The EU "took unilateral action and retroactively changed the rules, disregarding decades of Irish tax law, U.S. tax law, as well as global consensus on tax policy, that everyone has relied on," Apple said.
Pfizer said that it “refutes” the findings of the regulator. Both companies said they will appeal.
The manager worked in the testing department and instructed eight employees at Foxconn's factory in the Chinese city of Shenzhen to smuggle out thousands of iPhone5 and iPhone5s, prosecutors said.
Regeneron Pharmaceuticals Inc. CEO Leonard Schleifer accusing fellow drug company executives of raising prices to cover up a lack of innovation.
Johnson & Johnson still faces almost 9,000 lawsuits accusing the company of mishandling the metal-on-metal hips.