Posts Tagged Industries

Valeant, Ackman make $45B Allergan bid

NEW YORK (AP) — Valeant Pharmaceuticals and activist investor Bill Ackman have unveiled details of their offer to buy Botox maker Allergan, proposing a cash-and-stock deal that could be worth about $45.6 billion.

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General Motors seeks more protection from suits

DETROIT (AP) — General Motors Co. and a battalion of trial lawyers are preparing for an epic court fight over whether GM is liable for the sins of its corporate past.

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Aereo CEO speaks on company, Supreme Court case

In this Wednesday, March 26, 2014 photo, Chet Kanojia, the founder and CEO of Aereo, speaks during an interview with The Associated Press, in New York. The future of Aereo, an online service that provides over-the-air TV channels, hinges on a battle with broadcasters that goes before the U.S. Supreme Court in late April 2014. (AP Photo/Mark Lennihan)

NEW YORK (AP) — Television broadcasters face off at the U.S. Supreme Court on Tuesday with Aereo, a company that offers live TV over the Internet. The case hinges on whether the service constitutes a public performance in violation of copyright law.

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Correction: Biofuels-Global Warming story

WASHINGTON (AP) — In a story April 20 about new research showing biofuels made with corn leftovers are worse for global warming than gasoline in the short term, The Associated Press erroneously reported that cellulosic biofuels that failed to release 60 percent less carbon than gasoline wouldn’t earn a $1 per gallon subsidy. That tax subsidy expired on Dec. 31, 2013.

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Warriors announce new plans for SF arena

SAN FRANCISCO (AP) — The Golden State Warriors have agreed to terms to buy 12 acres of land in San Francisco’s Mission Bay neighborhood to build a new arena.

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