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- Countrywide Decision Underscores Lawsuit Threat
- Officers and some 14 directors of embattled subprime mortgage lender Countrywide Financial must face the music in a shareholders lawsuit. That was the recent decision of a federal judge in Los Angeles in a case against Countrywide filed by shareholders including several large public pension funds. Countrywide's...
- Blog posts 2008-05-19
- How Medicare Screwed Up Cost Saving in Lab Tests
- Good deeds rarely go unpunished in the field of healthcare reform. And punishment is exactly what's befallen a Medicare demonstration project intended to save money by creating a competitive-bidding system for diagnostic laboratory tests. A federal judge yesterday issued a preliminary junction that stalls the effort,...
- Blog posts 2008-04-11
- U.S. Wins Court Order For UBS Swiss Bank Records
- By Jim Vicini WASHINGTON (Reuters) - A federal judge in Miami has authorized U.S. officials to seek information from UBS AG UBSN about U.S. taxpayers suspected of using Swiss bank accounts to evade income taxes, part of a probe that could ...
- News items 2008-07-01
- U.S. Wins Court Order For UBS Swiss Bank Records
- By Jim Vicini WASHINGTON (Reuters UK) - A federal judge in Miami has authorized U.S. officials to seek information from UBS AG UBSN about U.S. taxpayers suspected of using Swiss bank accounts to evade income taxes, part of a probe that could crack open Switzerland's...
- News items 2008-07-01
- Anheuser-Busch Sues InBev Over Takeover Attempt
- By Martinne Geller and Martha Graybow NEW YORK (Reuters) - Anheuser-Busch Cos Inc BUD is suing InBev NV INTB in an attempt to slow its suitor's efforts to replace the U.S. brewer's board of directors, which rejected InBev's $46.3 billion takeover offer. In...
- News items 2008-07-08
- Anheuser-Busch Sues InBev Over Takeover Attempt
- By Martinne Geller and Martha Graybow NEW YORK (Reuters UK) - Anheuser-Busch BUD is suing InBev INTB in an attempt to slow its suitor's efforts to replace the U.S. brewer's board of directors, which rejected InBev's $46.3 billion (23.5 pound) takeover offer. In the lawsuit, the...
- News items 2008-07-08
- J&J's Red Cross Suit Sent (Mostly) Packing
- Johnson & Johnson might have had better luck had it decided to introduce a line of baby itching powder or Band-Aids guaranteed to make the "ouch" even worse. As it stands, though, its decision last August to sue the Red Cross over use of the instantly recognizable symbol they both...
- Blog posts 2008-05-19
- Exxon Valdez $2.5 Billion Oil Spill Ruling Overturned
- By James Vicini WASHINGTON (Reuters) - The U.S. Supreme Court on Wednesday threw out the record $2.5 billion in punitive damages that Exxon Mobil Corp XOM had been ordered to pay for the 1989 Exxon Valdez oil spill off Alaska, the nation's worst...
- News items 2008-06-25
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