Unions representing workers at United Airlines have reacted with anger to the US carrier’s plans to pay a $250m (£123m) dividend to its shareholders.
Thousands of staff took pay cuts to help the airline rebuild its finances after it went into bankruptcy in the aftermath of the 9/11 attacks.
Union officials said the investor payout betrayed the efforts of staff to revive the airline’s reputation
US drugmaker Bristol-Myers Squibb and a subsidiary have agreed to pay more than $515m (£251.7m) to settle allegations of marketing certain drugs illegally.
The fines issued by the US Department of Justice mark the end of a probe into the firm’s drug pricing practices that began a number of years ago
Computer company Dell has said it will restate four year’s worth of accounts because figures were tweaked so that the firm could meet earnings targets.
Dell said that the changes would cut about $150m (£75m) from its net profit, less than many analysts had predicted.
An audit found that “certain adjustments appear to have been motivated by the objective of attaining financial targets”, Dell explained
British Airways has been fined about $550 (£270m) after it admitted collusion in fixing the prices of fuel surcharges.
The US Department of Justice has fined it $300m (£148m) for colluding on how much extra to charge on passenger and cargo flights, to cover fuel costs.
It followed a decision by the UK’s Office of Fair Trading to fine BA $250m (£121
Intel abused its dominant position in Europe by giving customers incentives to favour its products over those of its main competitor, regulators allege.
The initial findings of a probe by the European Commission has concluded the chip firm engaged in anti-competitive action to thwart principal rival AMD.
Regulators have the power to fine Intel up to 10% of annual turnover if they find it guilty of stifling competition
Some HSBC customers in a Dorset village will no longer be able to see their bank manager as the branch turns into one of the most exclusive in England.
At its Canford Cliffs branch, the self-titled “world’s local bank” will only allow face-to-face banking for its “premier” customers.
The move, which starts in June, means Canford Cliffs will be the country’s only exclusively “premier” HSBC branch
British oil giant BP has been heavily criticised by US safety investigators over a refinery disaster that killed 15 workers in 2005.
According to the draft report from the US Chemical Safety Board, the blast was the result of lax safety culture at BP.
The report also said that the agency in charge of spotting safety problems had failed to see warning signs
Wal-Mart will face a lawsuit claiming pay discrimination against more than a million female US employees after a court approved the action.
A federal appeals court upheld a 2004 ruling giving the lawsuit class action status, sanctioning claims from up to 1.5 million current and former staff
GE Capital Bank, which is behind many High Street store cards, has been fined £610,000 ($1.2m) for payment protection insurance (PPI) sales breaches.
The Financial Services Authority (FSA) said the General Electric UK subsidiary failed to adequately control insurance sales and to treat customers fairly
Secret emails reveal that the UK’s biggest drug company distorted trial results of an anti-depressant, covering up a link with suicide in teenagers.
Panorama reveals that GlaxoSmithKline (GSK) attempted to show that Seroxat worked for depressed children despite failed clinical trials.
And that GSK-employed ghostwriters influenced ‘independent’ academics