Sept. 21, 2016: Mylan CEO Heather Bresch holds up EpiPens while testifying on Capitol Hill in Washington, before the House Oversight Committee hearing on EpiPen price increases. (AP Photo/Pablo Martinez Monsivais, File) Drugmaker Mylan will pay $465 million to settle allegations that it overbilled Medicaid for its life-saving EpiPen, ending one of the controversies over […]
Two of the technology world’s most powerful billionaires are concerned we are living in a Matrix-style simulated world and are working with scientists to break us out. In an article in The New Yorker, writer Ted Friend explains that the idea of the “simulation hypothesis” has been on the rise among tech’s elite. Neither of […]
Excerpts of Hillary Clinton’s remarks during paid speeches to Goldman Sachs, Deutsche Bank, Morgan Stanley, and other groups were leaked online Friday afternoon by WikiLeaks. Clinton, who was paid upwards of $225,000 per speech, earned more than $22 million on the paid speaking circuit after resigning as secretary of state. The excerpts are revealed in […]
Snap Inc. CEO Evan Spiegel AP Photo/Jae C. Hong Snap Inc., the company formerly known as Snapchat, is working on an initial public offering for March that would value the company at $25 billion, according to The Wall Street Journal. A source familiar with the matter confirmed the company’s IPO ambitions, but told Business Insider […]
The American (and Canadian) dream hasn’t really changed in the past 50 years. You go to college, find a job, get married, buy a house, have a couple of kids and retire at 65. It’s pretty straightforward, but what would happen if that model were flipped upside down? If you skipped a few steps and […]
(Reuters) – Johnson & Johnson is telling patients that it has learned of a security vulnerability in one of its insulin pumps that a hacker could exploit to overdose diabetic patients with insulin, though it describes the risk as low. Medical device experts said they believe it was the first time a manufacturer had issued […]
In Austin, Texas, Randalls slashed prices for boneless beef ribs by 40 percent, to $3.99 a pound. Not to be outdone, the H-E-B grocer down the street charged $1 a pound less. Not long ago, Albertsons advertised a deal you don’t normally see on your finer cuts of meat: “buy 1 get 1 free” specials […]
Consumer confidence rose in September to its highest level since August 2007 — before the Great Recession. The data, released Tuesday by the Conference Board, a business association, helps dismiss arguments that the uncertainty of the election is weighing down Americans’ perception of the economy, said Paul Ashworth, chief U.S. economist at Capital Economics, a […]
The record industry is finally going after “stream ripping,” the process of turning a stream into a downloadable file. The Recording Industry Association of America (RIAA), the International Federation of the Phonographic Industry (IFPI), and the British Phonographic Industry (BPI) have announced their first stream ripping lawsuit, against Youtube-mp3.org, which the organizations said was the world’s biggest website for […]
Republican lawmakers are accusing the Obama administration of allowing countries like Russia, China and Iran to take control over the Internet. Their beef with the administration focuses on a relatively obscure nonprofit overseen by the U.S. government that is scheduled to become fully independent Saturday. The organization is called the Internet Corporation for Assigned Names […]
If you happen to be one of the owners of the 2 million or more accounts that Wells Fargo fraudulently created, the bank will be getting in touch asking if you need or want your credit cards. For many, the natural response probably would be disbelief at the sheer audacity of the question, prompting some […]
