A woman is suing Frito-Lay, the snack division of PepsiCo, for what she says is deceptive use of the phrase “all natural ingredients” on its packages of products like Tostitos […]
In a letter to current Microsoft CEO Satya Nadella, Steve Ballmer announced he was stepping down from Microsoft’s board. Ballmer, who was associated with the company for 34 years and was its CEO from 2000 to 2014, cites his role with the LA Clippers and other responsibilities for his resignation from the board. (He bought the Clippers in May from embattled owner Donald Sterling.) Ballmer is Microsoft’s top individual shareholder.
August 18, 2014
In an update last week, D&B Editor Tracey Panek noted the fifth consecutive year of declining revenue for IT services firm Computer Sciences Corporation (CSC). The company’s fiscal 2014 (ended March) revenue of about $13 billion is down nearly 25% from the $16.7 billion it posted in fiscal 2009. To turn itself around, CSC has emphasized cost-cutting and operational efficiencies, as well as focusing its operations around specialized software and technology services. The company has divested several businesses in recent years, including its credit service business, its Australian IT staffing business, and its flood insurance BPO business.
August 18, 2014
A new federal law gives US veterinarians greater flexibility to treat animals outside clinics. The Veterinary Medicine Mobility Act, signed into law in August 2014, amends a provision in the Controlled Substances Act that had prevented vets from transporting, administering, and dispensing controlled substances (such as those needed for pain management, anesthesia, and euthanasia) beyond their registered location. Veterinarians with mobile practices in the US can now carry the necessary medications when attending to animals away from their clinics. Read more in our Veterinary Services profile.