Berkshire Hathaway to Pay Penalty

Related Link: 

Warren Buffett's Berkshire Hathaway has agreed to pay $896,000 to settle U.S. allegations it violated antitrust laws by failing to report the acquisition of an equity stake in USG Corp.

Hospira Wins Delay Against FDA

Related Link: 

Hospira was granted a temporary restraining order against the FDA over the agency's approval of generic versions of the company's top-selling drug.

Private-Equity Firms Pursue Buyout of American Tire

Related Link: 

A handful of private-equity firms are vying to buy American Tire Distributors Holdings Inc. in an auction that could fetch more than $3 billion, according to people familiar with the matter.

European Brewers Are Hurt in Russia

Related Link: 

Carlsberg and Heineken are being walloped by lower consumer spending in Russia, amid its standoff with the West over Ukraine and after Moscow's recent drive to restrict beer marketing.

N.C. Moves to Regulate Coal Ash

Related Link: 

North Carolina lawmakers Wednesday passed new legislation they say will regulate coal-ash pits and clean up decades of toxic waste generated by coal-burning electricity plants.

H-P Delivers Fleeting Reward

Related Link: 

H-P's revenue rose 1.3% in the three months ended July 31, the first sales increase after 11 straight quarters of decline. However CEO Meg Whitman cautioned that the revenue growth may not last.

Icahn Takes 8.5% Stake in Hertz

Related Link: 

Activist investor Carl Icahn disclosed an 8.5% stake in Hertz Global Holdings Inc. and said he may seek board representation.

UPS Warns of Data Breach

Related Link: 

UPS said that a data breach at 51 of its UPS Stores may have compromised data on approximately 105,000 customer transactions between January and August.

Shopper Malaise Hangs Over Target

Related Link: 

Target cut its outlook for the second time this year as traffic at its stores fell again, even though the discounter ramped up promotions to bring shoppers in.

JA Solar's Profit Rises

Related Link: 

JA Solar said rising sales of solar panels made it profitable in the second quarter, and the Chinese company increased its forecast for shipments.

Syndicate content