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Drugmaker Bristol-Myers Squibb announced Thursday a billion deal to buy Celgene, in one of the biggest mergers in pharmaceutical industry history.The deal, which still needs the approval of shareholders and regulators, will be paid with a combination of stock and cash. Bristol-Myers is the result of a 1989 merger of two companies that traced their roots back to the 19th century, and is the eighth largest US drugmaker, with annual revenue of .8 billion in 2017. Celgene is the ninth largest with revenue of billion.The combined company could become the fourth largest pharmaceutical company in the United States.Shares of Bristol-Myers ( 663

Drivers can expect to see a rise in gas prices after coordinated drone attacks on oil facilities in Saudi Arabia disrupted about half of the kingdom's production capacity over the weekend, 201

Education Secretary Betsy DeVos is facing another lawsuit over the department's loan forgiveness program aimed at helping defrauded students.More than 150,000 applications are pending, and some borrowers have been waiting years to hear whether they'll be granted debt relief. Seven borrowers, all of whom attended for-profit colleges, filed the lawsuit Tuesday."Department officials have not offered a timetable for reviewing these applications. It's becoming very clear that they're not treating them in good faith," said Eileen Connor, legal director at the Project on Predatory Student Lending, which filed the case on behalf of the seven borrowers.The department stopped processing claims under DeVos, who wants to rewrite the Obama-era rule that allows defrauded students to seek loan forgiveness.But a federal judge -- siding with Democratic attorneys general from 18 states and the District of Columbia -- ruled that DeVos' freeze was "arbitrary and capricious" and ordered immediate implementation of the rule in October.Still, the department did not process any more claims through the end of last year, according to the latest data available, and Connor says there's been no indication that it has started to review them again.The Department of Education did not immediately respond to a request for comment.DeVos has called the rule, known as Borrower Defense to Repayment, "bad policy." She's proposed offering partial loan forgiveness for qualifying students instead, based on the income of their peers who attended similar programs at other colleges. The plan would save the government .7 billion over a 10-year period compared with the Obama version, the department said.Department officials have argued that they cannot process claims while another lawsuit is ongoing. The agency was also sued over the proposal to offer partial forgiveness."Until we have clear direction from the court, or a different methodology that we think doesn't run the same challenges -- yes, we are in a holding pattern for students that are probably eligible for partial relief," said Diane Auer Jones, principal deputy under secretary, at an event at the 2165

Experts with the American Academy of Ophthalmology say that guarding your eyes, while also guarding your mouth and nose, could keep you from getting sick during the COVID-19 pandemic.According to the American Academy of Ophthalmology, people can 258

CINCINNATI — Serial killer Samuel Little, already serving a life sentence for three murders and suspected of committing over 60 more, 151