Ex-SEC investigator settles whistleblower retaliation lawsuit
WASHINGTON (Reuters) – A former internal investigator at the Securities and Exchange Commission who claimed he was fired for trying to blow the whistle on possible misconduct has reached a $580,000 settlement with the SEC, his lawyer said on Monday.
Envelope maker files second bankruptcy in three years
(Reuters) – National Envelope, the largest private U.S. envelope maker, sought bankruptcy protection for the second time in three years Monday as cost cuts failed to keep pace with the decline in mail usage.
British Airways to receive Boeing Dreamliner from June 26
LONDON (Reuters) – British Airways will receive its first two Boeing 787 Dreamliner planes on June 26 and 27 and its first Airbus A380 superjumbo jet seven days later, becoming the first European airline to operate both aircraft.
Regulators move closer to Pontiac G6 recall
DETROIT (Reuters) – Regulators have escalated to an engineering analysis a recall query involving 551,511 model year 2005 to 2008 Pontiac G6 sedans because of several issues, including malfunctioning brake lights.
Wal-Mart CEO, others again get many ‘No’ votes from shareholders
(Reuters) – Wal-Mart Stores Inc shareholders approved the election of all 14 director nominees at the company’s annual meeting last week, but many again voted against Chief Executive Michael Duke and others as the company continued to face fallout from…
AstraZeneca buys U.S. lung drug firm Pearl for up to $1.15 billion
LONDON (Reuters) – AstraZeneca is to buy U.S. respiratory drug specialist Pearl Therapeutics for up to $1.15 billion as Britain’s second biggest drugmaker steps up a drive to rebuild its product pipeline via deal-making.
U.S. justices agree to hear BG Group arbitration case
WASHINGTON (Reuters) – The U.S. Supreme Court on Monday agreed to hear British company BG Group Plc’s appeal over a $185.3 million arbitration award it won against Argentina that an appeals court later threw out.
Bank of America Merrill Lynch, JP Morgan top Extel awards
LONDON (Reuters) – Bank of America Merrill Lynch scooped the prize as top pan-European equity brokerage at the annual Thomson Reuters Extel Awards on Monday, ending UBS’s 12-year winning streak.
Deloitte buying advisory firm McColl Partners
NEW YORK (Reuters) – Accounting and financial services firm Deloitte LLP struck a deal on Monday to buy boutique mergers and acquisitions advisory firm McColl Partners LLC in a bid to strengthen its position as an adviser on middle-market deals.
Travelers to buy insurer from Canada’s E-L Financial for $1.1 billion
(Reuters) – U.S. insurer Travelers Co Inc said it would buy Dominion of Canada General Insurance Co from E-L Financial Co Ltd for about $1.1 billion to boost its presence in Canada.
