potential mergers and acquisitions. When asked about future expansion plans during a recent interview with Bloomberg, CEO Francisco Deusmar de Queiros said he would consider such U.S. partners as CVS Caremark and Walgreens.

10/17/2013 - 12:21pm

Kroger on Thursday announced that Michael Ellis will be named president and COO, effective Jan. 1, 2014, completing the succession plan announced in September.

10/17/2013 - 12:01pm

Nestle is planning to launch a cup version of its popular Butterfinger candy bar next year, the company said.

10/17/2013 - 11:47am

Procter & Gamble’s CoverGirl has tapped music star Katy Perry to be the newest face of the beauty brand.

10/17/2013 - 11:42am

Prasco Labs will distribute an authorized generic for reducing serum phosphate in patients with end-stage renal disease under a contract with Shire, Prasco said Thursday.

10/17/2013 - 11:27am

Generic drug maker Mylan has appointed Jacek Glinka as president of its European division, the company said Thursday.