Economy & Business

Business
3:02 am
Tue November 5, 2013

Johnson & Johnson Settles Marketing Charges

Originally published on Tue November 5, 2013 4:08 am

Johnson & Johnson became the latest drugmaker to reach a costly agreement with the federal government over charges of improper marketing. The widely anticipated settlement, unveiled Monday, covers Natrecor, a drug for congestive heart failure, and antipsychotics Risperdal and Invega.

Sports
3:02 am
Tue November 5, 2013

Sacramento Kings Look To India To Attract New NBA Fans

Originally published on Tue November 5, 2013 4:24 am

Last year, Sacramento Kings fans were saying goodbye, expecting the NBA team to move to Seattle. But new ownership came together just in time, and the Kings stayed put. The new management plans to build the Kings into a contender, and a big part of that blueprint involves building up a fan base in — believe it or not — India.

Around the Nation
4:46 pm
Mon November 4, 2013

NYC Race Focuses On Income Gap, But How Much Can A Mayor Do?

New York City mayoral candidate Bill de Blasio rides the subway while greeting commuters in New York on Monday.
Seth Wenig AP

Originally published on Mon November 4, 2013 6:42 pm

Voters in New York City go to the polls Tuesday to choose their next mayor, and it appears all but certain that they'll elect Bill de Blasio, the city's public advocate.

The Democrat has built a wide lead in the polls by distancing himself from the incumbent mayor, billionaire Michael Bloomberg. In fact, de Blasio has made income inequality the central issue of his campaign, name-checking the Charles Dickens novel A Tale of Two Cities dozens of times at debates and stump speeches.

Read more
Business
4:43 pm
Mon November 4, 2013

SAC Capital To Pay $1.2 Billion Insider Trading Settlement

Originally published on Mon November 4, 2013 6:42 pm

Transcript

AUDIE CORNISH, HOST:

As we mentioned a few minutes ago, the hedge fund company SAC Capital has agreed to plead guilty to criminal charges of insider trading. The agreement with the Justice Department also calls for a huge fine, $1.2 billion. And as NPR's Jim Zarroli reports, the company will also be barred from taking money from outside investors.

Read more
Business
4:43 pm
Mon November 4, 2013

Johnson & Johnson To Pay $2.2 Billion Settlement

Originally published on Mon November 4, 2013 6:42 pm

Transcript

AUDIE CORNISH, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Audie Cornish at NPR West in California.

MELISSA BLOCK, HOST:

I'm Melissa Block in Washington, D.C.

And we begin this hour with news of two huge corporations, each of them resolving criminal and civil allegations in two separate cases. One is the hedge fund SAC, pleading guilty to insider trading. The other, pharmaceutical giant Johnson & Johnson, paying $2.2 billion to settle criminal and civil investigations. And we'll start with that story.

Read more

Pages