Business

Bankrupt U.S. companies would have more leeway to impose restructuring plans over creditors’ objections under new recommendations by a commission to overhaul Chapter 11 bankruptcy rules.

Australia's major banks should set aside more capital to ensure they can survive a repeat of the global financial crisis, a government-backed review recommended on Sunday, a measure that may rein in the banks' hefty dividend payouts.

A former Sanofi SA paralegal has sued the French pharmaceutical company, saying it fired her for alleging it had paid $34 million to get doctors, hospitals and pharmacies to switch patients to its diabetes drugs.