SAC Agrees to Plead Guilty to Insider Trading, Kellogg to Cut 7% of Global Workforce

SAC Capital Advisors agrees to plead guilty to insider trading and pay a $1.2 billion penalty.

Walgreens teams up with European drugstore chain Alliance Boots to increase the former’s worldwide presence.

Kellogg plans to cut about 2,000 jobs, or 7 percent of its global workforce, as part of a cost-saving plan to counter slowing sales of its breakfast items.

BlackBerry abandons plans to sell itself to its largest shareholder, Fairfax Financial Holdings.

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