Calif. Jury Awards $15.6M to Nestle Model
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GLENDALE, Calif. - A jury has awarded $15.6 million to a man whose image was used for years without his permission on Taster's Choice coffee labels.
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In a Feb. 20 story about the Supreme Court throwing out a damages award against Weyerhauser Co., The Associated Press reported erroneously the amount a jury said Weyerhauser should pay. The jury award was $26.25 million, not $29 million. The corrected version of this story appears below.
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Global food giant Nestle announced a 14.0-percent rise in 2006 net profit to 5.7 billion euros on Thursday and said prospects for 2007 looked good as it moved further into the health and well-being markets.
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A San Francisco law firm filed an antitrust lawsuit Thursday in state court against 15 of the biggest drugmakers, alleging they have conspired to charge &quot;artificially higher prices
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The company will pony up $2.6 million to settle a lawsuit over allegedly flawed electronic voting systems it sold to California counties. Surprise: E-vote activists still aren't happy.
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A Florida jury has ordered Merrill Lynch to pay $6 million, finding that it took advantage of the New Jersey philanthropist George Rothman and his wife.
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Nestle SA, the world's biggest food and drink company, reported at 14 percent increase in 2006 profit Thursday after it increased prices and restructured some parts of the business as it seeks to focus on health and nutrition.
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Aug. 18 (Bloomberg) -- Nestle SA, the world&#39;s largest food company, said first-half profit rose 2.1 percent, less than forecast, as sales in Western Europe declined and costs for sugar, milk and packaging increased.
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Judge Lewis A. Kaplan of Federal District Court in Manhattan gave final approval to a $50 million partial settlement by Banca Nazionale del Lavoro of Italy and units of the Credit Suisse Group in an investor lawsuit over the collapse of the Italian dairy company Parmalat in 2003. Banca Nazionale and units of Credit Suisse each will pay $25 million and make corporate governance changes. The judge also approved expenses of $6 million for lawyers of the plaintiffs.
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Honeywell International Inc. will pay $2.15 million to settle an age discrimination lawsuit by workers who were terminated or demoted in 1997 at AlliedSignal, which Honeywell
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Swiss food group Nestle reported first-half net profit rose by 2.1 percent to 2.838 billion Swiss francs (1.85 billion euros, 2.28 billion dollars) from a year ago, below market expectations, but predicted improvement in the second half.
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French oil giant Total said that 2006 adjusted net profit soared to 15.8 billion dollars, a record figure for any French company that revived pressure on the group to make a greater contribution to the common good.
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A Los Angeles jury on Friday cleared Irvine, California-based pharmaceutical company Allergan Inc. and a prominent dermatologist of claims that they poisoned the wife of former movie studio head Mike Medavoy with Botox injections.
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A federal jury told wireless chip supplier Qualcomm Inc.  to pay smaller rival Broadcom Corp.  $19.6 million in damages for infringing three of its patents, the companies said on Tuesday.
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SHENZHEN, China  - In his dim two-room flat, Huang Renzhong showed a visitor a Mickey Mouse statuette and explained how creating Disney figurines during 15-hour work days in a grim factory led to a $90,000 lawsuit.
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NESTLE SA, the world&#39;s biggest food and drink company, posted a modest 2 per cent increase in profits for the first half of the year as it faced such challenges as higher prices for raw materials like milk and coffee as well as cooler temperatures, which ...
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E. Neville Isdell, Coca-Cola Co.&#39;s new chairman and chief executive officer, could receive an annual compensation package worth $15 million.