UFT stands in opposition to EpiPen price gouging

27 Sep, 2016

Elijah Cummings of Maryland said. She did not apologize to lawmakers for the treatment's high price. The frustration was bipartisan. Bresch was awarded $19.4 million in pay a year ago, which made her the 25th-best paid executive in the health-care industry, according to data compiled by Bloomberg .


Oil prices up on Libya unrest, hopes for output deal

26 Sep, 2016

At about 0715 GMT, US benchmark West Texas Intermediate was up 80 cents at $43.83 and Brent had risen 78 cents to $46.55. "We are close to an agreement between OPEC and non-OPEC countries to stabilize the market", Maduro said, according to Petroleos de Venezuela.


Snapchat debuts recording 'Spectacles,' changes company name

25 Sep, 2016

Want more? Just tap again and now you can record up to 30 seconds of video. According to the Journal , the camera on Spectacles uses a much wider lens than a normal cellphone camera, and records more "circular" video, meant to be "closer to human vision".


Oil up 2% after third surprise weekly U.S. crude draw

24 Sep, 2016

West Texas Intermediate (WTI) crude futures stood at $44.90 recording an increase of 85 cents. The American Petroleum Institute (API), a trade group, will release its weekly crude inventory report at 4:30 p.m. Energy Minister Noureddine Bouterfa told Algerian state television an OPEC move to freeze output would help balance oil markets for at least six months.


Tesla Has Started Working on Autopilot 8.0

23 Sep, 2016

In addition, Tesla is instigating legal action of its own in a freaky case that alleges the chief financial officer of a firm that works for the oil industry attempted to acquire confidential financial information about the carmaker by impersonating its founder, Elon Musk.


Apple eyeing British supercar maker McLaren: Financial Times

22 Sep, 2016

Apple's search for partners with experience making cars is heating up. Apple's interest in the Woking-based company reportedly centres on its technology, engineering prowess and patent portfolio. The New York Times reported on September 9 that the project was undergoing a reboot, with a shift in focus from building complete cars to developing only the software that would enable self-driving capabilities.


Another section of Dakota Access construction is halted

22 Sep, 2016

A pair of unidentified Dakota Access Pipeline project protesters join the large crowd gathered with the sign language gesture of "love" in front of the Mandan City Hall on Tuesday, Sept. Portland Mayor Charlie Hales and the Portland City Council also passed a resolution September 7 in support of the Standing Rock Sioux. The lawsuit alleged that the pipeline, which would be placed less than a mile upstream of the reservation, could impact drinking water for more than 8,000 tribal members ...


Trump Used Charity Funds to Settle Legal Problems

21 Sep, 2016

Some Democrats have complained that the media has not sufficiently reported about the Trump Foundation's suspected wrongdoing, accusing journalists of being lenient in their treatment of the outspoken billionaire. "It's not unheard of for people to use their private foundations for their own benefit". If the IRS finds that Trump and the Trump Foundation engaged in self-dealing, they could impose penalties in the form of excise taxes.


Check out Shah Rukh Khan shares a museum selfie from Amsterdam

21 Sep, 2016

I don't know what they will decide now. Asked if he would shift " Kaabil " from releasing on the Republic Day if SRK requests, Roshan said, "I don't budge my release date". The filmmaker stated that he arrived at this decision since Khan had announced his film earlier and it would be "unethical" for him to release the fourth instalment of his superhero film alongside.


West Virginia AG subpoenas Mylan over EpiPen price hike

21 Sep, 2016

The state believes that EpiPen has been short-changing the West Virginia Department of Health and Human Services Bureau for Medical Services (BMS) by paying smaller rebates than it should have. The petition acknowledges that it's not illegal to raise the price on a drug, but it is against the law to "maintain a monopoly through exclusionary conduct".


Earnings Estimates: ENERGY TRANSFER PARTNERS (NYSE:ETP)

19 Sep, 2016

Barclays Capital maintained the stock on May 2 with "Equal-Weight" rating. Analysts projected the minimum sales estimate of $5,817.39M and some analysts told that the stock may achieve maximum sales of $7,583.92M. This is the consensus average based on 12 firms who have recently issued reports on the equity. An EBITDA of $66.104 millions was reported by Holly Energy Partners, L.P.


First child euthanised in Belgium after change in law

18 Sep, 2016

Speaking to the newspaper, Professor Wim Distelmans of Belgium's euthanasia control commission said: "Fortunately, there are very few children who qualify - but that does not mean we should deny them the right to a dignified death". He described it as an exceptional case of a child with a terminal illness, but would not confirm any details about the child, the Het Nieuwsblad reports.


Bill Ackman Invests In Chipotle Mexican Grill

18 Sep, 2016

Ackman now owns almost 10 percent of Chipotle's outstanding shares. The shares climbed as much as 6.6 percent to $441.20 in NY on Wednesday after Pershing Square announced its holding. The YouGov data, requested by Reuters , shows that perceptions about Chipotle's quality on Tuesday returned to levels last seen in early August. The idea is that if McDonald's , once a majority owner of Chipotle before Chipotle grew up to become an archenemy, repurchased the Mexican chain, the burger ...


Horizon Pharma to buy Raptor Pharma for $800 mln

14 Sep, 2016

Analysts at Wedbush reiterated a Neutral rating on shares of Raptor Pharmaceutical Corp . The overall goal of this transaction is to help Horizon expand their orphan business in Europe and other key worldwide markets. While Horizon is a Zacks Rank #3 (Hold) stock, Raptor carries a Zacks Rank #2 (Buy). (NASDAQ: RPTP) now has a 50-day MA is $6.82 and 200-day MA is $5.42, and it has traded in a 52-week range between $2.94 - 9.06 and today's closing price is -0.01 percent off the 52 week high.


South Sudan's political & military elite have enriched themselves during war

13 Sep, 2016

The UN mission to Congo has rescued about 300 South Sudanese rebels and civilians who had crossed into Congo, the UN says. The Congolese government has not confirmed that he went to Congo. A further 134 people in the park are believed to still require assistance, the statement said. According to the report, one top official, who "makes roughly $45,000 per year through his government salary, has at least two luxurious villas in Uganda in addition to a $2 million mansion in a gated community ...


Samsung deactivating recalled Note 7

13 Sep, 2016

He doesn't want to see or go near any phones. In addition, an American Airlines spokesperson told Business Insider via email that its gate agents will be making verbal announcements on the matter before passengers board while its cabin crew will make similar announcements on board flights.


Volkswagen engineer pleads guilty in U.S. diesel emissions probe

12 Sep, 2016

Liang pleaded guilty to a charge of conspiracy to commit fraud against USA regulators and Volkswagen customers, and to violate the Clean Air Act . Volkswagen has agreed to pay $16.5 billion in settlements for cheating emissions tests. VW diesel engineer James Liang could help investigators trace who was responsible for the emissions cheating scandal. The document says that if the government determines that Mr.


KDB rejects additional financing to Hanjin Shipping

11 Sep, 2016

The tenuous financial situation of Hanjin Shipping - the world's seventh-largest container shipping company, which accounts for almost 8 percent of America's Pacific maritime trade volume - has made headlines for days as dozens of the outfit's vessels sit stranded at sea.


South Korea to push corporate reforms despite Hanjin Shipping woes

11 Sep, 2016

A Hanjin spokesman stated the company's board of directors would decide on Wednesday how to proceed without the support of the creditors, including whether to file or not for court receivership. Yang Chang-ho, a professor at Incheon National University, predicted that once shipping operations halt , Hanjin will be in a very hard situation to make a return, even if the court decides on corporate rehab.


Volkswagen engineer pleads guilty in United States diesel emissions probe

10 Sep, 2016

Liang admitted that during this time, he and his co-conspirators knew that VW marketed its diesel vehicles to the USA public as "clean diesel" and environmentally friendly, and promoted the increased fuel economy. James Robert Liang, of Newberry Park, Calif., entered the plea in U.S. District Court in Detroit. The scandal only affects Volkswagen cars with diesel engines.


Walgreens shedding up to 1000 stores as part of Rite Aid deal

09 Sep, 2016

Walgreens, the largest USA drugstore operator, had earlier estimated it would have to sell not more than 500 stores to win regulatory approvals. Taking into account its current expectation of store divestitures, Walgreens continues to expects that the acquisition will be accretive to its adjusted earnings per share in the first full year after closing of the transaction.


Tim Cook hits back at 'maddening' European ruling on Apple tax

08 Sep, 2016

Responding to the ruling Cook has said Apple will repatriate some of its big cash reserves back to the United States from next year and issued a spirited defence of his company's agreement with the Irish government which enabled it to minimise its tax bill.


PayPal, MasterCard reach deal for store payments

07 Sep, 2016

PayPal's US customers will also be able to make payments at 5 million locations that use MasterCard's mobile payments technology. PayPal will use MasterCard's tokenization service, which swaps cardholder information such as account numbers with a unique set of numbers that validates a customer's identity to discourage online data theft.


GE ups its digital game, snaring two 3-D printing companies

07 Sep, 2016

Through 3D printing, the company will also be able to speed up the production timeline with an aim of meeting the increased demand of aircraft engines. Earlier in July, General Electric predicted delivery of approximately 2,800 aircraft engines by year-end with its partnering companies including CFM global, Engine Alliance, and GE-Honda Engine Alliance.


Oil minister: Iran backs OPEC moves geared toward stability

07 Sep, 2016

Iran is trying to regain its share of the global petroleum market after the removal of Western sanctions following Iran's nuclear deal with world powers. "A general consensus on output levels and higher prices might win nods and endorsements but securing full compliance with sacrifice of national self-interest from both Opec and non-Opec producers to achieve collective goals may prove more elusive".


Labor Day weekend to include sunshine, chance of rain

05 Sep, 2016

Mostly sunny, with a high near 93. Monday Night: Clear, with a low around 68. There is still a chance for Hermine to regain her strength over the mid-Atlantic, which is looking more and more likely with every model update. Highs around 84°F/Overnight, look for mostly clear skies. Tuesday Night: Mostly clear, with a low around 69. Sunday night will be partly cloudy with lows in the low 70s.


South Sioux City ACT scores improve, still below national average

04 Sep, 2016

Indeed, average ACT scores in Sioux Falls have not dropped below 22 in the last 10 years, and hovered at or above 23 between 2007 and 2010. However, the composite score includes the scores from the ACT Test Day in April. Wisconsin had 19 percent of graduates earning a STEM (Science, Technology, Engineering, Math) benchmark of 26, a combined science and mathematics result that measure college readiness for coursework in science, technology, engineering, and mathematics.


Tesla plans upgrade to semi-autonomous system

04 Sep, 2016

Investors can expect more details soon, as Musk said he is working on a post now that will be published "later today". The Motley Fool owns shares of and recommends Tesla Motors. The cash held by the company has declined to $146 million by June 30, compared with $421 million by the end of the same period a year ago. In the most recent $124 million SolarCity bond issue, Musk and his cousins, CEO Lyndon Rive and Pete Rive, together purchased 80 percent of the bonds.


Kent M20 shut after 'bridge collapse'

03 Sep, 2016

The M20 highway running southeast of London has been closed since midday Saturday, when a westbound truck struck and partly destroyed a pedestrian bridge. South East Coast Ambulance Service tweeted: "On scene of an RTC on the M20 j4 following bridge collapse". No one is believed to be trapped in the rubble, however one person is believed to have suffered injuries.


Nobel Prize Winner Joseph Stiglitz On The 'Dishonest' EU-Apple Tax Beef

03 Sep, 2016

Apple CEO Tim Cook speaks at an event to announce new products at Apple headquarters in Cupertino, Calif., March 21, 2016. If someone said they wanted to give you $14.5 billion, you'd take it. Last year, the European Commission published a list of six tax rulings and 59 "measures similar in nature or effect" since 1991, which it had challenged on the basis of state aid rules .



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