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Europe's Markets

Europe's Markets Lower Wednesday at Mid-Day

European shares slipped from five-month highs on Wednesday, with Italy's UniCredit leading banks lower after it priced a capital increase at a deep discount, suggesting a weak appetite at a time when several lenders face capital increases.

GE Healthcare to pay $30 million to settle False Claims Act

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General Electric Co's healthcare equipment unit paid more than $30 million to settle allegations that a company it bought in 2004 provided false information to overcharge Medicare for a drug used to diagnose heart disease, the Justice Department said.
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Olympus ex-CEO campaigns to oust board

Olympus ex-CEO campaigns to oust board

Woodford, who blew the whistle on accounting tricks at Olympus after he was sacked in October, said he was putting together a team of candidates for a new board and talking to shareholders about replacing the current leadership, hopefully by February.
Former Olympus CEO Woodford speaks about an accounting scandal at the company during an event in Tokyo

Olympus Ex-CEO Campaigns to Oust Board, Reclaim Top Job

The former chief executive of disgraced Olympus Corp, Michael Woodford, launched a campaign on Thursday to oust the board of directors, reclaim his old job and bring in his own team to save the Japanese firm from a big accounting scandal.
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Olympus Ex-CEO Woodford Campaigns to Oust Board

The former chief executive of Japan's disgraced Olympus Corp, Michael Woodford, launched a campaign on Thursday to oust the board of directors, reclaim his old job and install his own team to save the firm from a big accounting scandal.
Ontario finance minister Duncan answers questions at a news conference after the Canadian finance ministers meeting in Kananaskis.

Ontario cuts growth targets, says budget on track

The Ontario government cut its growth, revenue and reserve targets on Wednesday, but said it was still on track to balance the budget in six years, without lowering total program spending or raising taxes.
U.S. President Barack Obama signs the health insurance reform bill as Marcelas Owens looks on in the East Room at the White House in Washington, March 23, 2010.

Supreme Court Agrees to Hear Obama Healthcare Law

The Supreme Court agreed on Monday to decide the fate of President Barack Obama's healthcare law, with an election-year ruling due by July on the healthcare system's biggest overhaul in nearly 50 years.
Kris Gopalakrishnan, CEO of Infosys Technologies, speaks during a news conference on the sidelines of the G20 CEO Summit in Seoul November 9, 2010.

Infosys Seeks Acquisitions Worth up to $700M

Infosys Ltd, India's No.2 software services exporter, is looking for acquisitions worth up to $700 million, Infosys' Executive Co-Chairman Kris Gopalakrishnan said on Thursday.

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