Federal regulators announced Thursday that Teva Pharmaceuticals Industries will pay $1.2 billion to settle charges that one of its subsidiaries illegally blocked the launch of low-cost generic versions of the blockbuster sleeping pill Provigil.
Bicycling enthusiasts around the world are facing higher prices as manufacturers adjust to a stronger U.S. dollar and introduce new lines of more expensive rides this summer, bike maker Dorel Industries said Thursday.
The Toronto stock market closed marginally lower amid continuing weakness in oil and mining stocks, while traders also appeared to take a negative view of details behind otherwise upbeat earnings reports from most of Canada's big banks.
By the time a potential client walks into bankruptcy trustee Andre Bolduc's office, they have generally reached the end of their financial road, unable to pay their debts and leaving them with two options. A formal consumer proposal to creditors or bankruptcy.