Hedge fund FrontPoint Partners LLC employees were allegedly tipped by a French doctor working as a consultant for Human Genome Sciences Inc. on the results of trials for the hepatitis-C drug Albuferon, a person familiar with the matter said.
The American Legion, the largest U.S. veterans’ service organization, told a judge that Prudential Financial Inc.’s practice of collecting interest on unpaid veterans’ life-insurance benefits is “unlawful and dishonest.”
The U.S. Department of Veterans Affairs postponed purchases of cardiac monitors, radiological equipment and pain-medication pumps for patients last year. It didn’t replace old surgical tools, oxygen-delivery systems or deteriorating operating-room stretchers.
Paul Ryan was putting the finishing touches on a prime-time speech aimed at rallying the Republican base and drawing in swing voters when he takes center stage tonight at the party’s national convention in Tampa.