Pasi M. Hamalainen, a Finnish native who took early retirement as a managing director at Pacific Investment Management Co. to raise his son and race Bugattis before joining Capital Group Cos., has died. He was 46.
BurnLounge Inc., a digital music seller shut down by the Federal Trade Commission over its multilevel marketing, was found by a federal appeals court to be an illegal pyramid scheme in a case closely followed by Herbalife Ltd. watchers.
Frederic Scheer employed 70 people making plastic resins from plant starches in suburban Los Angeles until he calculated in 2010 that he could save $600,000 a year by moving Cereplast Inc. to the middle of Indiana.
Meb Keflezighi became the first American in 31 years to win the Boston Marathon, while defending champion Rita Jeptoo took the women’s race with a course record, one year after a pair of homemade bombs killed three and injured 264 at the event’s finish line.