CVS Fined 75 Million Over Meth Ingredient Sales
CVS Pharmacy Inc to pay 75 million dollars in the largest civil penalty under the Controlled Substances Act for allowing repeated pseudoephedrine purchases in Arizona Georgia California Nevada South Carolina and possibly 20 other states. Forfeiture of about 2.6 million in profits and strengthened controls follow investigations tied to meth trafficking in Southern California.
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U.S. job market stalls amid slow recovery in 2010
The Labor Department reports unemployment claims at 462,000, the first rise in three weeks, with jobless benefits near 450,000 for most of the year. Economists warn that substantial improvement is unlikely until late next year as voters blame the Obama administration for slow growth.
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OPEC Maintains Production Targets Amid Oversupply Signals
In Vienna, OPEC ministers kept current production targets unchanged despite claims of oversupply. A consultant’s report to OPEC warns of possible member earnings losses by 2050 as global climate laws reduce fossil fuel use, with Saudi prince Abdulaziz bin Salman confirming forecast losses are within the indicated range.
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