Laura Schalk News
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Pfizer Inc. , the world’s biggest drugmaker, told a federal jury that it lost billions of dollars in sales from unauthorized copies of the epilepsy drug Neurontin and it wants the money back.
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Societe Generale SA , France’s second- largest bank by market value, accused a former foreign-exchange trader of misappropriating trade secrets involving clients for his future employer, Credit Agricole SA .
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Societe Generale SA , France’s second-largest bank by market value, said it was working to reopen its branches in Ivory Coast tomorrow.
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Alassane Ouattara is on the verge of winning the military battle to control Ivory Coast . The challenge of healing ethnic and regional divisions in the world’s top cocoa producer may prove to be a more daunting task.
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Societe Generale SA is not planning to boost its holding in Russian unit Rosbank by buying VTB Capital’s 19.3 percent stake, the French lender said in an e- mailed statement.
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Hewlett-Packard Co. and Oracle Corp. said they resolved litigation over the appointment of Mark Hurd as a president of Oracle and reaffirmed the long-term partnership between the two companies.
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A trustee overseeing the liquidation of Bernard Madoff’s firm is near a “multibillion-dollar” settlement with the estate of Jeffry Picower, the longtime Madoff investor who drowned in his swimming pool last year, a bankruptcy judge said.
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The trustee liquidating Bernard L. Madoff ’s investment firm filed more than $50 billion in so- called clawback suits to compensate victims of the con man’s fraud since his arrest two years ago for masterminding the biggest Ponzi scheme in U.S. history.
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Crude oil tumbled the most in four months after a government report showed that the U.S. added fewer jobs than forecast last month, bolstering concern that the economic recovery will slow.
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The Ivory Coast units of at least six banks including Societe Generale SA and BNP Paribas SA remained closed today, even after President Laurent Gbagbo seized the lenders to ensure they continue operating.
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