Business News / Business

Tesla answers critics with new 8-year warranty

Tesla Motors Inc., perhaps responding to less than stellar reviews of its Model S electric car, is offering a new eight-year, unlimited-mileage warranty for its drive unit and battery pack.

The generous warranty will cover all Model S cars ...

Botox maker reportedly pursuing Salix

Botox maker Allergan Inc. is reportedly interested in acquiring a North Carolina drugmaker, part of its effort to fight off a takeover attempt by a Canadian rival.

The stock market responded, driving Allergan shares up 4 percent.

Allergan's ...

The American consumer is back, with an asterisk

BOSTON -- Written off in the aftermath of the Great Recession, the U.S. consumer is back. Not quite with a vengeance, but definitely back.

It's noticeable to Marie Galvin, owner of GALVIN-ized in Boston, where handmade women's hats -- a ...

Ballmer steps down as Microsoft director

Steve Ballmer has severed the last of his management ties to Microsoft, stepping down as a board director and ending one of the most lucrative but ultimately mixed leadership runs in corporate America.

Ballmer sent a letter to Microsoft CEO Satya...