Gina Rinehart, Asia’s richest woman, is being sued for half her stake in some Western Australian assets, which include a mine being developed with Rio Tinto Group, by the family of her father’s former partner.
Eli Lilly & Co. and Abbott Laboratories are offering help to the 13.8 million American men who have low levels of testosterone. Doctors warn that demand for the treatments could lead to overuse with deadly side effects.
Spain and Italy reinstated a short- sale ban on stocks as bank shares plunged to record lows, bond yields rose and the euro traded below its lifetime average against the dollar on concern the debt crisis is growing.
An agreement Gina Rinehart claims gives her a stake in a 3 billion ton iron ore property in Australia died with her father Lang Hancock in 1992, and the stake is rightfully owned by the family of Hancock’s former partner Peter Wright, a lawyer for Wright’s company said.
Billionaire Gina Rinehart’s Hancock Prospecting Pty availed benefit from a 1984 division of assets agreement with then partner Wright Prospecting Pty and didn’t reciprocate, according to an appeals judge hearing a dispute over a 3 billion ton iron ore property in Australia.
The top U.S. railroad regulator was accused by a House member from California of misleading Congress to promote the state’s proposed high-speed train network, which President Barack Obama’s administration supports as cost estimates escalate.
U.S. property and casualty insurers posted the biggest underwriting loss since 2008 as carriers with business outside the country paid claims tied to natural disasters such as the March earthquake and tsunami in Japan.