Much has been reported about the scandal in Hewlett-Packard Company wherein their chief executive Mark V. Hurd has been ousted Mark V. Hurd for mistating expenses. A celebrity named Jodie Fisher has been involved in the scene. She has appeared in several steamy movies like “Sheer Passion” and...
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The agency’s governing body of the UN nuclear watchdog passed a resolution condemning Iran for developing a uranium enrichment site in secret. The International Atomic Energy Agency (IAEA) also demanded that Iran freeze the project immediately. The resolution, first against Iran in nearly four years, was passed by a margin of 25.3 with six abstentions. But Iranian...
The world’s largest research-based pharmaceutical company, Pfizer, recently agreed to settle with the US Justice Department against the lawsuit filed against them for ilegally marketing their drugs. The settlement, amounting to $2.3 Billion, is the largest national settlement in US history! “Pfizer promoted the sale of Bextra for several uses and dosages that...
Walt Disney Co., the world’s largest media company has just acquired Marvel in a $4 billion deal in cash and stock adding the line up of comic-book characters like Spider Man and Iron Man to its roster of action stars. Marvel stock owners will receive a $30 a share plus 0.745 share of Disney stock. Marvel’s acquisition is the second largest acquisition of Disney...