A US court has heard how pharmaceutical giant Merck knowingly concealed the risks of its arthritis drug Vioxx.
The allegation was made by a lawyer for Thomas Cona, 59, who blames his heart attack on the once popular treatment.
Being heard before a New Jersey judge, it is the latest of thousands of Vioxx cases due to go to court
Coca-Cola warned the British education secretary it might withdraw its vending machines network from schools over her ban on “junk food”, letters show.
The company told her last November that the proposed ending of fizzy drinks sales would make the business unviable.
It said schools would lose money and pupils would suffer from the removal of such “a highly efficient country-wide beverage distribution system”
Enron regularly used money from its reserves to manipulate profits, a former senior executive at the US energy firm has testified.
David Delainey told the trial of former Enron bosses Ken Lay and Jeffrey Skilling that hiding losses was “standard operating procedure”.
“At Enron, we tended to be pretty fast and loose with its rules,” he said
Enron boosted its earnings by dipping into reserve accounts, a former chief accountant at a unit of the scandal-hit energy company has testified in court.
Wesley Colwell claimed that he shifted $14m (£8m) from one account onto Enron’s balance sheet so that the firm could beat Wall Street profit targets.
Prosecutors are trying to prove that Enron’s former bosses manipulated accounts to boost its share price
Google has denied accusations that its new Chinese-language search engine is operating without a licence.
It follows a report in the Beijing News that Google did not have the correct paperwork for its China site.
The web giant has rejected the allegation, saying it was operating under the licence of its business partner, Ganji
The US mining giant Newmont has agreed to pay Indonesia $30m in an out-of-court settlement over alleged pollution in North Sulawesi.
The money will be paid over 10 years to fund environmental monitoring and community development.
The Indonesian government will drop a civil case against Newmont, but a criminal trial of a top local executive will continue
A leading US digital rights campaign group has warned against using Google software which lets people organise and find information on their computers.
The Electronic Frontier Foundation said the latest version of Google Desktop posed a risk to privacy.
This is because a feature in the software lets Google keep personal data on its servers for up to 30 days
Insurance giant American International Group has agreed to pay more than $1.6bn (£920m) to settle state and federal charges of accounting abuses.
Under the settlement, AIG also agreed to change the way it carries out its business to ensure proper accounting practices in the future
The internet giant Yahoo has been accused of providing China with information that led to the jailing of a second internet writer.
Media watchdog Reporters Without Borders claims that Yahoo released data which led to the arrest of Li Zhi.
The online writer was jailed for eight years in 2003, after posting comments that criticised official corruption
The chief executive of General Motors (GM) is to take a 50% pay cut to help the struggling carmaker save money.
Rick Wagoner and other executives have agreed to reduce their pay and forgo bonuses as part of radical measures aimed at improving GM’s finances.
GM is also halving its annual investor dividend – the first cut in 13 years – which will save it $565m (£323m)