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Bag Tax Rollback Considered In Montgomery County

A revision to the bag tax is being considered in Montgomery County that would exempt retailers not involved with in the sale of food.


Sportvision Wants To Take You (Home) To The Ballgame

You may know Sportvision as the creators of the yellow line you see on the field during football broadcasts. But the company makes graphical enhancements for all kinds of sports — and hopes its innovations will make watching games on TV even better than cheering from the sidelines.

Twitter Ups Share Price Ahead Of IPO

Twitter is expected to begin selling shares to the public on Thursday. The company raised its price range to $23 to $25 per share Monday amid strong interest in the IPO. In just a few years, Twitter has influenced politics, language and the media, but it has yet to turn a profit. The company's executives believe that will change as it grabs a significant share of mobile advertising revenue.

Johnson & Johnson To Pay $2.2 Billion Settlement

Johnson & Johnson will pay $2.2 billion to settle civil and criminal investigations related to mis-marketing of prescription drugs Risperdal, Invega and Natrecor.

SAC Capital To Pay $1.2 Billion Insider Trading Settlement

SAC Capital has agreed to pay $1.2 billion to settle criminal insider trading charges. SAC will also plead guilty to multiple counts of securities fraud and will close its business to outside investors. The agreement will be submitted to two district court judges for approval. SAC's founder Steven Cohen has been under investigation, but was not charged today.

Johnson & Johnson To Pay $2.2 Billion In Marketing Settlement

A company subsidiary pleaded guilty to a misdemeanor charge stemming from the promotion of antipsychotic Risperdal for the treatment of dementia in elderly patients. The Food and Drug Administration never approved the drug for that use.

SAC Capital Agrees To Plead Guilty To Insider Trading

The hedge fund giant also agreed to pay a $1.8 billion fine to settle charges. Prosecutors say that insider trading at the company was substantial, pervasive and on a scale without known precedent in the hedge fund industry.

Pop In A Cassette And Celebrate? Chrysler's Minivans Are 30

The vehicle that arguably saved a car company and became a cultural icon first rolled off an assembly line in November 1983. readers shared stories and photos. Check out their memories.

BlackBerry Abandons Plans To Sell Itself, Replaces CEO

A few weeks ago, the smartphone maker announced it had signed a letter of intent to sell the company valued at $4.7 billion to Fairfax Financial Holdings. Instead, in a statement released Monday, BlackBerry announced it will receive a $1 billion investment from Fairfax Financial and others. BlackBerry CEO Thorsten Heins will step down and be replaced by interim CEO John Chen.

BlackBerry Abandons Sales Plans, Will Replace CEO

Thorsten Heins took over the struggling mobile company last year, but his tenure was marked by product flops.