Business

North Korea Claims It's Tested A Hydrogen Bomb

Following North Korea's Wednesday announcement that has "perfectly succeeded" in testing a hydrogen bomb, the USA released a statement making clear that it will not accept North Korea as a nuclear state and, if necessary, will "respond appropriately to any and all North Korean provocations ".

Business

Hong Kong Booksellers Mystery Deepens as Wife Drops Missing Person's Report

Lee Bo, also known as Paul Lee - disappeared last week. British Foreign Secretary Philip Hammond, visiting Beijing, told reporters: "We have urgently inquired with both Hong Kong and mainland authorities". He said this provocation worked against the One Country, Two Systems by which Hong Kong and the mainland coexisted. " Hong Kong people are very shocked and appalled", Ho said, adding that it was "outrageous" for Bo to have disappeared.

Business

Pre-Orders for Oculus Rift to Open Wednesday

That cost will net purchasers the Rift VR headset, a sensor, a remote, cables, an Xbox One controller, and two pack-in games to play - EVE Valkyrie and Lucky's Tale. Until then , users will have to make do with regular videogame controllers to play their new VR games. We now know that the headsets cost $599 and that they will begin shipping on March 28.

Business

Deadline approaching in Sprint, Verizon "cramming" settlement

The practice, which is commonly referred to as "cramming", is illegal and often goes undetected because the charges are small. U.S. Sen. Richard Blumenthal, a member of the Senate Commerce Committee, said the practice has become widespread and causes substantial financial harm to subscribers.

Business

Solimar Fire 75 percent contained after charring more than 1200 acres

Highway 101 were closed for part of the day, county fire department officials said. Hundreds of firefighters battled the blaze in the Solimar Beach area of Ventura County and were able to draw containment lines around 60 per cent of the conflagration by Saturday evening, county fire officials said.

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 ...