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Tom Hassan accepts censure in Phillips Exeter scandal

2016-04-03 07:46:14| Grocery - Topix.net

Lyndeborough firefighter Derek Lankowski knew what really matter most in life, people, said friends and fellow firefighters at a memorial service for him Saturday.

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FBI And Justice Department Probing Huge International Bribery Scandal

2016-03-31 11:39:14| Energy - Topix.net

The FBI, U.S. Department of Justice and anti-corruption police in Britain and Australia have launched a joint investigation into revelations of a massive global bribery racket in the oil industry. The biggest leak of confidential files in the history of the oil industry also unveils rampant corruption inside Italian oil giant Eni in many of the countries in which the firm has been contracted by national governments to manage their oilfields.

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6 Investing Lessons From The Valeant Pharmaceuticals Scandal

2016-03-30 00:44:10| Biotech - Topix.net

It's not every day that a company with a market cap of more than US$ 70 billion , and one that is favoured by a lot of savvy investors, loses 80% in nine months . But that's what has happened with investors in the Canada-based Valeant Pharmaceuticals , where a spate of scams has been discovered over the past few months - from bad M&A accounting, to wrongful income reporting, and now the company is facing a potential default.

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VW left trailing behind rivals' sales surge after emissions scandal

2016-03-16 13:40:24| Auto Dealers - Topix.net

Volkswagen lagged rivals' sales growth in Europe last month as the German car giant continued to reel from the engine-rigging scandal. VW grew sales by 4.5% in February - the slowest rise among Europe's other big car brands.

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Volkswagen Sued For $3.7B In Germany Over Diesel Scandal

2016-03-16 01:12:30| Automakers - Topix.net

Braunschweig Germany March 15, 2016; Karin Matussek writing for Bloomberg News reported that Volkswagen AG is being sued for 3.3 billion euros over the cover-up of its polluting diesel engines, its biggest legal challenge in Germany after a wave of lawsuits in the U.S. centered on the scandal. The action was filed Monday at the Braunschweig Regional Court on behalf of 278 institutional investors from around the world, lawyer Andreas Tilp said by telephone.

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