Latest Business News: Chinese Police Visit AstraZeneca, Question One Employee

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Latest Business News: Chinese Police Visit AstraZeneca, Question One Employee

Wochit 0:54 mins

Chinese police have visited the Shanghai office of British drugmaker AstraZeneca. A spokeswoman for the company said that police had taken away one employee for questioning. Royal Philips Electronics NV says its net profit in the second quarter soared to $416 million thanks to stronger sales of consumer products like shavers in emerging economies. For three days, anyone trying to access Apple's members-only developer page had been greeted with the message that said they'd be back soon before the company finally explained why. Their developer site was the target of a hack that may have compromised the security of some development site users' names, email addresses, and mailing addresses.

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