Pabst Brewing Company Acquired by Russia’s Oasis Beverages, Oracle’s CEO Larry Ellison Steps Down, Home Depot Sees Major Card Breach

There’s a blue ribbon on it for a reason, right? Russia’s Oasis Beverages announced this week that it will be acquiring the American company, Pabst Brewing Co.

Forget Target’s card breach during the holidays, Home Depot has said that 56 million cards may have been compromised in the past five months.

The British pharmaceutical company, GlaxoSmithKline, was found guilty of bribery in China and has been served a nearly $500 million fine. The company has plead guilty and will not appeal.

Oracle founder, Larry Ellison, has stepped down from his post as CEO after 35 years and will now become Chairman. Mark Hurd and Safra Catz have been named Co-CEOs.

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