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United Kingdom

Tim McLaughlin

Insys founder Kapoor sentenced to 66 months in prison for opioid scheme

9:49pm GMT

BOSTON John Kapoor, the founder of Insys Therapeutics Inc , on Thursday was sentenced to 66 months in prison for his role in a bribery and fraud scheme that contributed to the U.S. opioid crisis.

Insys founder faces stiff prison sentence, $100 mln-plus in forfeiture

12:28pm GMT

BOSTON, Jan 23 John Kapoor, the founder of Insys Therapeutics Inc, on Thursday could be sentenced to several years in prison and ordered to forfeit up to $113 million for his role in a bribery and fraud scheme that contributed to the U.S. opioid crisis.

U.S. senators ask for government investigation of coal tax credit program

23 Dec 2019

BOSTON Three U.S. Democratic senators have asked the investigative arm of Congress to evaluate a $1 billion-a-year subsidy for burning chemically treated refined coal, after research has shown that some power plants using the fuel produced surging amounts of mercury and smog instead of cutting pollution.

Boston Marathon bomber death penalty jury not properly questioned, lawyer argues

12 Dec 2019

BOSTON Boston Marathon bomber Dzhokhar Tsarnaev's lawyer on Thursday asked a federal appeals court to overturn his death sentence, saying prospective jurors were not thoroughly questioned, violating a 51-year-old standard for weeding out bias.

Boston's trauma to be dissected as marathon bomber appeals death sentence

09 Dec 2019

BOSTON This city's deepest wound - the 2013 Boston Marathon bombings that killed three and injured hundreds more - will be re-examined Thursday when lawyers for bomber Dzhokhar Tsarnaev seek to have his death sentence lifted because the jury pool was too traumatized to render a fair verdict.

Fidelity Investments names new head of $3 trillion asset management division

03 Dec 2019

BOSTON Fidelity Investments on Tuesday named Bart Grenier, who was at the center of a tickets scandal at the mutual fund company more than a decade ago, to lead its nearly $3 trillion asset management division.

Off the radar: U.S. CEOs' jet perks add millions to corporate tax bills

02 Dec 2019

BOSTON As U.S. corporate jet use approaches pre-financial crisis levels and chief executives take an increasing number of personal trips on the company tab, many investors are being kept in the dark about the true cost of the perk.

U.S. company directors compensated more than ever, but now risk backlash

11 Nov 2019

(This November 8 story corrects spelling of analytics firm ESGauge, paragraph 10)

INSIGHT-US company directors compensated more than ever, but now risk backlash

08 Nov 2019

* S&P 500 directors' average compensation above $300,000 in 2018

Fidelity Contrafund cuts value of WeWork stake by 35%

30 Oct 2019

BOSTON Fidelity Investments cut the value of Contrafund's stake in WeWork Companies Inc by 35% in September amid turmoil surrounding the office-sharing startup's failed initial public offering (IPO).

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