A cancer drug used to treat colon, head and neck cancer is said to boost survival rates in patients with certain type of lung cancer. Janet Babin reports dramatic Erbitux trial results could make prescriptions explode.
Norwegian-born businessman and science enthusiast Fred Kavli wanted to give something back. Thus was created the Kavli prize for nanoscience, neuroscience and astrophysics. Janet Babin has more.
Gap reported sales were down for the 15th straight quarter, but profits are up 40 percent. Janet Babin reports why the company made money, why it's bleeding customers and what it could do to turn things around.
For the first time, cancer doctors and researchers have put the abstracts of their cancer studies online in advance of their major annual meeting later this month. And you can bet Wall Street has been poring over the reports. Janet Babin has the story.
Cancer has replaced heart disease as the number one killer of people in their 40's and 50's, and this means growth in oncology drug sales. Janet Babin reports that by 2012, the cancer drug market is set to grow to $80 billion.
Wal-Mart says sales have started to follow the pay cycle — trailing off as money runs out before the next paycheck comes. And Bank of America is seeing more people paying for basics with credit cards. Janet Babin reports on families feeling the pinch.
A study out today finds that many scientific studies leave out details about who paid for the research.
Janet Babin learns from the author of the study that such omissions prevent a realistic evaluation of the research.
Does the Magic Kingdom still have that sparkle? Investors find out later today whether the ailing economy has put a damper on Walt Disney's bottom line. The media giant will unveil quarterly earnings. Janet Babin reports.
The Center on Budget and Policy Priorities reports today that the potential budget shortfalls in 25 states total about $40 billion. With tax revenues down and expenses up, some hard-hit states have enacted hiring freezes. Janet Babin reports.
A House committee has passed a bill that might help curtail pirating of music and movies. In addition to tougher penalities, the bill would create a cabinet-level Intellectual Property czar. Janet Babin has more.
