HP’s Lane Facing $100M Bill on Tax Shelter Denial

June 6 (Bloomberg) -- Ray Lane, former chairman of Hewlett- Packard and partner emeritus at venture-capital firm Kleiner Perkins Caufield & Byers, is in a dispute with the U.S. Internal Revenue Service that has left him with a $100 million tax bill. Jon Erlichman reports on Bloomberg Television's "Bloomberg West." (Source: Bloomberg)

Why BAT's Reynolds Bid Is a Big Deal for Big Tobacco
39:09 - British American Tobacco Plc has made a bid to purchase the remaining portion of Reynolds American Inc. in a move that could open up a wave of M&A activity in the tobacco industry. Bloomberg Intelligence's Duncan Fox reports on "Bloomberg Markets." (Source: Bloomberg)
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