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Author Archives: Bloomberg News

Pfizer loses bid to get Prempro jury verdict thrown out

Pfizer Inc. lost a bid to have a judge throw out a $9.4 million jury award to an Alabama woman who developed breast cancer after taking the company’s menopause drugs. A state-court judge in Philadelphia denied requests by Pfizer’s Wyeth ...

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FIM advisers told to give Madoff trustee documents

A London judge ordered investment firm FIM Advisers to hand over additional documents to the trustee liquidating Bernard L. Madoff Investment Securities. Irving Picard, a court-appointed trustee in the Madoff bankruptcy in New York, is seeking information on whether FIM ...

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David Byrne sues Crist for using ‘Road to Nowhere’

Former Talking Heads frontman David Byrne sued Florida Gov. Charlie Crist for using the band’s song “Road to Nowhere” in a campaign ad without permission. The complaint against Crist, a longtime Republican who’s now running as an independent for U.S. ...

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Democrats embrace panel to control immigrant workers

Democrats crafting an overhaul of U.S. immigration laws are bringing a new approach to a long- stalled debate: giving a federal commission some power over the future flow of legal foreign workers. Senate Democratic leaders are drafting a measure to ...

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Reynolds told to pay $29.1 million to smoker’s widow

R.J. Reynolds Tobacco Co. must pay $29.1 million to the widow of a Florida man who started smoking at age 13 and died of chronic obstructive pulmonary disease in 2008, a jury in Fort Lauderdale said. The unanimous verdict Thursday ...

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GE accused by Mitsubishi of monopolizing wind market

General Electric Co. was accused by Mitsubishi Heavy Industries Ltd. of trying to monopolize U.S. sales of wind turbines through litigation, intimidation and fraud, claims GE dismissed as “outrageous.” Mitsubishi, based in Tokyo, is seeking damages that may exceed $1 ...

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Novartis must pay $250 million in gender bias lawsuit

A Novartis AG pharmaceuticals unit was ordered to pay a group of 5,600 female employees punitive damages of $250 million, the largest ever employment discrimination verdict according to data compiled by Bloomberg. A federal court jury in Manhattan Wednesday returned ...

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Kagan court confirmation hearings to begin June 28

The Senate Judiciary Committee will begin confirmation hearings for U.S. Supreme Court nominee Elena Kagan on June 28 as Democrats rejected a Republican bid for more time to study her record. “It is in the best interests of the court, ...

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Microsoft says firm infringes patents

Microsoft Corp. sued Salesforce.com Inc. Tuesday, accusing the company of infringing nine patents for ways to make software more efficient. The complaint targets the customer-relationship management software that is the hallmark of Salesforce.com’s business. It seeks a court order that ...

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Arizona immigration law challenged by ACLU in suit

The American Civil Liberties Union is leading a legal challenge to Arizona’s new law targeting illegal immigration, claiming the measure would allow racial profiling by the police. A group of civil rights organizations led by the ACLU alleges that the ...

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Toyota plaintiffs’ lawyers jockey to lead lawsuits

Several dozen lawyers are asking a federal judge in California Thursday to appoint them to leadership positions over lawsuits against Toyota Motor Corp. related to sudden acceleration. Toyota, the world’s largest automaker, is facing at least 228 federal and 99 ...

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