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Business Highlights

The drug is sold in about 40 countries. A company spokeswoman said Friday it will take a few months to implement the suspension worldwide.


Best Buy shares jump on holiday results

NEW YORK (AP) â¿¿ Shares of Best Buy Co. rose more than 16 percent on Friday after the electronics chain showed signs of starting to reverse declining sales during the critical holiday selling season, a better-than-expected result.

Best Buy has been facing tough competition from discounters and online retailers, as people browse electronics in stores and then buy them more cheaply online, a practice known as "showrooming." To combat this, it has instituted a cost-cutting program, invested in more employee training and put an online price matching policy in place during the key holiday period of November and December. The holiday quarter accounted for about a third of Best Buy's revenue last year.

The chain said that revenue at stores open at least a year fell 1.4 percent for the nine weeks ended Jan. 5. This figure is a key gauge of a retailer's health because it excludes results from stores recently opened or closed.


Apple CEO: China will be biggest market

BEIJING (AP) â¿¿ Apple expects China to overtake the United States as its biggest market, CEO Tim Cook told a Chinese government news agency.

"China is currently our second largest market. I believe it will become our first. I believe strongly that it will," the Xinhua News Agency quoted Cook as saying in an interview.

The report gave no details of when Cook thought China might pass the U.S. Apple Inc. spokespeople in China did not immediately respond to a request for comment.

Apple has said sales in China more than doubled in 2010 and 2011 though growth has slowed in the past year.


By The Associated Press(equals)

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