Diet Soda Sales Waste Away

A nearly decade-long decline in U.S. carbonated soft drink sales accelerated last year as more Americans turned their backs on artificially sweetened diet sodas.

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FDA Panel Recommends Two New Antibiotics

An FDA advisory committee unanimously recommended the agency approve two new antibiotics, while speakers debated the agency’s approach to encouraging new drugs for drug-resistant infections.

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High-Speed Trader Virtu Delays IPO Launch

Amid a growing clamor over the role of high-frequency traders in the markets, Virtu Financial has delayed the start of its pitch to investors on its initial public offering.

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European Stocks Rise as Ruble Drops

European stock markets edged higher following gains in Asia and the U.S., while the ruble weakened after Russia’s finance minister said the country would resume buying foreign currencies for its depleted reserves fund in the coming days.

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