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United thins management ranks

9 years 8 months ago
United Airlines has tightened its belt, laying off some high-ranking managers as it progresses deeper into its corporate makeover.

Drugmaker fined $100M for hiking price 85,000%

9 years 8 months ago
An Irish drug maker was accused of slowly hiking the price of a life-saving medication used to treat infants from $40 a vial to more than $34,000 a vial, and preventing other pharmaceutical firms from creating a competitive drug.

Esquire Network shutdown bodes ill for smaller channels

9 years 8 months ago
Esquire Network's demise isn't a loss that's going to be acutely felt by many viewers, which helps explain why parent NBC Universal opted to shut down the channel. But it speaks to a larger trend within the TV ecosystem, which is under intense economic pressure amid new and less expensive programming options.

Wilbur Ross deceived by undocumented household worker

9 years 8 months ago
Wilbur Ross didn't just have to agree to sell off a big chunk of his fortune before becoming Donald Trump's commerce secretary. The billionaire also fired a household worker who deceived him about his or her immigration status.

Obama to press: You make us better

9 years 8 months ago
Amid growing concerns about his successor's treatment of the media, President Barack Obama began his final press conference on Wednesday by stressing the importance of a free and adversarial press corps.
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