Financial news on July 14, 2007
Business and Financial news
Non-Hodgkin’s lymphoma, which typically strikes people in their 50s and 60s, occurs when white blood cells become cancerous. Read more..
Conrad Black was found guilty while stocks soared, Alcan agreed to a buyout, and Whole Foods’ C.E.O. was revealed to have posted online under a pseudonym. Read more..
Senator Hillary Rodham Clinton became the latest Democratic presidential candidate to call for ending a “glaring inequity” in tax policy that favors investment managers. Read more..
General Electric said commercial loans and major equipment sales contributed to the rise, and it confirmed the sale of its subprime mortgage unit. Read more..
Intel said it would join the board of the One Laptop Per Child Foundation, which seeks to build inexpensive computers for the developing world. Read more..
Paul E. Clayton, C.E.O. of Jamba, parent company of Jamba Juice, the fruit smoothies retailer, talks about his company’s expansion and service. Read more..
Jazz Pharmaceuticals, maker of Xyrem, said it had improperly promoted the drug for unapproved uses. The company will pay $20 million in fines. Read more..
Boston Scientific agreed to pay $195 million to settle claims related to a potentially flawed defibrillator made by its subsidiary, Guidant. Read more..
Drug makers are exploring the possibility of tying pharmaceutical prices to performance. Read more..
A growing number of people are taking “virtuous vacations” where they spend time working for nonprofit groups. Read more..