The Innovation Lab Where Drugs Are Discovered

July 15 (Bloomberg) –- Johnson & Johnson has had many blockbuster drugs since it was founded in 1894. These drugs were mostly developed the old-fashioned way -- internally, behind closed doors. But for future drug discovery the company is taking a page from the tech industry and looking for talent in places like J&J's La Jolla, California incubator. Bloomberg's Carol Massar reports. Video by: Carole Zimmer (Source: Bloomberg)
U.K. Mortgage Approvals Climb to Highest Since 2008
04:06 - U.K. mortgage approvals topped forecasts at 66,582 in June, climbing to the highest level since July 2008. Bloomberg's Manus Cranny reports on "The Pulse." (Source: Bloomberg)
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