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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 03:21 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.

Sep 02, 2015 03:17 AM EDT


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.

Sep 02, 2015 03:09 AM EDT


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 02:48 AM EDT


All-New Kia Sportage is bold, progressive- a cutting edge

Kia’s all new Sportage will be shown at the Frankfurt Motor Show starting September 15. It has a bold design that has a progressive sign leading the industry.

Sep 03, 2015 01:52 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


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


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