Bill Gates And The Toilet Of The Future: Why The World Needs A Revolution In Better Sanitation
August 15 2012 10:32 AM EDT
Bill Gates, the man responsible for bringing software to the masses with Microsoft and Windows, has plans to reinvent another industry: Sanitation. Gates, whose philanthropic efforts have helped bring clean water and resources to developing countries via the foundation founded by he and his wife Melinda, said on Wednesday that he plans to build a toilet that's better suited to developing countries in an effort to cut down on disease and death in those regions.
US Gas Prices Won't Drop Until October - Analyst
August 13 2012 11:19 AM EDT
Gasoline production issues and tensions between Iran and Israel have sent U.S. gasoline prices above $4 per gallon in some cities, and prices likely won't fall until October, according to gasoline analysts.
Pfizer Settles Government Bribery Complaints
August 07 2012 2:59 PM EDT
Among the charges: Pfizer's China subsidiary was accused of offering a program where doctors could claim cell phones and other goodies based on how many prescriptions they doled out of the company's products.
Merck Second-Quarter Earnings Preview: A Glimpse
July 25 2012 4:25 PM EDT
Based on analyst estimates, Merck & Co. will report earnings of $1.01 a share on sales of about $12.16 billion -- an increase of 0.1 percent from the year-earlier quarter. The company posts its second-quarter earnings on Friday, before the opening bell.
Markets Cheer Walgreen For Express Scripts Deal
July 19 2012 10:29 AM EDT
Large U.S. drugstore chain Walgreen Co. (NYSE: WAG) announced Thursday it would be renewing its contract with Express Scripts Holding Co. (NASDAQ: ESRX), to provide customers of that pharmaceutical claims manager with prescription drugs at Walgreens retail stores.
Will Obamacare Increase Your Taxes? For Some, Yes
July 18 2012 6:18 AM EDT
Taxes may rise modestly for average Americans and more sharply for wealthier citizens as a result of the Patient Protection and Affordable Care Act (ACA), also known as Obamacare.
Glaxo Set To Announce $2.8B Buyout of Human Genome Sciences
July 16 2012 9:07 AM EDT
GlaxoSmithKline plc (NYSE:GSK) (London:GSK) was set to announce a $2.8 billion deal to buy biotech outfit Human Genome Sciences early Monday, several financial news outlets reported, ending a three-month pursuit of the merger.
Global Pharma Giants Feed On Smaller Biotech Makers
July 02 2012 4:23 PM EDT
Bristol-Myers Squibbs' takeover of Amylin follows the trend of pharma companies that are acquiring biotech companies to benefit from growing medical needs, offset patent losses and boost their internal pipeline productivity.
Health Care Reform Supreme Court Decision: Medicaid Providers Prepare For 16 Million New Members
June 29 2012 6:05 AM EDT
There are big incentives for states to participate in the Medicaid extension.
Supreme Court Health Care Decision: Insurers Say They're Prepared
June 28 2012 3:54 PM EDT
Health insurance providers say they are prepared for the U.S. health care system changes upheld Thursday by the U.S. Supreme Court.
Health Care Supreme Court Decision: Shares of Medicaid MCOs Soar
June 28 2012 10:54 AM EDT
The Supreme Court health care decision confirming the constitutionality of the president's signature legislative achievement and expanding insurance to millions of low-income Americans under Medicaid will provide a large influx of new customers and notable revenue opportunity for Medicaid-focused managed-care organizations (MCOs).
The 10 Best Promos Out Of 2012's Cannes Lions
June 25 2012 2:37 PM EDT
The 59th International Festival of Creativity, known as the Cannes Lions, wrapped up this past weekend. This year, top winners included a blank annual report and an invisible hydrogen powered Mercedes Benz.
'Micro Unionization' Riles Retailer Bergdorf Goodman, Others
June 19 2012 6:39 AM EDT
Here's what a nursing home in Mobile, Ala., has in common with the regal Bergdorf Goodman department store in Manhattan: They're both facing micro-unions, groups of employees who organize apart from the rest of a company's workforce.
Spray-On Tan Safety: Why Short-Term Beauty Is A Long-Term Risk
June 13 2012 11:05 AM EDT
According to a panel of medical experts, the active chemical in used in spray-on tans -- dihydroxyacetone (DHA) -- can potentially damage one's DNA and cause genetic alterations. The experts reviewed 10 of the most current, agreeing that while more studies need to be done, what they already know is enough to warrant a warning.
Will Genentech's Perjeta Be The Next Blockbuster For Roche?
June 10 2012 4:28 PM EDT
Combatants on the front lines in the war on cancer have a new weapon in the arsenal, as the U.S. Food and Drug Administration on Friday OK'd Perjeta -- flanked by Herceptin and docetaxel -- for deployment in a three-pronged attack on the enemy cells in people with HER2-positive metastatic breast cancer.
Investors Love Rio: Why Foreign Companies Are Buying Into Brazil's Real Economy
May 25 2012 5:28 PM EDT
Investing in Brazil's booming economy has turned another page as foreign companies, especially Japanese firms, move from putting money into the nation's financial industry to putting it into the real economy of South America's largest nation.
Monsanto Maize: EU Blocks France Ban On MON 810 Yieldgard
May 22 2012 11:15 AM EDT
Days after France attempted to ban a genetically-modified strain of maize created by the controversial agricultural company Monsanto, based in St. Louis, Mo., the European Food Safety Authority (EFSA) rejected France's grounds for banning the maize, even though France believes the corn is harmful to the environment.
Agilent Shares Gain After Dako Acquisition
May 17 2012 10:00 AM EDT
Shares of Agilent Technologies (NYSE: A), the No. 1 U.S. instrument maker, surged on Thursday after the company announced it?s biggest acquisition, the $2.2 billion takeover of Denmark?s Dako.
Resume Embellishment? Yahoo?s CEO Not Alone
May 11 2012 12:35 PM EDT
Rather than deal with business, directors of Yahoo (Nasdaq: YHOO), the No. 3 search engine, have been busy all week in the ?resume embellishment? scandal that forced one director to quit and put the CEO under a cloud.
The Global Fund Gets $1.6 Billion Shot In Arm
May 10 2012 10:48 AM EDT
The Global Fund, a leading financier in the struggle against AIDS, tuberculosis and malaria, expects to have an additional $1.6 billion to fund projects in 2012-2014, its new chief said on Wednesday, a turnaround from a funding freeze last year.