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Porsche market manipulation trial opens

2015-10-22 14:04:48| BBC News | Business | UK Edition

Two former Porsche executive go on trial in Germany accused of market manipulation over a failed Volkswagen takeover bid.

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Ex-Porsche CEO, CFO on trial for alleged market manipulation

2015-10-22 12:36:34| Automakers - Topix.net

The former CEO and CFO of Porsche have gone on trial in Stuttgart on market manipulation charges related to the sports car maker's failed attempt to take over Volkswagen AG in 2009. Prosecutors accuse ex-CEO Wendelin Wiedeking and former CFO Holger Haerter of making misleading statements about the company's intentions before it moved to build up its stake in the much larger Volkswagen.

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J&J Win in First Trial Against Tylenol Skirts Defective Design Claim

2015-10-20 14:37:13| Food - Topix.net

Johnson & Johnson defeated a lawsuit claiming it had improperly designed its Tylenol pain reliever in the first case to go to trial over the link between the widely used over-the-counter drug and liver damage, according to a J&J spokesman. Jurors in New Jersey concluded that Regina Jackson, a state employee who said she spent a week in the hospital after overdosing on Extra Strength Tylenol, failed to prove her case, according to J&J spokesman Jake Sargent.

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Johnson & Johnson's Stelara Succeeds In Phase III Crohn's Disease Trial

2015-10-19 19:30:37| Food - Topix.net

Johnson & Johnson's Stelara was significantly better than placebo at inducing clinical response and remissions in patients with moderate to severe Crohn's disease, according to data from a late stage trial, providing ammunition for a potential expanded approval of the medicine. Stelara, a biotech medicine that blocks inflammation, is approved to treat the skin condition scaly plaque psoriasis and a type of arthritis associated with psoriasis.

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Libor trial of UK bankers begins in US

2015-10-13 20:05:38| BBC News | Business | UK Edition

Jury selection began in the trial of two Brits accused of manipulating international lending rates.

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