Finance

Scotland’s finance chief quits over messages to teenager

Scotland’s finance minister has resigned after he reportedly sent hundreds of messages to a 16-year-old boy on social media February 6, 2020, 10:08 AM 1 min read LONDON — Scotland’s finance minister has resigned, hours before he was due to deliver his annual budget, after he reportedly sent hundreds of messages to a 16-year-old boy […]

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Bernie Madoff Asks To Be Released From Prison Due To Failing Health

NEW YORK, Feb 5 (Reuters) – Bernard Madoff is dying of kidney failure and seeking early “compassionate release” from his 150-year prison sentence for masterminding what prosecutors have called the largest Ponzi scheme ever, according to a court filing on Wednesday. Madoff, 81, suffers from terminal kidney failure and has less than 18 months to

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Merck to spin off assets with $6.5B in sales; 4Q profit up

Drugmaker Merck beat Wall Street’s fourth-quarter profit expectations, but investors weren’t as happy with the biggest move Merck’s made in years: deciding to spin off its women’s health division and other operations with $6.5 billion in annual revenues. The maker of cancer blockbuster Keytruda announced the plan along with its quarterly results, saying the two

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