Financial news on January 20th, 2007
Business and Financial news
A vicious dispute on certain stock message boards actually involves the chief executive of a publicly traded corporation and a longtime business journalist. Read more..
When it comes to new and emerging technologies like satellite radio, what exactly constitutes competition? Read more..
The trial over the patent for the drug Plavix will be critical for Bristol-Myers, which derives nearly a third of its revenue from it. Read more..
Richard A. Musgrave was an economist who has been called the father of modern public finance. Read more..
The insurer agreed to pay an estimated $1 million to settle a lawsuit by a Mississippi Gulf Coast resident whose house was destroyed. Read more..
State prosecutors have demanded Eli Lilly turn over information about the way it promoted the drug Zyprexa. Read more..
Although the dollar has lost a lot of ground, the nation’s trade imbalance with the world has continued to rise. Read more..
Two former N.Y.S.E. traders were each sentenced to six months in prison and fined $250,000. Read more..
Citigroup’s operating profit rose 3.2 percent, led by a solid trading performance, improvement in its consumer business and big gains from its alternative investment unit. Read more..
Chinese police have detained 22 people from several large companies, including ABB, McDonald’s, McKinsey & Company and Whirlpool. Read more..