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Here are today’s top business headlines from across the nation and world:
LONDON (AP) — Pharmaceutical company AstraZeneca plans to sell its molecule antibiotics business to Pfizer in a deal that will be valued in excess of $1.5 billion when rights, royalties and other payments are included. The sale marks a thawing of relations between the British company and New York-based Pfizer after an acrimonious battle to avoid a takeover just a few years ago. Under the deal, AstraZeneca will sell the commercialization and development rights in most markets globally outside the United States. It includes an upfront payment of $550 million. Read more
DETROIT (AP) — Tesla Motors says a new version of the Model S electric car is the quickest production car in the world from zero to 60 miles per hour. The company says the Model S P100D sedan can go from stopped to 60 in 2.5 seconds. The LaFerrari and the Porsche 918 Spyder with gas engines were faster, but they were million-dollar specialty cars that can no longer be bought new, CEO Elon Musk said Tuesday. Read more
NEW YORK (AP) — With government officials now warning pregnant women to avoid Miami Beach in addition to Puerto Rico, some sun seekers are desperately scrambling for a Zika-free vacation. And that has left other tourist destinations to capitalize – quietly. Travel experts say families worried about Zika are now looking to Arizona and Southern California to get some sun, along with cooler weather locales such as New England and Canada. Read more
HARTFORD, Conn. (AP) — With the growth of agritourism and more people visiting local farms, Connecticut officials are joining other states in educating farmers about how to mitigate health risks for their new visitors. Connecticut’s latest push comes after dozens of young children and adults were infected with E. coli in March after visiting a Lebanon goat dairy farm. Ten of the 41 confirmed cases required hospitalization. Read more
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