Company Withholds $5 Million Bonus from Lance Armstrong
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A Dallas company that specializes in  underwriting prize money will not pay a $5 million bonus to  Lance Armstrong until it investigates claims the Tour de France  champion used performance-enhancing drugs.
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According to a longtime team owner, the offer will include the salary cap that the union has rejected throughout the negotiations.
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Pearson and General Electric decided they would not bid for Dow Jones, for which Rupert Murdoch's News Corp. has offered $5 billion.
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Lance Armstrong bristled Tuesday at a report that two former teammates admitted using performance-enhancing drugs, calling it "a hatchet job ... to link me to doping through somebody else's admission."
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NORDHAUSEN, Germany  - Workers at the Bike Systems GmbH bicycle factory in the eastern German town of Nordhausen feel betrayed by their U.S.-based private equity employer and have occupied the building since July 5 in protest.
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SILVER SPRING, Md.  - Lance Armstrong will decide  in April whether to ride in this year's Tour de France but said  on Monday he has a deal with his team's new sponsor to ride in  the world's leading cycling race at least once more.
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CALA D'OR, Spain  - If six times Tour de France  winner Lance Armstrong decides not to ride this year's event, a  victory in Paris on July 24 would be diminished his German  rival Jan Ullrich said Tuesday.
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Procter &amp; Gamble said Friday its chairman received a $3.5 million bonus because of the company&#39;s strong performance. The bonus payment is in addition to AG Lafley&#39;s base salary of $1.
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Two of Lance ArmstrongÂs 1999 Tour de France teammates said they used the banned endurance-boosting drug EPO in preparing for that yearÂs race.
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Business & money: Investor group says board withheld information and  threatens class action suit against the bank.
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The Discovery Channel will drop its sponsorship next year of the professional cycling team that was formerly led by Lance Armstrong, leaving the top United States team scrambling to find a primary sponsor.
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The owner of Floyd Landis' former cycling team will shut down operations at the end of the year, citing continuing doping issues within the sport and an inability to sell the team.
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Joe Torre refused a $5 million contract offer that would have kept him as baseballâs highest-paid manager but would have represented a cut from his present salary.
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GRANADA, Spain  - Lance Armstrong's former team   manager has described claims by one of the seven-times Tour de   France winner's team mates that he took a banned blood booster   while preparing for the 1999 race as "unfounded."
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The cancellation of a $5 billion outsourcing contract with J.P. Morgan Chase reveals a huge potential exposure for I.B.M.
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Malden Mills Industries Inc. has dropped its effort to win bankruptcy court approval for nearly $1 million in bonuses to reward five executives of the textile maker in its Chapter 11 case.
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Joe Torre refused a $5 million contract offer that would have kept him as baseballâs highest-paid manager but also represented a cut from his present salary.