MetLife rolled out an asset management business focused on real estate and private-placement debt, hoping to draw yield-starved institutional investors to areas where it already has considerable experience.

The drugmaker Merck & Co. announced Tuesday that it will move its global headquarters within New Jersey as it looks to lower operating expenses and consolidate its properties.

California officials have reached a $25 million settlement with a company that sells end-of-life policies through funeral planners, state Controller John Chiang announced Monday.

MetLife rolled out an asset management business focused on real estate and private-placement debt, hoping to draw yield-starved institutional investors to areas where it already has considerable experience.

Principal Financial Group Inc. said Monday that it is buying AFP Cuprum S.A., a pension manager in Chile, for roughly $1.51 billion.

For critical Senate races, Republicans are turning to the playbook that served them so well in the 2010 elections. They're saturating the airwaves with political ads detailing the perils of "Obamacare" and the nation's growing debt.

North Carolina will reap almost $16 million from a national Medicaid fraud settlement involving Abbott Laboratories.

California and Illinois have made the biggest headlines, but unfunded pension liabilities are causing strife from New Hampshire to Oklahoma.