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Economic Imbalances, Divergences Top EU Agenda, President Says - Bloomberg.com

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Feb. 9 (Bloomberg) -- European Union leaders need to work harder to prevent economic imbalances within the bloc that threaten the “fragile” recovery, President Herman Van Rompuy said. “In the regular assessment of macroeconomic, structural and financial developments, we will focus on
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Glaxo to Stop Pain Research, Start Rare-Disease Unit (Update1) - Bloomberg.com

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Glaxo will also focus on discovering new medicines for Alzheimer’s and Parkinson’s diseases and multiple sclerosis, the London-based company said today in a statement. Chief Executive Officer Andrew Witty said an expanded cost-savings program would bring job cuts affecting “hundreds
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