John Does News
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Across the Standard & Poor’s 500 Index of companies, the average multiple of CEO compensation to that of rank-and-file workers is 204, up 20 percent since 2009, according to data compiled by Bloomberg. The numbers are based on industry-specific estimates for worker compensation.
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A U.S. judge authorized the Internal Revenue Service to seek information about possible tax evasion through offshore accounts at Canadian Imperial Bank of Commerce’s FirstCaribbean International Bank.
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Microsoft Corp., the world’s biggest software maker, said it disrupted a cybercrime operation known as the Bamital botnet that took control of hundreds of thousands of personal computers by infecting them with malicious software.
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Chevron Corp., which faces a $19 billion damage award in an Ecuador environmental case, shouldn’t be allowed to obtain information about the e-mail accounts of lawyers, activists and scholars in contact with plaintiff attorneys, a privacy rights group told a judge.
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Microsoft Corp. got a judge to order a group of unidentified hackers to stop running networks of infected computers known as botnets that allegedly hijack online bank accounts.
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The U.S. Justice Department said it disabled a “massive fraud scheme” that infected more than 2 million computers worldwide with malicious software.
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An investigation of HSBC Holdings Plc by U.S. tax authorities was stepped up with the government’s request seeking authorization to pursue information on thousands of Americans who may have used accounts in India to evade taxes.
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Facebook Inc. is beefing up its intellectual property arsenal by paying $550 million for some of the patents Microsoft Corp. recently agreed to buy from AOL Inc.
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A U.S. judge said the Internal Revenue Service can demand information from UBS AG about U.S. clients of Wegelin & Co., the Swiss bank that pleaded guilty this month to conspiring to help cheat the IRS.
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A Novartis AG pharmaceuticals unit was ordered to pay $250 million in punitive damages to a group of 5,600 female employees after losing a gender-bias lawsuit, the second largest verdict of 2010.
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