The Japanese air-bag manufacturer, Takata, agreed to the penalty for failing to alert the regulators in a timely manner to a timely defect in some air-bag inflaters that can cause them to explode and spray... read more...
Category: News
The Coming Government Takeover of Drug Pricing
The coming government takeover of drug pricing comes on the heels of the democratic led effort in congress to demonize drug-company profits and pushes the federal control over how drugs are priced. The Coming Government... read more
70,000 Ways to Classify Ailments
Doctors, hospitals and insurers are braced for a possible interruption after the U.S> healthcare system switched to a massive new set of codes for describing illnesses and injuries. Under the new system, health care providers... read more
Railroads Lose Challenge of Oil-Train Rules
Railroads lost an agency appeal with the U.S. Department of Transportation in a battle over new crude-by-rail rules that require the installation of expensive new brakes on trains hauling hazardous flammable materials. The Association of... read more...
Generic Nexium Pill Blocked in the U.S. Over the Purple Color
AstraZeneca has spent billions over the years marketing its Nexium as the ‘purple pill.’ Indian company Dr. Reddy’s Laboratories Ltd. has been blocked from selling its generic version of Nexium in the U.S. After AstraZeneca... read more
StarKist may owe you $25 after settling suit over skimping on tuna
Although Starkist is not admitting wrongdoing, the company agreed to a class action lawsuit settlement and is offering $25 cash after being accused of not fully filling their cans. Anyone who bought 5 ounce cans... read more
New Mexico Firm Recalls Beef Jerky Products
A New Mexico firm has recalled their beef product that was incorrectly produced and shipped with the mark of inspection. The problem was discovered after a friend of an FSIS (U.S. Department of Agriculture’s Food... read more
Dow Jones Discloses Customer Data Breach
The Wall Street Journal owner says financial data from 3,500 individuals may have been accessed. Dow Jones, a unit of News Corp, has sent letters to individuals whose financial information was potentially accessed and says... read more...