Bond funds have netted an estimated $170 billion this year, while the price of gold has more than quadrupled.
US pharmaceuticals giant Pfizer allegedly conducted nonconsensual drug tests on 200 Nigerian children, some of whom died. The Supreme Court Tuesday allowed a civil lawsuit against Pfizer to go forward.
Pharmaceutical mogul Chirayu Amin is now the IPL (Indian Premier League) interim chief. Lalit Modi was suspended Sunday over allegations of corruption and financial irregularities while he chaired the IPL.
While Congress mulls healthcare reform, US drug companies appear to be shifting profits to foreign locations where taxes are lower.
Investors have redeemed $1.3 billion from troubled hedge firm Galleon.
Senator Chris Dodd, among other senators involved in upcoming health care legislation, have family ties or financial investments in the industry they are meant to reform.
Many moves were already under way to change the compensation culture.
Major job cuts announced this week add urgency to the bill as it nears a House vote.