Dole Food CEO, former top exec ordered to pay $148M

DOVER, Del. (AP) — A Delaware judge on Thursday ordered 92-year-old Dole Food CEO David Murdock and a former top lieutenant to pay $148 million in damages for misleading directors and shareholders in a deal that...

St. Jude and Tiffany are big market movers

NEW YORK (AP) — Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:

NYSE

St. Jude Medical Inc., up $3.09 to $72.43

Abbott is...

Environment groups: Settlement not final in oil leak lawsuit

NEW ORLEANS (AP) — The latest about a potential settlement of a lawsuit by environmental groups against a New Orleans company that failed to end a decade-old leak in the Gulf of Mexico (all times...

A Q&A with Wall Street's top psychiatrist on market turmoil

NEW YORK (AP) — When it seems like the stock market has lost its mind, big banks and investment firms often turn to one particular psychiatrist: Richard Peterson, CEO of MarketPsych, a firm that applies research...

FDA lays out proposal for naming lower-cost biotech drugs

WASHINGTON (AP) — The Food and Drug Administration released its proposal Thursday for naming lower-cost biotech drugs, a critical step in creating a market for the new class of medicines.

These quasi-generic...

Prosecutors: Lottery scam leader deserves severe sentence

BISMARCK, N.D. (AP) — U.S. prosecutors say the sentence for a man convicted in North Dakota of leading a Jamaican lottery scam should reflect the "severe mental anguish" he caused his victims.

Authorities say...

With eye on future foreign flights, Vegas airport to grow

LAS VEGAS (AP) — Las Vegas plans to double the number of international gates at McCarran International Airport with the expectation that foreign travel to the destination will climb as officials seek out prized...

Apple schedules new product event for Sept. 9

SAN FRANCISCO (AP) — Apple has announced plans for a new product event on Sept. 9 in San Francisco, where the giant tech company is expected to show off new iPhones and other gadgets.

The company has...