Financial news on June 19, 2010

Business and Financial news
Dartmouth Atlas: A Response to Its Researchers

Two reporters reply to questions about their article on an often-cited health care study. Read more..

By THE NEW YORK TIMES - The New York Times

Drug Maker Agrees to Settle Lawsuit on Price Dispute

AstraZeneca has agreed to pay $103 million to settle United States litigation involving claims that it inflated prices for its Zoladex cancer drug and Pulmicort Respules asthma medicine. Read more..

By REUTERS - The New York Times

F.D.I.C. Closes Nevada Bank, 83rd Failure of Year

The Federal Deposit Insurance Corporation on Friday took over Nevada Security Bank, based in Reno, with $480.3 million in assets and $479.8 million in deposits. Read more..

By ASSOCIATED PRESS - The New York Times

Honda Strikers in China Offered Less Than Demanded

Workers at the Honda Lock factory were offered an increase of about $44 a month, less than half what they were seeking. Read more..

By ANDREW JACOBS - The New York Times

Hoping Tourists Will Flock to Hogwarts (and Spend a Few Galleons)

Thousands of people lined up Friday to be among the first to see the Wizarding World attraction, Universal Orlando’s $265 million bet on a boy wizard. Read more..

By BROOKS BARNES and CATHARINE SKIPP - The New York Times

I.M.F. Backs Spain’s Austerity Measures

Spain is working to bolster its banks and reduce its budget deficit, which surged to 11.2 percent of gross domestic product last year, from 4.1 percent in 2008. Read more..

By MATTHEW SALTMARSH and CAROLINE BROTHERS - The New York Times

Most State Jobless Rates Fall

Unemployment dropped in 37 states and the District of Columbia, but only because many people gave up looking for work. Read more..

By THE ASSOCIATED PRESS - The New York Times

Net Benefits of Biomass Power Under Scrutiny

Doubts about biomass power threaten its viability as a renewable energy source as the nation seeks to diversify its energy portfolio. Read more..

By TOM ZELLER Jr - The New York Times

Penny-Farthing Acrostic

The clues and answers will give you hints to the quote. Read more..

By PATRICK MERRELL - The New York Times

Walgreen and CVS Reach Deal on Filling Prescriptions

The agreement means people enrolled in employer-provided drug benefit plans with CVS Caremark will be able to continue shopping at Walgreen. Read more..

By REED ABELSON and NATASHA SINGER - The New York Times

See what else happened on June 19, 2010