GlaxoSmithKline manager flees China 4 Glaxo execs arrested for alleges bribes including sexual favors

By Jeffrey A. Newman The British manager of GlaxoSmithKline is reported to have fled China as four senior executives from the British pharmaceutical company are being held by Chinese police on suspicion of having bribed Chinese physicians, government officials, medical industry associations, foundations and hospitals to purchase Glaxo drugs. Reports are also circulating that Glaxo...
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HP CEO Hurd Resigns Over Sexual Harassment Probe

HP CEO Mark Hurd resigned today after a sexual harassment probe found he had a close personal relationship with an HP contractor who received improper payments. The announcement caused Hp shares to drop ten percent. He will reeive a severance of 12.2 million. He had been earning 39 million per year.