Young & Rubicam Loses Two Big-Ticket Clients
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The efforts to revive Young & Rubicam suffered twin setbacks this week as the agency lost two large accounts from major clients within hours of each other.
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Martin E. Weisberg, a corporate lawyers accused of participating in a $55 million stock fraud scheme, has been forced to resign from Baker & McKenzie, the firm said in a statement Thursday. Federal prosecutors and the Securities and Exchange Commission have charged Mr. Weisberg with participating in a fraud and money-laundering operation involving two companies, Xybernaut [...].
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One man was a millionaire Manhattan investment banker who supported cultural institutions like Lincoln Center. The other was an electrician from Long Island with a history of alcohol abuse and numerous scrapes with the law.
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The work may have been subcontracted to another firm.
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Late-stage drugs are crucial for a company beset with patent losses.
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Two young heirs to the Pritzker family  fortune that includes the Hyatt hotel chain have settled their  lawsuit charging the family had emptied their billion-dollar  trust funds, the hotel chain said on Thursday.
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The guilty plea is the latest blow to a powerhouse firm that once dominated the landscape for class-action securities lawsuits.
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UK mesh pioneer taken out of administration
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Profit from companies that are breaking in two.
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Andy Roddick lost to Igor Andreev and James Blake was beaten by Ivo Karlovic, meaning both seeded Americans disappeared in the same day.
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Two big consumer products companies issued profit warnings, underscoring an increasingly tough competitive landscape for some of the world's best-known brands.
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Two top-ranking executives of the insurance brokerage unit at Marsh &amp; McLennan Company and the company&#39;s general counsel were forced out yesterday as Marsh took another step in reorganizing
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The company is a second-string wholesaler no more.
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Google has lost the services of the co-founders and top executives of dMarc Broadcasting,Â the radio advertising company Google acquired one year agoÂ to push into that market.
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The tumultuous tour pairing platinum-selling stars R. Kelly and Jay-Z has come to an abrupt end. The cancellation came one day after Kelly walked offstage during a performance and allegedly
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Some aggrieved investors are turning to lawyers to pursue possible legal claims stemming from losses at two Bear Stearns Cos.  hedge funds that were virtually wiped out from large, illiquid bets on risky mortgages.
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NEW YORKâShares of Global Crossing Ltd. lost nearly 20 per cent in value yesterday on concerns it could face a second bankruptcy after it said it is cutting 600 jobs as it negotiates with lenders for financing.