Former UBS bank executive Raoul Weil was the mastermind of the Swiss bank's illegal offshore operations that helped thousands of Americans evade taxes, prosecutors said at the start of his federal trial on Tuesday.
The U.S. Supreme Court on Wednesday is set to wade into Teva Pharmaceutical Industries Ltd's fight over patent protections for Copaxone, its top-selling multiple sclerosis drug, in one of the most important business cases of the justices' new term.
Employees suing Apple, Google and two other tech companies over hiring practices said an appeals court should not approve a $324.5 million settlement in the case, according to a court filing on Tuesday.
A former banker at Switzerland's biggest bank, UBS (UBSN.VX), has been found guilty of handing over protected Swiss bank account data to the United States, according to a penalty order issued by the Swiss prosecutors' office.
