Social Issues Breaking News: Egypt Billionaire Sawiris Family to Invest "like Never Before"

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Social Issues Breaking News: Egypt Billionaire Sawiris Family to Invest "like Never Before"

Social Issues Breaking News: Egypt Billionaire Sawiris Family to Invest "like Never Before"
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Social Issues Breaking News: Egypt Billionaire Sawiris Family to Invest "like Never Before"

Wochit 0:58 mins

Egyptian tycoon Naguib Sawiris, whose family controls the sprawling Orascom corporate empire, says he and his brothers will be "investing in Egypt like never before" after the ousting of a president he accused of bullying opponents to his rule. Chinese police accused British drugmaker GlaxoSmithKline of channelling bribes to Chinese officials and doctors through travel agencies for six years to illegally boost sales and to raise the price of its medicines in the country. Twinkies are back, but most jobs are not. There were 18,500 people working for Hostess Brands when the company went bankrupt. But only about 20% to 25% of those jobs will end up returning when all the brands are up and running again, according to analysts.

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