The bidding for a Pentagon defense contract turned political this week whenthe French company EADS dropped out, accusing the U.S. of rigging thecontest to favor Boeing (feedproxy.google.com)

Ligand Pharmaceuticals Inc. said Friday that partner GlaxoSmithKline gained European regulatory approval to sell the blood disorder drug Revolade. (www.newsvine.com)

The U.K. will guarantee $410.4 million in bank loans to General Motors Europe as part of a support package for the auto maker from the U.S. and other European governments. (feeds.wsjonline.com)