All North America articles – Page 17
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Otsuka pays $4m penalty for off-label marketing
The drug company allegedly encouraged its sales force to market an atypical antipsychotic drug for off-label uses
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Congressman Calls for Changes in Financial Services Regulation
US Congressman Barney Frank calls for new policies to help stabilize the housing market and address the current economic downturn
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Insurers are liable for Appleton river cleanup
Appleton says Fox River PCB clean-up is still long way from being funded
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Polls open for the Corporate Hall of Shame
The Corporate Hall of Shame has opened its polls for people to select the worst corporations of 2008
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US representatives call for more scrutiny of foreign investors
House Financial Services Committee calls on Treasury to address sovereign wealth funds in FINSA regulations
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Reebok fined for importing toxic bracelets
Agrees to pay $1m civil penalty after a product recall
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AIG pays record $13.5m penalty to Pennsylvania
Penalty relates to allegations of false reporting, bid-rigging and improper commission practices
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Hewitt, Enron reach $11.2m settlement
More than $11m will be restored to the settlement fund for former Enron employees who lost their pensions when the company collapsed
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Fed takes emergency moves to stabilise markets
The Federal Reserve has announced two initiatives designed to bolster market liquidity in the wake of Bear Stearns’ crisis
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JPMorgan buys Bear Stearns for $2 a share
Fed pays $30bn to help JP Morgan complete its purchase of Bear
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Scientists simulate pandemic influenza outbreak in Chicago
Researchers say household antiviral measures and a reduction in contact between individuals could lower the spread of the disease
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SocGen shareholders file lawsuit in US
The complaint alleges the bank misled investors about its exposures to the subprime mortgage market and failed to act on information about rogue trades
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US toughens air quality standards
EPA estimates final standards will yield health benefits of up to $19bn, costs in the region of $8bn
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CMI predicts how the world will work in 2018
Chief executives are warned to prepare for cyber attacks and a US withdrawal from the world economy
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Interviews
Former US governor named to Ethoca board
Tom Ridge, former Secretary of the Department of Homeland Security and former Governor of Pennsylvania
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Former Doral exec charged in $4bn securities fraud
Former treasurer accused of fraudulent reporting scheme to artificially inflate stock price
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Fidelity charged $8m for improperly accepting gifts
Execs accepted gifts, lavish entertainment and 'romantic relationships' that swayed the flow of brokerage business
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OSHA notifies workplaces with high injury rates
Says it is a step to encourage employers to improve safety