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FedEx Charged With Shipping Drugs For Illegal Online Pharmacies

Prosecutors say the company knowingly distributed controlled substances to customers who had never met with doctors. FedEx says it is innocent and that it will plead not guilty.
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Latest Wrinkle In The Jobs Debate: Blame The Boomers

Half the drop in the labor force can be explained by retirements, a White House economic report concludes. And the other half of missing workers may yet be lured back, but only with better policies.
NPR

White House Urges Lawmakers To Address Popular Tax Dodge

Treasury Secretary Jack Lew has signaled his intention to push for legislation shutting down "corporate inversions," techniques commonly used by companies to dodge the corporate income tax.
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Lawmakers Call For GM's Top Lawyer To Step Down

Delphi, the company that made the defective ignition switch in General Motors vehicles, has stayed out of the harsh glare in the recall scandal. But that changed Thursday, as Delphi's CEO joined GM CEO Mary Barra and GM's top lawyer for a grilling on Capitol Hill.
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Microsoft Announces Largest Job Cut In Its History

Microsoft plans to eliminate as many as 18,000 jobs over the next year — about 14 percent of its global workforce. The cuts would be the largest in the company's history. Microsoft recently acquired Nokia's mobile phone business, which boosted its head count by 25,000 and most of the cuts will be in that area.
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CEO Of Ignition Switch Maker Says No Responsibility For GM Deaths

Rodney O'Neal, CEO of Delphi Automotive, says the ignition switch was redesigned according to GM specifications. GM CEO Mary Barra acknowledged, "It's our responsibility."
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Microsoft Announces Biggest Layoffs Yet: Up To 18,000 Workers

In the largest layoff in the company's history, it's stripping 14 percent of its workforce. CEO Satya Nadella says it's part of a plan to make the 39-year-old company more agile and productive.
NPR

Australia Repeals An Unpopular Tax On Carbon Emissions

The tax was imposed on about 350 of the nation's top polluters under the country's previous center-left government.
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Microsoft Will Cut As Many As 18,000 Jobs

A large layoff is under way at Microsoft, as the technology company says it will cut 13,000 jobs in the next six months. All but 500 of those layoffs are related to the Nokia phone division.
NPR

Russian Officials Promise To Make U.S. Businesses Suffer

That's because President Obama announced sanctions against Russian companies in finance, defense and energy. Sanctions had focused on individuals who play a role in Russian business and government.

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