Health Care

AIG Swings to Loss on Lower Investment Income

American International Group Inc. swung to loss in the third quarter, falling short of Wall Street expectations as the giant insurer faces calls from shareholders Carl Icahn and John Paulson to break up.

Incyte To Stop Testing Jakafi in Some Cancers

Incyte Corp said it would discontinue some of the trials testing its already approved blood cancer drug, Jakafi, after the treatment's effectiveness was found to be insufficient.

AstraZeneca Sees 2016 Earnings Falling

AstraZeneca warned that revenue and earnings would drop this year due to the arrival of cheap generic rivals to its cholesterol fighter Crestor.