Business

FTC approves Mylan's hostile bid for Perrigo with conditions

Perrigo shareholders have until November 13 to accept its tender offer. Mylan NV is reportedly undergoing some management changes after the company's acquisition of Perrigo Co.is completed. The drugs are hydromorphone hydrochloride, a narcotic; Scopolamine, for motion sickness; Acyclovir, for herpes; Bromocriptine mesylate, for type 2 diabetes and Parkinson's disease; Clindamycin phosphate/benzoyl peroxide, for acne; Liothyronine sodium, for hypothyroidism; and polyethylene glycol 3350, ...

Business

High-Speed Trader Found Guilty In Landmark Spoofing Case

The 53-year-old Coscia was accused of fraudulently earning money through the Chicago-based CME Group - the world's largest operator of futures exchanges - and European futures markets in 2011. He used these programs at his trading firm, Panther Energy Trading LLC, to commit a crime called spoofing, prosecutors said. It was banned under the Dodd Frank financial reforms .

Business

Blast rocks mosque in Saudi Arabia, killing at least 1

The Times quoted a source close to the North Atlantic Treaty Organisation parliamentary assembly, which had arranged the visit, as saying that while officials had said the cancellation was due to administrative reasons, recent public criticism of Saudi Arabia had also played a role.

Business

Walgreens hasn't told Theranos it's pulling back on partnership, CEO claims

She stated that they are only doing the one at the moment because of the FDA transition. The FDA considers the nanotainer an unapproved medical device, which Theranos had been shipping to several states. Striking a similar tone, Holmes claimed yesterday that her company's era of secrecy is about to come to an end. "What we want to do now is introduce that to the world so people can see what we built".

Business

Vodafone hack impact on Vodacom South Africa

The telecommunications giant said 1,827 customers had their accounts accessed, with criminals potentially gaining their names and a few bank details. Vodafone has become the latest United Kingdom telco to suffer a cyber attack , after personal information, including bank details, of more than 1,800 customers was stolen last week.

Business

Kaspersky Lab mobile malware data will keep IT pros up at night

Singapore, last quarter's leader, was moved to second place (4.2%) and 3% of users in Turkey were under threat (third). Besides the rising numbers of malware, Kaspersky also saw an increase in banking trojans across the board, with operators targeting both online and mobile payments systems and banking platforms.