Tuesday, May 22, 2012

Jha out at Motorola

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Sanjay Jha steps down as CEO at Motorola Mobility

Sanjay Jha has stepped down as chief executive of Motorola Mobility, whose $12.5 billion acquisition by Google has closed, the Libertyville-based company said Tuesday.


Fire under probe at ADM plant in Decatur

A small fire broke out at one of agribusiness giant Archer Daniel Midland's plants in Decatur, Ill., on Friday morning.

Europe working on secret plan in case Greece exits

European officials are working on contingency plans in case Greece bombs out of the euro zone, the EU's trade commissioner said on Friday, while Berlin said it was prepared for all eventualities.

Did I really buy Facebook stock? Hard to say

 Individual investors were left guessing for more than two hours on Friday about whether their buy and sell orders for newly issued Facebook shares were actually executed.

Obama, new French president want G-8 to promote growth

U.S. President Barack Obama said after meeting French President Francois Hollande at the White House on Friday that the Group of Eight should focus on ways to promote growth alongside budget cuts in Europe to help ease the euro zone crisis.

Facebook fizzles on 1st day Facebook fizzles on 1st day

 Facebook shares rose less than expected on their first day of trade on Friday and huge order volume caused technical problems that marred the coming out party of the No. 1 online social network.

Abbott to pay $1.6B to settle Depakote claims Abbott to pay $1.6B to settle Depakote claims

Abbott Laboratories said Monday it will pay $1.6 billion to settle federal and state claims that it illegally marketed the anti-seizure medication Depakote for uses not approved by the Food and Drug Administration.

CME Group CEO Donohue to step down in May CME Group CEO Donohue to step down in May

CME Group Inc. Chief Executive Officer Craig Donohue, who has led the exchange operator since 2004, will leave the company, probably before its annual meeting next month, he said on Thursday.

U. of C. reaches $10M settlement in James Tyree's death U. of C. reaches $10M settlement in James Tyree's death

A $10 million settlement related to the death of former Chicago Sun-Times owner James Tyree has been reached between his estate and the University of Chicago Medical Center, where he died in March 2011 partly due to a medical error.


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