The industry just lost an $80 million verdict to a smoker’s daughter. After losing about a dozen earlier cases, tobacco had won the eight decisions right before this one, suggesting that it had figured out how to win. But the l…
The IRS has stopped its investigation into tax evaders holding money in UBS accounts after reaching a settlement with the bank and the Swiss government.
Continue reading IRS Drops Tax Case Against UBS and Swiss…
Swiss pharmaceutical giant Roche (RHHBY) said Wednesday it is slashing 6% of its workforce, or 4,800 jobs, most of them in the U.S. This is part of the drugmaker’s plan to get a handle on costs, which comes in response to recent drug setbacks and as th…
Booz Allen Hamilton Holding has priced its IPO at $17 a share, setting its $238 million offering at the low end of its range. The offering from the management and technology consulting firm, which largely serves government clie…
Target reported Wednesday morning that net earnings grew 22.6% in the third quarter, beating estimates, as sales rose 3% and the company got a boost from its credit card business. The company also expects fourth quarter compara…