Business Highlights Associated Press Copyright 2012 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Updated 03:27 p.m., Monday, July 16, 2012 (AP) — Yahoo is hiring longtime Google executive Marissa Mayer to be its next CEO, the fifth in five years as the company struggles to rebound from financial woes and internal turmoil. Ross Levinsohn has been running the company on an interim basis and was thought to be the leading candidate after Hulu CEO Jason Kilar dropped out of consideration. Spending in June fell in nearly every major category — from autos, furniture and appliances to building, garden supplies and department stores. WASHINGTON (AP) — The Food and Drug Administration on Monday approved the first drug shown to reduce the risk of HIV infection, the latest milestone in the 30-year battle against the virus that causes AIDS. The FDA approved Gilead Sciences' pill Truvada as a preventive measure for healthy people who are at high risk of acquiring HIV through sexual activity, such as those who have HIV-infected partners. N.J.
Business Highlights
Business Heds Index, Seattle Post-Intelligencer: Business
Mon, 07/16/2012 - 3:43pm
Topics: business highlights copyright updated july yahoo google marissa mayer ross levinsohn hulu ceo jason kilar spending june washington ap the food drug administration aids the fda gilead sciences truvada hiv-infected n.j ap u.k glaxosmithkline human genome sciences gsk richard cordray san francisco ap new internet office national association business economics in press a ap ceo the hiv microsoft people risk desktop cents computers longtime government
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