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FILE - The Jan. 29, 2014 file photo shows Novartis CEO Joseph Jimenez as he arrives for the annual balance press conference in Basel, Switzerland. Swiss pharmaceutical giant Novartis AG announced a series of multibillion-dollar deals Tuesday, April 22, 2014 with other major pharmaceutical companies that it said would reduce sales but boost profitability, while affecting some 15,000 of its employees globally. (AP Photo/Keystone, Steffen Schmidt)
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FILE - The Aug. 12, 2005 file photo shows the logo of Swiss company Novartis in Basel, Switzerland. Swiss pharmaceutical giant Novartis AG announced a series of multibillion-dollar deals Tuesday, April 22, 2014 with other major pharmaceutical companies that it said would reduce sales but boost profitability, while affecting some 15,000 of its employees globally. (AP Photo/Keystone, Steffen Schmidt)
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FILE - The Jan 11, 2011 file photo shows tram wires outside the Novartis headquarters in Basel, Switzerland. Swiss pharmaceutical giant Novartis AG announced a series of multibillion-dollar deals Tuesday, April 22, 2014 with other major pharmaceutical companies that it said would reduce sales but boost profitability, while affecting some 15,000 of its employees globally. (AP Photo/Keystone, Gaetan Bally)
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FILE - The Oct. 19, 2012 file photo shows a Novartis employee in a laboratory of Novartis in Prangins near Nyon, Switzerland. Swiss pharmaceutical giant Novartis AG announced a series of multibillion-dollar deals Tuesday, April 22, 2014 with other major pharmaceutical companies that it said would reduce sales but boost profitability, while affecting some 15,000 of its employees globally. (AP Photo/Keystone, Yannick Bailly)
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File- This April 17, 2014, file photo shows a prototype of an electric carriage being displayed at the New York International Auto Show in New York. A prototype of the old-timey electric cars that Mayor Bill de Blasio would like to take the place of horse-drawn carriages on New York City streets will be unveiled at the New York Auto Show on Thursday. (AP Photo/Seth Wenig, File)
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Tesla Motors Inc. CEO Elon Musk speaks before an event to deliver the first set of sedans to customers in Beijing, China, Tuesday, April 22, 2014. Tesla Motors delivered its first eight electric sedans to customers in China on Tuesday and Musk said the company will build a nationwide network of charging stations and service centers as fast as it can. (AP Photo/Ng Han Guan)
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FILE - This is a Wednesday July 17, 2013 file photo of The Royal and Ancient Golf Club's Chief Executive Peter Dawson las he istens during a press conference ahead of the British Open Golf Championship at Muirfield, Scotland. Peter Dawson is to retire from his position as chief executive of Royal & Ancient after 16 years with the governing body in charge of the Rules of Golf and organizing the British Open. The R&A said Tuesday April 22, 2014 that Dawson will step down in September next year and will be also leaving his role as secretary of Royal and Ancient Golf Club, the 2,400-member club whose headquarters overlook the Old Course at St. Andrews. (AP Photo/File)
