Connecticut officials say Eli Lilly & Co. has agreed to a $25 million settlement with the state over claims the drugmaker marketed its anti-psychotic drug Zyprexa for unapproved uses and harmed patients. Attorney General Richard Blumenthal says federal…
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Connecticut – United States – Eli Lilly and Company – Richard Blumenthal – Attorney general
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Conn. gets $25 million from Zyprexa lawsuit
The Pentagon has given Boeing Co. an “unfair” advantage in the latest competition for a troubled $35 billion tanker contract, a Northrop Grumman Corp. executive said Tuesday. The Pentagon shared Northrop’s pricing data from its previous bid with Chicago-based…
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Northrop Grumman – Pentagon – Boeing – Chicago – Military
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Northrop: Boeing has ‘unfair’ edge in tanker deal
A former Hartford Courant consumer-affairs columnist sued the newspaper and its owner on Tuesday, accusing the companies of violating his free speech rights by forcing him out of his job. Management took issue with columns and blog entries that were critical…
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Connecticut – Hartford Courant – United States – Hartford Connecticut – Freedom of speech
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Hartford consumer columnist sues over departure
General Motors says it’s ending a trial program that put new cars for sale in California on eBay as it shifts its focus to national marketing efforts. GM spokesman John McDonald said the trial was slated to end Wednesday, after a run of about six weeks….
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General Motors – California – John McDonald – EBay – Marketing
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GM’s trial program selling cars on eBay set to end
A voter advocacy organization has asked the U.S. Justice Department to undo the sale by Diebold Inc. of its voting machine business, saying the transaction promotes a monopoly. Voter Action, based in Washington, D.C., says in a letter to the department’s…
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Diebold – Voting machine – Politics – Campaigns and Elections – United States
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Voter group challenges Diebold voting machine sale
The watchdog of the Securities and Exchange Commission has recommended a new system for handling the thousands of tips and complaints the agency receives and other changes to prevent another breakdown like the one that allowed Bernard Madoff’s massive fraud…
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Bernard Madoff – Fraud – U.S. Securities and Exchange Commission – Business – Securities and Exchange Commission
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SEC watchdog pushes changes after Madoff failure
Rankings for the top 15 programs on cable television networks as compiled by Nielsen Media Research for the week of Sept. 21-27. Days and start times (EDT) are in parentheses: 1. NFL Football: Colts vs. Dolphins (Monday, 8:30 p.m.), ESPN, 10.85 million homes,…
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Nielsen Media Research – ESPN – Indianapolis Colts – National Football League – NFL
The auto industry doesn’t work by the basic laws of the market—governments just won’t let dead companies go
The auto industry doesn’t work by the basic laws of the market—governments just won’t let dead companies go
Longtime auto-industry watcher Maryann Keller says the auto industry doesn’t work by the basic laws of the market—governments just won’t let dead companies go
The auto industry doesn’t work by the basic laws of the market—governments just won’t let dead companies go
Excerpted from:
Viewpoint: Forget Remaking the Auto Industry
AP Photo/Daniel HulshizerA 2004 file photo of Vioxx arranged on a counting tray, laying on top of the botttle, at The Pennington Apothecary.TRENTON — The Supreme Court of New Jersey backed a $4.5 million award to the widow of a…
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N.J. Supreme Court upholds $4.5M award for widow of Vioxx victim
WASHINGTON (Reuters) – U.S. securities regulators are eyeing new restrictions on the multi-trillion dollar securities lending market used by short-sellers after the credit crisis revealed the industry was “anything but low risk.”
WASHINGTON (Reuters) – U.S. banking regulators proposed on Tuesday that banks prepay three years of fees to help cover the rising cost of bank failures, now put at $100 billion through 2013.
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FDIC wants banks to prepay fees to meet failure bill
NEW YORK (Reuters) – U.S. stocks fell slightly on Tuesday after data on consumer confidence and home prices gave a mixed picture of the economy.
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Wall Street dips after mixed data