Teva’s Bid for Mylan may Face Antitrust Issues Owing to Drug overlaps

Teva PharmaceuticalaOn Tuesday, Teva, the biggest generic drug manufacturer in the world made a $40 billion offer to buy Mylan NV. The company was also quick enough to signal that it was prepared to sell several of its overlapping assets in order to win the approval of the regulators.

Wynn Resorts Shareholders Choose to keep Elaine Wynn Out of the Board

Wynn ResortsThe long drawn feud over the re-election of Elaine Wynn, to the board of Wynn Resort Ltd, ended on Friday as ex-wife of co founder Steve Wynn failed to secure her position back as a member of the board.

Shareholders had to decide among re-electing co founder, Elaine Wynn or going with the company's proposal to re-elect two sitting board members share holders sought to go with the company's suggestions.

PepsiCo Dropping aspartame from Diet Pepsi Owing to Customer Concerns

Diet PepsiConcerned over the effects of aspartame on health, American consumers are shying away from some of their favorite diet sodas, Diet Pepsi and Diet Coke.

In response to the worries PepsiCo announced that, it is dropping the ingredient, aspartame, from its Diet Pepsi. The company will be replacing aspartame with a different artificial sweetener, sucralose, which is also commonly called Splenda.

McDonald’s New CEO will Unveil Plans of Turnaround Next Month

McDonald’s New CEO will Unveil Plans of Turnaround Next MonthMcDonald's Corporations new CEO, Steve Easterbrook has a big task in hand as he is expected to bring a turnaround in the struggling food chains economics. On Wednesday, the CEO of the fast food restaurant chain said that his plans for the turnaround will be available in the coming month.

Navinder Singh Sarao Arrested in London for being Responsible for 2010 ‘Flash Crash’

Navinder Singh Sarao Arrested in London for being Responsible for 2010 ‘Flash Crash’A London trader was arrested for being the one responsible for the Flash Crash of the Dow Jones in 2010. But, the arrest is shaking the confidence of the investors rather than boosting it.

Yahoo Inc’s First Quarter Profits Fail to Match the Analysts’ Expectations

Yahoo Inc’s First Quarter Profits Fail to Match the Analysts’ ExpectationsOn Tuesday, Yahoo Inc. reported its first quarter profits which dropped along with the quarterly revenue and failed to keep up with the analysts' expectations. The plunge is attributed to the lower prices for advert display and also the stock related compensation expense along with charges that were incurred for restructuring.

Mislabeled Anti-Parasite Drug Container Held Responsible for Killing Aquarium Fish in Texas

Mislabeled Anti-Parasite Drug Container Held Responsible for Killing Aquarium Fish in TexasLast week, 389 fish were killed at a Texas aquarium. The officials say that a mislabeled container of anti-parasite drug which actually carried poisonous chemicals may have led to the mishap.

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