A nonprofit founded to combat obesity says the $1.5 million it received from Coke has no influence on its work. But emails just obtained by The Associated Press show the world’s largest beverage maker was instrumental in shaping the Global Energy Balance Network, which is led by a professor at […]
Big Pharma set to get bigger
Pfizer and Allergan are joining in the biggest buyout of the year, a $160 billion stock deal that will create the world’s largest drugmaker. It’s also the largest so-called inversion, where an American corporation combines with a company headquartered in a country with a lower corporate tax rate, saving potentially […]
Whoa! Is ObamaCare about to collapse?
Premiums are growing, and the Obama administration has once again missed their registration goals. Now the country’s biggest healthcare provider, UnitedHealth, is threatening to abandon Obamacare because it’s so poorly run. Is this the beginning of the end for the President’s plan? UnitedHealth Group said Thursday that it is pulling […]
Ouch! Big hits cost NFL a BILLION dollars.
The NFL will ask a U.S. appeals court to uphold a potential $1 billion plan to settle thousands of concussion lawsuits filed by former players. Critics appealing the settlement on Thursday complain it protects some retirees at the expense of others. The awards could reach several million dollars for men […]
Why does Wall Street love Ted Cruz?
Republican presidential candidate Ted Cruz has long been critical of corporate welfare and Wall Street bailouts. Now, critics are accusing the presidential candidate of hypocrisy, as some of Cruz’s biggest supporters are these same Wall Street millionaires he’s targeting. Questions on Cruz’s reliance on Wall Street come after reports that […]
With sanctions lifting, Iran gets richer by increasing oil exports
Iran said Tuesday it will export an additional 500,000 barrels of oil a day after sanctions are lifted under a landmark nuclear deal in a bid to reclaim its market share despite low prices. Oil Minister Bijan Zanganeh told reporters Iran plans to double its crude oil exports as sanctions […]
Asia Pacific Economic Cooperation summit underway
Tensions with China and the Paris attacks could upstage trade issues at the Asia Pacific Economic Cooperation summit, being held under extra-heavy security in the Philippine capital this week. President Barack Obama and the leaders of China, Japan, Mexico and other nations in the 21-member APEC bloc are converging with […]
Students demand YOU pay their tuition, debt
Emboldened by the victory of protesters at the University of Missouri, college students around the country are beginning to organize nationwide behind a set of outrageous demands. Students at the University of California, Berkeley and more than a hundred other colleges and universities staged marches Thursday. They want tax payers […]
US stocks PLUMMET after…
Stocks are heading lower in early trading, weighed down by weakness in mining and energy companies. Prices for copper, oil and other commodities were falling early Thursday. Freeport-McMoRan sank 6 percent and Chesapeake Energy fell 4 percent. The Dow Jones industrial average gave up 145 points, or 0.8 percent, to […]
“Goodfellas” mobster goes free
An aging mobster threw his hands into the air and shouted “Free,” grinning as he walked out of a courthouse following his surprising acquittal on charges he helped plan the legendary 1978 Lufthansa heist retold in the hit Mafia film “Goodfellas.” A federal jury reached the verdict Thursday at a […]
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