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...
Netflix buys exclusive rights to Disney movies
Label: Business Netflix Inc. has acquired exclusive U.S. rights to movies from Walt Disney Studios in a deal that catapults the Internet video-on-demand...
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...
Court upholds $319M verdict in 'Millionaire' case
Label: LifestyleLOS ANGELES (AP) — A federal appeals court on Monday upheld a $319 million verdict over profits from the game show "Who Wants to Be a Millionaire" and rejected Walt Disney Co.'s request for a new trial.A jury decided in 2010 that Disney hid the show's profits from its creators, London-based Celador International. The ruling Monday by a three-judge panel of the 9th U.S. Circuit Court of Appeals found...
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...
Rupert Murdoch pulls plug on 'the Daily,' first news app for iPad
Label: Business Rupert Murdoch has pulled the plug on News Corp.'s high-profile experiment to create a digital national newspaper.The demise...
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...
Young down by boardwalk for benefit show
Label: LifestyleNEW YORK (AP) — Neil Young said Sunday that he couldn't see performing in the area devastated by Superstorm Sandy without doing something to help people who were affected by it.Young and his longtime backing band, Crazy Horse, will hold a benefit concert for the American Red Cross' storm relief effort Thursday at the Borgata Hotel Casino & Spa in Atlantic City. The New Jersey coastline areas were...
Vietnam Veterans, Claiming PTSD, Sue for Better Discharges
Label: HealthNEW HAVEN — In the summer of 1968, John Shepherd Jr. enlisted in the Army, figuring that the draft would get him anyway. By January 1969, he was in the Mekong Delta, fighting with the Ninth Infantry Division. Within a month, his patrol was ambushed, and Mr. Shepherd responded by tossing a hand grenade into a bunker that killed several enemy soldiers. The Army awarded him a Bronze Star with...
Chinatrust Bank to move U.S. headquarters to downtown L.A.
Label: Business Chinatrust Bank has agreed to move its U.S. headquarters to downtown Los Angeles from Torrance.The bank will rent two floors...
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