royal bank of scotland

Rocker Billy Bragg Declares War on Banker Bonuses

Rabble-rousing musician Billy Bragg is urging U.K. citizens to withhold their taxes unless the government stops the Royal Bank of Scotland from awarding $2.4 billion in bonuses to its bankers. After a bailout, RBS is now government owned.

Stocks in the News: UBS, Teva, Merck, Royal Bank of Scotland, AIG

Company news that could affect stock prices today including: a Swiss court's decision that chief financial markets regulator broke the law when it ordered UBS AG to give the U.S. data about its clients, and Teva Pharmaceutical Industries' withdrawal of its appeal of a U.S. court ruling that favored Merck and its patent on the asthma treatment Singulair.