Business

Valeant strikes price-cutting deal with Walgreens, hoping to polish its tarnished image

Valeant shares had plummeted anywhere from 60%-70% over the past three months on the heels of the Philidor accusations and ongoing Congressional and regulatory inquiries into the drugmaker's pricing and distribution models. Philidor , which is shutting down following accusations of improper billing, accounted for about 7 percent of Valeant sales so far this year. On Tueday, it announced plans to deliver up to US$600 million in annual savings to the USA health-care system starting next ...

Business

Goodbye to Downton - Series filmed in Hampshire ends

The final episode of ITV's Downton Abbey will be broadcast on Christmas Day. BBC sci-fi favorite Doctor Who , starring Peter Capaldi, in 2014 drew an overnight audience of 6.34 million on Christmas Day, beating out Downton Abbey . Patricia Hodge, best known in recent years for her role in BBC One comedy Miranda, will play the mother of Bertie Pelham. We'll know more next year.

Business

Even more reports of E. coli at Chipotle

In its annual report, Chipotle has noted it may be at a higher risk for outbreaks of food-borne illnesses because of its "fresh produce and meats rather than frozen, and our reliance on employees cooking with traditional methods rather than automation".

Business

Valeant (VRX) Stock Soars Despite Lowered Guidance

The deal also calls for offering 30 brand name drugs at the same price as their generic equivalents, representing a discount of 5 percent to 95 percent through Walgreens pharmacies. Clearly, the firm is attempting to show that it's shifting its strategy significantly with the new distribution deal and planned price cuts. Express Scripts, the nation's largest pharmacy benefit manager, said that its drug reimbursement and coverage policies remain in place.

Business

Michelle Dockery cried at Downton Abbey ending

Allen Leech, who played Tom Branson spoke of how momentous being a part of Downton has been. Will poor suffering Edith finally find happiness? At the end of the last series, they had split up after bitchy Lady Mary (Michelle Dockery) told Bertie that her sister had a secret baby daughter.

Business

$20000 hoverboard actually hovers...for a few minutes, anyway

Unlike some hoverboards, like the Hendo and Lexus's prototype hoverboard, which only work on certain conductive surfaces the Arcaboard can hover on just about any surface thanks to its 36 electric fans. In more than 15 years, it's performed numerous tests of aerospace technology, but we can't see that the outfit has ever really done, made or sold anything.


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