Today in Science

Your Health

IBM's Newest Acquisition Warned on Device by U.S. Health Agency

Merge Healthcare Inc., purchased by IBM for $1 billion in a deal completed Tuesday, received a warning letter from U.S. regulators about the potential dangers of software that monitors patients during heart procedures and a system that archives medical images.

Inside Johnson & Johnson's Earnings Beat

Johnson & Johnson beat analysts’ estimates for third-quarter profit as a lower tax rate helped the world’s biggest maker of health-care products overcome slightly weaker-than-projected sales for key drugs such as Remicade. Gabelli & Co.'s Jeff Jonas and Bloomberg's Cynthia Koons weigh in on "Bloomberg Markets." Jonas owns no stock in J&J. (Source: Bloomberg)

Shortfall Rises by $16 Billion at UAW Retiree Health-Care Fund

The estimate of the unfunded future expenses of a trust that pays the health-care costs of more than 700,000 United Auto Workers retirees from three Detroit-area automakers widened by $16 billion last year as it changed accounting assumptions and adjusted for new projections of how long members will live.

Oil Markets

Tecnicas Among Companies to Build $16 Billion Al Zour Refinery

Daewoo Engineering & Construction Co., Tecnicas Reunidas SA and Hyundai Heavy Industries Co. are among companies that signed contracts today to build Kuwait’s $16 billion Al Zour oil refinery, which will more than double the nation’s processing capacity.

IEA Expects Iraqi Oil Output to Remain `Broadly Flat' Next Year

Oil production from Iraq, the world’s fastest source of supply growth last quarter, will remain similar to current levels next year as the slump in crude prices and the cost of fighting Islamic State militants hamper the government’s ability to invest in new capacity, the International Energy Agency said.