Oil prices rise near 11 highs amid Iran tensions
Prices for crude and gasoline jump as Iran speeds uranium enrichment and rejects inspectors. WTI climbs to 109.77 a barrel, Brent to 125.47, with national average gasoline at 3.65 per gallon and forecasts of further rises into spring.
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Miracle diet pill era ends with FDA approval hopes
U.S. drugmakers have long chased a safe diet pill amid high obesity rates. A government panel recently backed FDA approval of Qnexa, signaling a potential first anti obesity drug in over a decade, despite past safety concerns including heart palpitations and birth defects. The history spans amphetamine based approaches, eventual addiction risks, and the fen phen controversy that saw 18 million prescriptions before it was halted.
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Kodak’s final Oscars run marks studio’s fading Hollywood role
Kodak Theatre bids farewell as Eastman Kodak confronts bankruptcy and ends sponsorship. Digital cinema trends erode film printing, with Dolby reels shrinking from 12 billion feet annually to about 4 billion, while studios shift to digital distribution and satellite delivery.
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AT&T throttling case yields $850 to iPhone user
Matt Spaccarelli, an unemployed truck driver and student, won in Ventura Superior Court in Simi Valley after AT&T slowed his unlimited data iPhone. Pro tem Judge Russell Nadel ruled the throttling unfair, noting AT&T’s top 5 percent of unlimited users faced data slowdowns despite similar pricing.
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