Government declines to override Norvir patents delaying AIDS drug price cut
The NIH rejected a bid to use march‑in rights to force lower Norvir prices amid price gouging accusations. Abbott raised Norvir to 8.57 per day, affecting boosted drug regimens and costs for AIDS therapies. NIH cited global market impact and left such actions to Congress.
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Bristol-Myers to pay 150 million in SEC fraud settlement
Bristol-Myers Squibb Co agrees to a 150 million settlement with the SEC over alleged inventory manipulation to boost earnings. The deal includes a 100 million civil fine and 50 million for shareholders, with a permanent injunction and related DOJ criminal probe ongoing. The New York company, with its US Medicines Group based in New Jersey, did not admit wrongdoing.
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Factory orders rise in June signaling cautious recovery
U S factory orders grew 0.7 percent in June from May, led by durable goods up 0.9 percent and nondurable goods up 0.5 percent. Demand rose in machinery and military aircraft while declines appeared in defense, computers, and some household appliances as economists foresee a possible Federal Reserve rate hike.
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Marysville family runs 10th year of independent paper
Dan Behrens and his family mark a decade of ownership of the Marysville Journal-Tribune as they navigate the decline of independent papers. Behrens, 61, editor and publisher, aims to pass the role to his son Kevin, while noting the ongoing pressures from corporate ownership and market shrinkage.
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Marysville Journal-Tribune
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United States
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The
Journal-Tribune
Airlines urged to ease O'Hare delays across US air system
Federal officials chaired by FAA head Marlon Blakey press airlines to cut O'Hare schedules after persistent jams harm national operations. O'Hare surpasses all airports in daily takeoffs and landings with nearly 3,000 flights on an average summer day and 490,967 flights in six months.
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Bristol- Meyers
Associated Press
American Journalism Review
Bill Bender
Ohio University
E.W. Scripps School of Journalism
Athens
Sandy
Thad Poulson
Sitka Sentinel
Alaska
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Les Vaughn
O’hare
the Resonant Press
Adrian Buma
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