McDonald's faces yet another health-related trial
Once again, the fast food chain is facing a situation when it is in middle of public health debate. This time around it is with respect to its happy Meals.
Merck & Co loses second trial on jaw deaths
As a major shock to the pharmaceutical company, Merck & Co lost the second trial over its drug, Fosamax. As per the claims, the drug causes jaw death.
Post the loss, Merck may have to pay $8 million as damage charges.
The case was filed against the company by Shirley Boles, 72 and who was awarded $ 3 million by the court as against her demand of $5 million.
Top Singers Performed at Glatonbury Music Festival on Saturday
It has been reported that the Australian music sensation, Kylie Minogue gave a rocking performance at the Glastonbury Film Festival on Saturday. Kylie, who is 42 years old, was diagnosed with breast cancer, five years ago. She performed at only one song and left the stage. After that, Shakira gave her performance. Her performance was quiet overwhelming.
New Financial Legislation in the U.S.
The Finance Legislation is reviewing the financial regulation in the U.S and the reasons, which caused the crisis of the year 2008. This legislation aims to stop the regulatory gaps and speculative trading practices. These practices were the main cause, behind the recent market crisis in the U.S.
Storm Not in the Direction of Gulf: Forecasters
Weather forecasters have declared that the tropical storm, Alex, which was expected to slam the Gulf of Mexico, is not directing towards the Gulf oil spill. After this declaration, the crew working to control the spill can continue the work; however, the direction of rapid storms can never be determined.
Microsoft Sued by Salesforce.com
Microsoft has been taken to court by Salesforce.com over patent violation charges. Microsoft had also filed a case against Salesforce.com over the usage of intellectual property, last month. The latest case is thought as a result of the earlier suit filed by Microsoft.
Arrowhead Credit Union Seized by Federal Regulators Due To Waning Monetary Condition
To some, Arrowhead Credit Union had appeared to be mounting up from the base, much similar to the Inland economy, which has shown small indications of progress on the way to recuperation. But, that might not have been adequate to avoid the National Credit Union Administration from grabbing the famous San Bernardino-based credit union on Friday.
Banks to Offer Consumers with Options Regarding Overdraft Protection
Last year, the US residents shelled out over $30 billion to banks in overdraft charges. The Federal Government has come about with an answer to defend the customer in a better way. Beginning from July 1st, banks will have to provide customers with alternatives, when it comes to overdraft defense.
28M Boxes of Breakfast Cereals Recalled by Kellogg
Kellogg Co., which is the leading U.S. breakfast cereal maker, willingly recalled almost 28 million boxes of cereal that includes Froot Loops and Honey Smacks, citing odd taste and an odor coming from the liner of packages. The recall too, comprises of batches of Apple Jacks and Corn Pops, Kellogg said today in a declaration.
Lexus Hybrid Recalled Over Fuel Spills by Toyota
Toyota said on Friday that is it planning to recall 17,000 Lexus luxury hybrids after testing demonstrated that fuel can spill during a rear end crash.
First Q GDP Growth Cut by 2.7% for the U.S.
The US financial system advanced at a weaker-than-expected 2.7% rate in the initial quarter, a third and final revision from the US Commerce Department depicted on Friday. The approximation was the second downward amendment of gross domestic product development for the January-March period, which was at first calculated at 3.2% prior to being adjusted down to 3.0% in late May.
Avoid Double Dip Recession Occurrence: US Warns G20
The US has said that the world's largest economies ought to keep their focus on maintaining growth, in order to avoid a double-dip depression. As the G20 summit starts in Canada, the US Treasury Secretary Timothy Geithner said Europe and Japan should increase domestic demand instead of bringing cuts in the investment.
City Council Committee Gives Green Light to South Side Wal-Mart Plans
A city council committee has given approval to a proposal to get a Wal-Mart to Chicago's far South Side, passing on the matter to the entire council. The whole council will engage in the issue, next week.
If it is given a green signal, persons in other areas of the city say that they are expecting to witness Wal-Mart inaugurate stores in their neighborhoods.
Ghana Knocks Out Americans from World Cup
One by one, the stern-faced US players marched their way out of the Royal Bafokeng Stadium. The World Cup was over for them. They will have four elongated years to mull over what may have been, how the most-capable team in the U.S. football history was thrown out from the game that the Americans were sure that they should have scored.
Baby Girl Killed By a Falling Branch in Central Zoo
A falling tree branch at New York’s Central Park Zoo killed a 6- month old baby. The mother of the baby was also injured. The baby and the mother, both were posing for a picture in front of the sea lion exhibit. The woman and her baby were admitted in the New York- Presbyterian center.
Dismissal of Health Care Reform Challenge, Seek Feds
A motion was filed by the U. S. Department of Justice, to sack a complaint that confronts the constitutionality of the federal health care reform act, filed by Florida’s attorney general, attorneys general of 19 other states and the National Federation of Independent Business.
Obama’s Health Reform Funding
The system would be paying the costs of health care reform, says President Obama.
The Patient Protection and Affordable Care Act, the Obama Health Care reform is like a gift one can keep on taking but not always in a good way. There are so many different provisions stuffed into that huge law.
Judge Stops Nurses from Striking Work
Even after a judge ruled on Friday to stop nurses from striking work for one day, the California Nurses Association has warned that it will not give up its dispute with the University of California.
Food Chains Remove Chicken Products over Salmonella Concerns
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Food chains across the US are pulling down all Marie Callender's Cheesy Chicken and Rice single-serve frozen products from their shelves. This is done after fears that these products may lead to potential salmonella contamination.
ConAgra Foods Inc., the Company who manufactures these products has already offered to recall all the products from the market.
U.S. Senate Passes New Medicare Measures
U. S. lawmakers are worried that older American citizens who are relying on Medicare may lose their access to health care services. To overcome these fears, the U. S. Senate passed a resolution on Friday that aims to prevent high cuts in the fees of doctors, which is paid by the Federal health care program.