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Vertex Will Go Ahead with Promising New Cystic Fibrosis Drug Trials (VRTX)

Vertex Will Go Ahead with Promising New Cystic Fibrosis Drug Trials (VRTX)

Vertex Pharmaceuticals Inc (NASDAQ: VRTX) released new clinical findings that show how promising a new cystic fibrosis treatment could be.  The approach combats the condition, improving lung function by significant measure and improving... 
Existing Homes Sales are on the Rebound

Existing Homes Sales are on the Rebound

Sales for existing homes, in the United States, increased by 1.1 percent in May; a surprising mark after such a decline in April. According to the National Association of Realtors, home prices may have improved a little even though... 
Consumer Spending Hits Four Month High

Consumer Spending Hits Four Month High

The United States Department of Commerce says that numbers show that consumer spending is up right now, following a consistent rebound originally expected in April.  Through the first quarter, softer consumer spending was a big drag... 
United Airlines Admits Cockpit Door Access Codes Have Been Made Public

United Airlines Admits Cockpit Door Access Codes Have Been Made Public

United Airlines has recently made a statement regarding a discovery that some airplane cockpit door access codes could have been made public. In the official statement, the airline also assures that it does have a protocol in place... 
Jobs Report Shows April Rebound, But Growth Is Still Slow

Jobs Report Shows April Rebound, But Growth Is Still Slow

The latest jobs report shows that the United States economy added approximately 211,000 jobs in April.  The data, released Friday morning, indicates quite a strong rebound that is likely to calm all the negativity about slow growth.... 
Angelina Jolie Said To Be Worrying Over Brad Pitt Getting Into Another Relationship

Angelina Jolie Said To Be Worrying Over Brad Pitt Getting Into Another Relationship

Reports indicate that following the filing of divorce from Brad Pitt, Angelina Jolie is now concerned that he will start dating again. Though she hasn’t said or done anything that would suggest that she wants to rekindle their romantic... 
Home Sales In The United States Rise At The Fastest Pace In Ten Years

Home Sales In The United States Rise At The Fastest Pace In Ten Years

The rate of growth of homes sales in the United States in the month of March rose at the fastest pace in ten years. Figures released by the National Association of Realtors showed that existing home sales went up by 4.4% in March.... 
Head Of Union Urges Public Not To Rush Into Judgment On American Airlines Attendant

Head Of Union Urges Public Not To Rush Into Judgment On American Airlines Attendant

The Association of Professional Flight Attendants president, Bob Ross has come to the defense of the airline attendant who had an ugly confrontation with a mother over a baby’s stroller on a flight that was headed from San Francisco,... 
US FDA Approves Low-Cost Humira BioSimilar Alternative from Amgen

US FDA Approves Low-Cost Humira BioSimilar Alternative from Amgen

The United States Food and Drug Administration has just approved adalimumab-atto (under the brand name Amjevita), for Amgen, Inc as a drug biosimilar to AbbVie’s adalimumab drug, Humira.  Humira was originally approved in December... 
Is US Republican Presidential Candidate Donald Trump Responsible for Devaluation of the Peso?

Is US Republican Presidential Candidate Donald Trump Responsible for Devaluation of the Peso?

The Mexican peso has long struggled to keep pace with the US dollar and, in fact, has been tumbling of late. Now, it has reached the historic low nearing the psychological barrier of 20 pesos to 1 US dollar. This, of course, is raising... 
Trump Hotel Chain Will Pay $50,000 For Customer Data Breaches

Trump Hotel Chain Will Pay $50,000 For Customer Data Breaches

Donald Trump’s chain of luxury hotels has agreed, this week, to pay upwards of $50,000 in penalties after failing to notify customers, in a timely fashion, of two separate data breaches that compromised in excess of 70,000 credit... 
Central Banks Are Moving in Parallel

Central Banks Are Moving in Parallel

This year could have been one of great financial reform but instead of much needed monetary policy divergence, it appears that the major global central banks are converging yet again. Sure, they may be taking a few different trajectories,... 
Jobless Benefit Claims Hit Lowest Level July (and Perhaps In Decades)

Jobless Benefit Claims Hit Lowest Level July (and Perhaps In Decades)

Applications for unemployment benefits in the United States dropped last week, now matching their lowest level since July. Of course, this is a definite sign that the US labor market is healthy despite a slight slowdown in hiring. Indeed,... 
VW Continues to Face More Lawsuits Even After Setting for Billions (in US and EU).

VW Continues to Face More Lawsuits Even After Setting for Billions (in US and EU).

It has already been a year since Matthias Mueller took over as Volkswagern’s chief, following the carmaker’s very public—and very crippling—admission that it had cheated on emissions tests across the world. Today, of... 
Colorado Springs Cannabis Clubs Ordered To Cease and Desist

Colorado Springs Cannabis Clubs Ordered To Cease and Desist

Nine cannabis consumption clubs in Colorado Springs have just received cease-and-desist letters from the City Clerk’s Office last week. This is the first crackdown on such groups under a new City Council ban went into effect... 
Allergan Announces Acquisition of Tiny Drug Maker Tobira for Roughly $1.7 Billion

Allergan Announces Acquisition of Tiny Drug Maker Tobira for Roughly $1.7 Billion

Big pharma firm Allergan has just announced their plans to purchase the tiny Tobira Therapeutics firm. The deal, at least for now, is valued at about $28.35 per share, but Allergen says that it could expand to involve more money. According... 
AAA Warns Americans Waste More than $2 Billion on Premium gas Every Year

AAA Warns Americans Waste More than $2 Billion on Premium gas Every Year

Do you fill your car with premium gasoline? Chances are you probably don’t, and that’s probably because your vehicle does not need it. However, if you do currently fill your tank with premium gasoline, it might behoove... 
Second Annual “Chain Reaction” Report Shows Some Improvement in Antibiotic Policies Among Food Service Chains

Second Annual “Chain Reaction” Report Shows Some Improvement in Antibiotic Policies Among Food Service Chains

The war on antibiotics has expanded from the medical field into the fast food and casual dining industries with franchises now being tested for antibiotics. The good news is that some companies are really doing their part to remove... 
GlaxoSmithKline Promotes Emma Walmsley to CEO Upon Witty’s Departure

GlaxoSmithKline Promotes Emma Walmsley to CEO Upon Witty’s Departure

GlaxoSmithKline has just named Emma Walmsley as the new CEO, to replace Andrew Witty when he retires next year. Walmsley, of course, is the company’s present consumer healthcare division CEO, but within only a matter of months... 
Unilever Set to Buy Green Cleaning Company Seventh Generation to Compete with P & G

Unilever Set to Buy Green Cleaning Company Seventh Generation to Compete with P & G

This week, Unilever announced they have agree to acquire Seventh Generation Inc. This Vermont-based company, of course, is best known for its natural, green cleaning products. Last year, Seventh Generation posted sales in excess of... 
Uber Announces Plan To Open Facility in Detroit

Uber Announces Plan To Open Facility in Detroit

Uber Technologies Inc, has just announced the plan to open a new facility in the metro Detroit area where they will work with local automakers and suppliers. This is the latest move to converge Silicon Valley with Motor City, a partnership... 
FDA Approves Patient-Lobbied Muscular Dystrophy Drug Before Experts Advise

FDA Approves Patient-Lobbied Muscular Dystrophy Drug Before Experts Advise

The United States Food and Drug Administration has just approved the first drug aimed at treating patients who have the most common childhood form of muscular dystrophy. While this, alone, may be remarkable, it is also a marked example... 
Walmart Completes $3 Billion Acquisition of Jet.com

Walmart Completes $3 Billion Acquisition of Jet.com

On Monday, Wal-Mart Stores Inc (NYSE: WMT) announced the completion of its acquisition of Jet.com Inc, the proprietor of Jet.com, of course. This follows the expiration of the federal waiting period. The news was actually first disclosed...