Business |
12:00AM, May 19
WASHINGTON – The Justice Department today accused Wyeth, one of the nation’s biggest drugmakers, of cheating Medicaid programs out of hundreds of millions of dollars by overcharging for a stomach acid drug.
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Business |
12:00AM, May 19
NEW YORK – American Express said today it is eliminating about 4,000 jobs as part of a plan to slash another $800 million in costs for the remainder of the year.
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The California attorney general’s office has launched a preliminary investigation into the role that former Beverly Hills money manager Stanley Chais played in funneling millions of dollars into the giant Ponzi scheme run by convicted felon Bernard
L. Madoff, said people familiar with the matter.
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Business |
12:00AM, May 19
ENERGY
Ethanol units seek Chapter 11
Shares of Pacific Ethanol Inc.
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Business |
12:00AM, May 19
LOS ANGELES – Blockbuster will pay $300,000 to resolve a lawsuit alleging the video rental chain overcharged some of its California customers.
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With the world’s economy in an unprecedented slump, attendance at this year’s Cannes Film Festival is down as much as 30% by some estimates.
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Business |
By Dan Neil |
12:00AM, May 19
Having largely sorted out the economy and foreign wars, Rep.
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Anxiety over double-digit unemployment rates and high gasoline prices will drive down Memorial Day weekend travel among Southern Californians, according to a new survey.
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There’s a lot less William Morris Agency left to merge with Endeavor.
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While earning her business degree at Pepperdine University, Sara Dakarmen used her new know-how to persuade her husband, Todd, to turn his hobby selling salvaged Porsche parts into a full-time business.
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