Valeant and its now-outgoing chief executive Michael Pearson pursued quick, aggressive price increases on acquired drugs in recent years—a strategy that is evident in documents collected during a Senate investigation.
Verizon has avoided work stoppages at its growing wireless unit by seeking to keep unions out. Partly as a result, organized labor has lost some of its influence over the phone giant, as its unionized landline business has shrunk.
Ed Bastian becomes Delta’s CEO on Monday, 18 years after joining what is now the nation’s No. 2 airline by traffic. He has resigned once, helped steer Delta through bankruptcy and helped shepherd its merger with Northwest.
Halliburton and Baker Hughes called off their merger, once valued at nearly $35 billion, which encountered opposition on several continents from regulators who claimed that it would hurt competition in the oil-field services business.
The legal battle over media mogul Sumner Redstone’s mental competence, which for months has transfixed Hollywood and Wall Street with its salacious details and personal rivalries, heads to court in the coming week.
European counterterrorism officials say American laws and corporate policies are hampering their efforts to prevent the next attack, because legal procedures for getting international evidence from U.S.-based social-media firms are dangerously outdated.