EpiPen profits 60% more than exec told Congress
Lawmakers were skeptical last week when Mylan chief executive Heather Bresch said that the company made only $100 in profit for a two-pack of EpiPens. During a House hearing, Bresch repeatedly referred to a poster board showing how little of the $608 list price trickled back to the company. The incredulity was warranted: The profits Bresch told Congress about were calculated after factoring in the 37.5 percent U.S. tax rate, according to a filing with the Securities and Exchange Commission firs..>> view originalThe Latest: McCrory criticizes investors over LGBT statement
By Associated Press September 26 at 3:35 PM RALEIGH, N.C. — The Latest on investors calling on North Carolina to repeal the law that limits LGBT protections against discrimination (all times local): 3 p.m. Gov. Pat McCrory says it’s the “height of hypocrisy” for investors whom he describes as “New York hedge fund billionaires” to tell North Carolina what to do about a law that limits LGBT protections against discrimination. The governor’s statement came Monday after about 60 investors repres..>> view originalAir France workers on trial over ripping off bosses' shirts
you've reached a subscriber-only article. Sign up now and access the full breadth of The Daily Star content in minutes. subscribe now unrestricted access 1 month...$12 | 3 months...$30 | 6 months...$55 | 1 year...$99 Existing users can login here or register for a new account. ..>> view originalUS Accuses Tech Firm Palantir of Bias Against Asian Engineers
Photo Palantir offices in Palo Alto, Calif. The Labor Department sued the tech company on Monday, claiming that it discriminated against Asians. Credit Peter DaSilva for The New York Times SAN FRANCISCO — The United States Department of Labor sued Palantir Technologies, a prominent data analytics start-up, claiming systemic discrimination against Asian job applicants. The move again raises questions about diversity in Silicon Valley.In its suit, filed on Monday, the Lab..>> view originalSaudis, Iran dash hopes for OPEC oil deal in Algeria
ALGIERS Saudi Arabia and Iran on Tuesday dashed hopes that OPEC oil producers could clinch an output-limiting deal in Algeria this week as sources within the exporter group said the differences between the kingdom and Tehran remained too wide."This is a consultative meeting ... We will consult with everyone else, we will hear the views, we will hear the secretariat of OPEC and also hear from consumers," Saudi Energy Minister Khalid al-Falih told reporters.Iranian Oil Minister Bijan Zanganeh sa..>> view originalAsk Carrie: How Should Millennials Save for Retirement?
I'm 28 and have a good job. My company offers a 401(k) but I haven't signed up yet-- mostly because I don't understand if it's the best move, but also because retirement seems SO far away! Also, I probably don't want to stay with this company forever, so it seems like maybe an IRA is a better way to go. Can you help me decide? First, congratulations. Finding a good job these days isn't always easy, so that's an achievement. And I'm impressed that you're thinking about saving for retirement. A ..>> view originalParis climate targets to cost Asia $300 billion a year, but will help save...
JAKARTA (Thomson Reuters Foundation) - Developing economies in Asia will have to spend $300 billion a year until 2050 to meet targets set by the Paris climate deal, but can expect to save thousands of lives and avoid worsening poverty if they shift to low-carbon growth, research showed on Tuesday.As part of the landmark accord reached in December, nearly 200 nations agreed to keep global temperature increases to "well below" 2 degrees Celsius to curb global warming.The Asian Development Bank (..>> view originalChina September official factory gauge seen showing 2nd month of growth
BEIJING Activity in China's manufacturing sector likely expanded modestly for a second straight month in September, a Reuters poll showed, suggesting the economy is stabilizing thanks to government infrastructure spending and a property market boom.The official manufacturing Purchasing Managers' Index (PMI) is expected to be 50.4 for September, unchanged from August and above the neutral 50.0 mark separating growth from contraction on a monthly basis, according to the median forecast of 30 ana..>> view originalWTO cuts 2016 world trade growth forecast to 1.7 percent, cites wake-up ca...
GENEVA The World Trade Organization cut its forecast for global trade growth this year by more than a third on Tuesday, reflecting a slowdown in China and falling levels of imports into the United States.The new figure of 1.7 percent, down from the WTO's previous estimate of 2.8 percent in April, marked the first time in 15 years that international commerce was expected to lag the growth of the world economy, the trade body said. The figures should be a wake-up call for governments, WTO Direct..>> view originalDid Trump really just suggest that China should invade North Korea?
A Chinese woman watches a live broadcast of the U.S. presidential debate, reflected on a mirror at a cafe in Beijing. (Andy Wong/AP) TOKYO — How do you solve a problem like North Korea? It’s a problem that has befuddled American presidents for decades. Well, Donald Trump, has a new idea. In the first debate Monday night, the Republican candidate appeared to suggest that China should invade North Korea. “You look at North Korea, we're doing nothing there,” Trump said when asked about his poli..>> view original
Friday, October 7, 2016
EpiPen profits 60% more than exec told Congress and other top stories.
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