Broker Regulation

Michigan voters will decide next week on a labor-backed ballot proposal that would strengthen municipal workers' union rights, even as some deficit-plagued cities look to cut pay and other benefits negotiated through collective bargaining.

German drug and chemical maker Bayer AG said Tuesday it is buying U.S. vitamin and supplement maker Schiff Nutrition International Inc. for $1.2 billion (930 million) in a cash deal it hopes will bolster the offerings of its consumer health division.

Cardinal Health posted a 15 percent jump in first-quarter net income as sales of low-cost generic drugs rose.

Youd think health insurance CEOs would be chilling the bubbly with Republican Mitt Romney's improved election prospects, but instead theyre in a quandary.

Promising to work with "good Democrats," Republican presidential candidate Mitt Romney called Friday for "bold changes" to help revive the economy as he began to outline a closing economic argument for voters.

Mitt Romney is trying to close the deal with voters by promising to revitalize the economy, an area where polling shows the Republican presidential nominee has an edge heading into the final days of the campaign.