latest articles

Judge Adds Probation to $296M Guidant Plea Deal

The fine imposed on Guidant, which hid information from federal regulators about "catastrophic failures" in three of its life-saving devices, is reported to be the largest criminal penalty that's ever been handed to a medical device company.

Madoff Fraud Victims in MN Face Clawbacks

Minnesota is reportedly among the states that have the most victims of Bernie Madoff's massive Ponzi scheme and now some face more bad news: Lawsuits asking them to return money they withdrew from their accounts before the scheme surfaced.

Supervalu Stock Plummets on Weak Q3

The company lowered its fiscal 2011 earnings guidance following third-quarter sales that were "softer than . . . anticipated"-and Wall Street responded unfavorably as Supervalu stock reportedly reached its lowest levels since late 1984.