NEW YORK (Reuters) – When it comes to power, politics trumps business, according to a new Forbes ranking on Wednesday that found heads of state occupying six of the top 10 spots among the world’s most powerful people, led by President Barack Obama.The annual list selected what Forbes said were the world’s 71 most-powerful people from among the roughly 7.1 billion global populace, based on factors...
Extended Use of Breast Cancer Drug Suggested
Label: HealthThe widely prescribed drug tamoxifen already plays a major role in reducing the risk of death from breast cancer. But a new study suggests that women should be taking the drug for twice as long as is now customary, a finding that could upend the standard that has been in place for about 15 years. In the study, patients who continued taking tamoxifen for 10 years were less likely to have...
Europe Fines Electronics Makers $1.92 Billion
Label: BusinessBRUSSELS — For a decade, senior managers at some of the world’s largest electronics companies met at golf courses, mostly in Asia, for what they called “greens meetings.” Besides golf, the business at hand was a price-fixing scheme that affected millions of consumers, the top European antitrust regulator said on Wednesday. Joaquín Almunia, the European competition commissioner, imposed...
Dec
04
Mediators may spur a quick resolution in port strike
Label: World Standing with a picket sign in hand, clerical worker Manny Garcia gestured his thanks to motorists honking in support as they...
The Coolest Vertigo Comics, From <em>Sandman</em> to <em>Swamp Thing</em>
Label: TechnologyDC Comics has lost one of its most influential tastemakers with the news that executive editor Karen Berger will be stepping down from Vertigo Comics, the DC Comics imprint she founded and ran since its inception in 1993. In her nearly 20 years running Vertigo, Berger helped birth numerous legendary comics, like Neil Gaiman's Sandman and Alan Moore's V for Vendetta, which often reached beyond the...
‘Dr. Phil”s stolen classic Chevy recovered
Label: LifestyleBURBANK, Calif. (AP) — Los Angeles police say they’ve recovered a stolen 1957 Chevrolet Bel Air Convertible that belongs to talk-show host Phil McGraw.Detective Jess Corral said Tuesday that investigators recovered McGraw’s classic car, along with 13 others, after law enforcement began targeting auto theft rings.McGraw is known as television’s “Dr. Phil. His car was stolen from the RODZ shop in Burbank...
Generic Drug Makers Facing Squeeze on Revenue
Label: HealthThey 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...
Economic Scene: Unionizing at the Low End of the Pay Scale
Label: BusinessAndrew Kelly/ReutersA protester held up a sign at a demonstration outside McDonald’s in Times Square last week. Other than poverty, José Carrillo and Joshua Williams have little in common. The austere life of Mr. Carrillo, a 79-year-old Peruvian immigrant from Washington Heights, is a universe apart from the hardscrabble reality of Mr. Williams, a 28-year-old single father from Atlanta staying at...
Dec
03
Santa Monica Nativity scenes to move to private property
Label: World Santa Monica's much-debated Nativity scenes will be staged after all — on private property. The decision was hailed by advocates...
Microsoft's Motorola Patent Violation Won't Stop Xbox Sales
Label: Technology A federal judge in Seattle has told Motorola Mobility that he will not grant its request to ban the sale of Microsoft’s Xbox 360, and the two need to stop bickering and broker a licensing deal to end their patent suit.The ruling by Judge James Robart follows a finding by an International Trade Commission administrative law judge that the Xbox has violated four Motorola...
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