Actavis Plc awarded Chief Executive Officer Paul Bisaro and four top managers about $115 million in early-vested stock and retention bonuses after the U.S. generic- drug maker bought Ireland-based Warner Chilcott Plc. It was a rare instance of rewarding executives of the acquirer.
Three U.S. companies plan to start operations in Cameroon this year, while the U.S. Agency for International Development will return to the country after an 18-year absence, U.S. Ambassador Robert Jackson said.
Marc Albertsen, the bespectacled, 62-year-old research director at Pioneer Hi-Bred, DuPont Co. ’s seed-development unit, was catching up on paperwork one morning in July 2007 when he got a call from an assistant, Sharon Cerwick.
Heard the one about the law that says the U.S. must cut aid to a country that has had a coup? Apparently the Barack Obama administration has: Its lawyers have reportedly told the president he can ignore the law simply by not asking whether Egypt has had a coup.
The New York Police Department’s stop-and-frisk policy came under attack from city council members considering four laws that would restrict the encounters and create an inspector general to monitor the practices.