Showing posts with label Company. Show all posts
Showing posts with label Company. Show all posts

Wednesday, December 15, 2010

Bloomberg Sues Tobacco Company

Mayor Michael Bloomberg’s administration filed a suit against a Washington state tobacco company in federal court in Brooklyn this morning. Bloomberg is accusing King Mountain Tobacco Company of illegally selling and distributing untaxed cigarettes in New York. According to the Wall Street Journal, the suit states that the company made numerous shipments of unstamped cigarettes to the state and is violating three federal statutes.

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Tuesday, November 23, 2010

News Corp Takes Control of Brooklyn Company

Wireless Generation, a privately held Brooklyn-based education technology company, became a unit of News Corp yesterday. According to Reuters, News Corp acquired 90 percent of the firm for $360 million. Wireless Generation, a 10-year-old company which offers mobile and web software to teachers to access student programs, will be managed by News Corp.

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