They call it the patent cliff. Brand-name drug makers have feared it for years. And now the makers of generic drugs fear it, too. This year, more than 40 brand-name drugs — valued at $35 billion in annual sales — lost their patent protection, meaning that generic companies were permitted to make their own lower-priced versions of well-known drugs like Plavix, Lexapro and Seroquel...
The Next Crisis for German Banks — Shipping
Label: BusinessFRANKFURT — For all the talk about Germany’s financial exposure to Greece, it turns out that some German banks have a problem of more titanic proportions — their vulnerability to the global shipping trade. Germany’s 10 largest banks have 98 billion euros, or $128 billion, in outstanding credit or other risks related to the global shipping industry, according to Moody’s Investors Service....
Dec
03
No word from Supreme Court on gay marriage cases
Label: World WASHINGTON — The Supreme Court justices are not exactly facing the "fiscal cliff," but they will be under more pressure this...
A Google-a-Day Puzzle for Dec. 4
Label: Technology Our good friends at Google run a daily puzzle challenge and asked us to help get them out to the geeky masses. Each day’s puzzle will task your googling skills a little more, leading you to Google mastery. Each morning at 12:01 a.m. Eastern time you’ll see a new puzzle posted here.SPOILER WARNING:We leave the comments on so people can work together to find the answer....
Katt Williams Arrested After Alleged Bar Rampage
Label: LifestyleLOS ANGELES (TheWrap.com) – Katt Williams didn’t have much to laugh about this weekend after the comedian was arrested in Seattle, following an incident at a bar during which Williams allegedly attacked a woman with a cigarette, according to the Seattle Police Department.According to police Williams – born Micah Williams – “exchanged words” with other customers at the World Sports Grille in the city’s...
National Briefing | New England: New Hampshire: Not Guilty Plea in Hepatitis Case
Label: Health A traveling hospital technologist accused of stealing drugs and infecting patients with hepatitis C through contaminated syringes pleaded not guilty in federal court on Monday. The technologist, David Kwiatkowski, whom prosecutors described as a “serial infector,” was indicted last week on charges of tampering with a consumer product and illegally obtaining drugs. Until May, Mr. Kwiatkowski worked...
British Business Hesitant to Defend Staying in European Union
Label: BusinessLONDON — The chairman of the London Stock Exchange, Chris Gibson-Smith, simply does not have the time to speak. Christopher North, the boss of Amazon in Britain, is too busy as well. And Charles Dunstone, the founder of the mobile phone retailer Carphone Warehouse, also has an exceptionally full agenda. All three are among a dozen or so top business and financial leaders concerned enough...
Dec
02
Coast Guardsman is killed after suspected smugglers ram his boat
Label: World A veteran U.S. Coast Guard chief petty officer was killed Sunday after suspected smugglers rammed his vessel near Santa Cruz...
Attack of the Mutant Pupfish
Label: Technology West of Pahrump, Nevada, in a corner of the Mojave Desert a couple thousand feet above Death Valley, a warm aquifer provides a home for one of the world’s rarest animals. It’s a tiny silvery-blue fish, smaller than your pinkie toe, and in the past 50 years it has survived real-estate speculators, death threats, congressional battles, and human screwups. The Devils Hole pupfish—Cyprinodon diabolis—is...
Obama salutes entertainers taking a Washington bow
Label: LifestyleWASHINGTON (Reuters) – Music legend Led Zeppelin was recognized on Sunday alongside entertainers from stage and screen for their contributions to the arts and American culture at the Kennedy Center Honors, lifetime achievement awards for performing artists.The eclectic tribute in Washington, alternated between solemn veneration and lighthearted roasting of honorees Academy Award-winning actor Dustin...
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