David Brooks , a founder and former chief executive officer of military contractor DHB Industries Inc. , was found guilty of committing a $185 million fraud and looting the company to pay for personal expenses.
Three children of Point Blank Solutions Inc. founder David Brooks are contesting a $67.8 million forfeiture order issued against their father in a case alleging that he looted the company, and asked that the government return jewelry and investments given to them as gifts.
Coca-Cola Co., the world’s largest beverage company, plans to invest more than $4 billion in China from 2015 to 2017 as it builds factories and adds new products to meet demand and counter rising competition.
Tyler Cowen sits with a cranberry juice and a pile of books he no longer intends to read. He’s at Harry’s Tap Room, near the Air France ticket counter in the main terminal of Dulles International Airport, on his way to São Paulo.
The National Credit Union Administration has sued Goldman Sachs Group Inc., accusing the Wall Street firm of violating federal and state laws in the sale of securities to now-failed corporate credit unions.