Valeant partners with AstraZeneca for psoriasis drug
AstraZeneca and Valeant Pharmaceuticals share rights to latest psoriasis drug brodalumab in a deal amounting to more than $400 million.
Sep 02, 2015 3:21 AM EDT
KMART pays $1.4M under False Claims Act
Kmart paid $1.4 million for violating the False Claims Act, said the U.S. Justice Department Tuesday. The Sears Holdings Corp.-owned chain illegally used drug manufacturer coupons and gasoline discounts to invite elderly Medicare healthcare insurance beneficiaries to fill their pharmacies' prescriptions.
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Irish Gambler John McManus seeks $5.22 Million tax refund from IRS citing international treaty
One of Ireland’s richest, horserace owner and businessman John P. McManus is asking for $5.2 million from the U.S. government, which was wrongfully withheld from his $17.4 million gambling winnings to cover taxes.
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Honda opens first compressed natural gas fueling station in Ohio despite CNG civic being discontinued
Honda recently opened its first CNG refuelling station at its campus in Marysville, Ohio. Honda Motor Co. was one of North America's leading proponents of natural gas in vehicles for more than 16 years.
Sep 02, 2015 2:48 AM EDT
Millions of Medicare members face 52% higher premiums in 2016
Some 30 percent or 50 million elderly Medicare-dependent Americans could pay could pay higher premium rates for their Medicare Part B in 2016 due to a quirk in the law.
Sep 01, 2015 11:59 PM EDT
Rolls-Royce dragged into Brazil's corruption scandal, accused of giving kickbacks to authorities investigating Petrobras
Rolls-Royce is allegedly involved in the giant Brazilian Scandal involving bribery among officials to win contracts with state-owned oil giant Petrobras.
Sep 01, 2015 11:54 PM EDT
Greece elections: Clear mandate holds the key on $96-bn bailout package
Greece is heading for elections next month as Tsipras-led Syriza Party and Evangelos Meimarakis-led New Democracy Party are in the fray. Unless there's a clear majority, no party can take key decisions on the third-round of the bailout package, over which Tsipras opted for elections to seek new mandate from the people.
Sep 01, 2015 11:53 PM EDT
Chinese funds inflow creates jobs in US, but concerns also
Chinese companies have established their factories and business operations in the US. Though Chinese funds inflow created jobs in the US, the dragon country's presence has become a cause of concerns fo America. Yuan depreciation is making rounds in the US election campaign also.
Sep 01, 2015 11:50 PM EDT
Foxconn Technology denies termination of $1B investment in Indonesia
Contrary to the reports, Foxconn denies the allegation that they are pulling out the $1B investment deal in Indonesia.
Sep 01, 2015 11:37 PM EDT
Fiat Chrysler offers $100 debit cards to those affected with US vehicle recall
Fiat Chrysler lures owners of recalled vehicles $100 debit card for repairs and discounts of up to $2000 for those who opt to trade in and purchase new cars.
Sep 01, 2015 11:36 PM EDT
Chipotle sued for GMO-free food claims
Chipotle claimed that it is the first restaurant to offer GMO-free food but one customer challenged their claim as misleading.
Sep 01, 2015 11:33 PM EDT
Google's OnHub promises better Wi-Fi
At this point, Google's OnHub is out on stores. It is a wireless router which costs $200. There are speculations that Google made it to connect devices under Google Weave; the Internet of Things.
Sep 01, 2015 11:30 PM EDT
China manufacturing woes continue: PMI index slips below 50 pts
The slowdown in Chinese manufacturing sector continued in August pushing the PMI below 50 level, which indicates the deceleration in the industry. The drop in orders for new work and export demand is the major reason for dip in manufacturing industry's output.
Sep 01, 2015 10:16 PM EDT
Google lets Android Wear smartwatches work with iPhones
Google latest smartwatch will hit the market and it will be compatible with iOS. As for now, LG smartwatch, the Watch Urbane, is the only smart watch that is compatible with iOS.
Sep 01, 2015 10:10 PM EDT
Europe is far behind in its electronic waste recycling target
Europe did not even reach half of its initial goal to effectively recycle 85 percent of its electronic wastes, study says. It is in European law to recycle electronic wastes or objects that come with a battery or plug.
Sep 01, 2015 10:05 PM EDT
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