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Ford agrees to spend $3.1B to get maximum tax incentives in deal limiting Michigan's liability

2015-06-08 22:35:40| Automakers - Topix.net

Ford Motor Co. would have to invest $3.1 billion in Michigan facilities over the next 10 years to qualify for the state's maximum possible tax credits under a deal approved Monday that limits the state's liability for incentives it issues to keep auto jobs in the state.

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CSC Agrees To $190M Settlement With SEC Over Accounting Fraud Charges

2015-06-05 22:42:36| IT Services - Topix.net

The Securities and Exchange Commission Friday charged CSC and eight former executives of the solution provider giant with multiple counts of accounting fraud. The Falls Church, Va.-based solution provider has agreed to a $190 million penalty to settle the case.

Tags: sec accounting charges fraud

 
 

Ukraine agrees to fill gas storage for smooth transit of Russian gas to Europe

2015-06-05 01:00:00| Hydrocarbons Technology

Ukrainian government has given its consent to pump enough gas into its storage facilities to keep up the pressure in order to ensure transportation of Russian gas to Europe in winter.

Tags: to europe storage gas

 

Phila. biotech firm agrees to pay $2.75M settlement

2015-06-03 21:15:35| Biotech - Topix.net

A Philadelphia biotechnology company has tentatively agreed to pay $2.75 million to resolve a lawsuit brought by its shareholders, who allege the company made "material misrepresentations and omissions" regarding the status of a new drug application for its lead new drug candidate. The class action lawsuit was filed against Hemispherx Biopharma , which has spent more than three decades developing Ampligen for a variety of possible uses.

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Teva Agrees to Pay $1.2 Billion in FTC's Pay-For-Delay Suit Against Cephalon

2015-06-01 22:33:23| Biotech - Topix.net

Recently, the FTC announced that it reached a settlement in its pay-for-delay lawsuit, FTC v. Cephalon Inc .

Tags: pay suit billion agrees

 

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