FerrariFerrari recall 
From staff and wire reports
Wexford insurance agency completes VGS acquisition
Benefits Network Inc., a Wexford insurance and consulting agency, finalized a deal this week to acquire VCS Group Inc. in Somerset, Pa., BNI owner David Straight said. He said the consolidated employee benefits firm and insurance broker will employ about 30 people and carry the Benefits Network name. Mr. Straight would not disclose terms of the transaction but said he plans no job cuts. VCS founder Glenn E. Miller Jr. plans to retire in the next several months.
Roughly 1,100 bottle of tablets recalled by Mylan over results
Mylan is recalling one lot, or roughly 1,100 bottles, of capecitabine tablets because of low out-of-specification results, according to a Food and Drug Administration enforcement report. The nationwide recall was initiated June 30. Capecitabine is a chemotherapy agent used to treat breast and other cancers.
Online photo service may have been hacked, CVS says
CVS is warning customers its online photo service may have suffered a data breach. The nation's second-largest drugstore chain says the site is being switched off as a precaution. Payment information on the site is collected by an outside vendor, and it's kept separate from its main CVS.com website and the computer system used in its pharmacies. Payments made through CVS.com and in CVS stores are not affected.
Samsung narrowly defeats Elliott in victory for Korean dynasties
Samsung Group narrowly defeated billionaire activist investor Paul Elliott Singer in a proxy fight that challenged the power of South Korea's corporate dynasties. Samsung C&T Corp. investors accepted an all-stock buyout offer from the group's de facto holding company Cheil Industries Inc. Mr. Singer's Elliott Associates LP opposed the deal on grounds that the offer was too low. The results extend Korea's track record of repelling foreign corporate raiders.
Ferrari recalls 814 cars in U.S. to fix Takata air bag problem
Ferrari is recalling 814 sports cars in the U.S. to fix problems with driver's air bags made by Japanese parts supplier Takata Corp. The Italian automaker says that due to an assembly problem, air bags may inflate with the wrong orientation, increasing the risk of injury in a crash. The problem appears unrelated to Takata air bags that can inflate with too much force and hurl shrapnel.
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