Zimmer to Buy Biomet for $13.35 Billion
Zimmer agreed to buy rival orthopedic maker Biomet for about $13.35 billion, in a bid to position the combined company as a leader in making products to repair muscles and bones.
E-Cigarettes Face Regulations
The FDA proposed the first federal regulations on electronic cigarettes, which would ban sales of the devices to anyone under 18 and require makers to gain FDA approval.
U.S. Stocks Rise
An upbeat earnings report from Apple powered gains in technology shares on Thursday.