Retired US Securities and Exchange Commission trial lawyer James Kidney's latest criticism against the US Securities and Exchange Commission's efforts in bringing cases against Wall Street leaders underlines the agency's lack of teeth in holding entities responsible for the 2008 credit crisis.
A decision of a Lafayette, Louisiana court jury has ordered Takeda Pharmaceutical Co and Eli Lilly & Co to pay a total of $9 billion in punitive damages to complainant Terrence Allen, who claimed the Japanese drug Actos had caused him to develop bladder cancer.
The Philippines' Supreme Court had approved today several parts of the country's Reproductive Health Act, which gained controversy as conservative groups led by the Catholic Church had renounced the bill due to its mandate on reducing population, Bloomberg said.