I’VE had a long career as a business journalist, beginning at Forbes and including eight years as the editor of Money, a personal finance magazine. But I’ve never faced a more confounding reporting challenge than the one I’m engaged in now: What will I pay next year for the pill that controls my blood cancer? After making more than 70 phone calls to 16 organizations over the past few weeks,...
Bits Blog: Study May Offer Insight Into Coca-Cola Breach
Label: Technology Spend enough time with cybersecurity experts and chances are you will hear some variation of this line: There are two types of companies in the United States, those that have been hacked and those that don’t yet know they’ve been hacked.Government intelligence officials and cybersecurity specialists say hackers — predominantly from China — are siphoning gigabytes, if not terabytes, of data from companies...
Tunnel Collapse Outside Tokyo Traps Motorists
Label: WorldKyodo News, via Associated PressA surveillance camera within the Sasago tunnel showed rescue workers at the scene of a collapse on Sunday. TOKYO — At least seven people were feared dead after part of a highway tunnel collapsed Sunday in eastern Japan, trapping them in their vehicles and starting a fire that filled the tunnel with thick, black smoke. Franck Robichon/European Pressphoto...
Nov
30
Most Americans Face Lower Tax Burden Than in the 80s
Label: BusinessWhat Is Fair?: Taxes are still a hot topic after the presidential election. But as a country that spends more than it collects in taxes, are we asking the right taxpayers to pay the right amounts?BELLEVILLE, Ill. — Alan Hicks divides long days between the insurance business he started in the late 1970s and the barbecue restaurant he opened with his sons three years ago. He earned more than $250,000...
Ranbaxy, a Generic Drug Maker, Stops Making Cholesterol Pill
Label: HealthRanbaxy Pharmaceuticals, the largest producer of the generic version of Lipitor, has halted production of the drug until it can figure out why glass particles may have ended up in pills that were distributed to the public, the Food and Drug Administration announced Thursday. The agency said it had not received any reports of patients being harmed by the particles, which are about the...
Ranbaxy, a Generic Drug Maker, Stops Making Cholesterol Pill
Label: LifestyleRanbaxy Pharmaceuticals, the largest producer of the generic version of Lipitor, has halted production of the drug until it can figure out why glass particles may have ended up in pills that were distributed to the public, the Food and Drug Administration announced Thursday. The agency said it had not received any reports of patients being harmed by the particles, which are about the...
Syrian Internet Connections Cut for Second Day
Label: TechnologyBEIRUT, Lebanon — Activists in Syria reported on Friday that Internet connections were cut for a second successive day, fanning speculation among opponents of President Bashar al-Assad about the government’s intentions in coming days. But some supporters of the rebels seeking Mr. Assad’s overthrow in the country’s bloody civil war said they could bypass the blackout on Internet servers by...
IHT Rendezvous: Our Brussels Correspondents Answer Readers' Questions About the Euro, Europe and the Union
Label: WorldThe news this week from besieged Europe was — relatively — good, sort of. Yields on Italian government bonds — the amount Italy has to pay investors to assume a piece of their debt — fell to the lowest levels in more than a year. The German parliament, the Bundestag, approved Germany’s latest contribution to bailout broke Greece. And though unemployment in the euro zone reached record heights, the...
Nov
29
Medicare Is Faulted in Electronic Medical Records Conversion
Label: BusinessThe conversion to electronic medical records — a critical piece of the Obama administration’s plan for health care reform — is “vulnerable” to fraud and abuse because of the failure of Medicare officials to develop appropriate safeguards, according to a sharply critical report to be issued Thursday by federal investigators. Mike Spencer/Wilmington Star-News, via Associated PressCeleste...
Medicare Is Faulted in Electronic Medical Records Conversion
Label: HealthThe conversion to electronic medical records — a critical piece of the Obama administration’s plan for health care reform — is “vulnerable” to fraud and abuse because of the failure of Medicare officials to develop appropriate safeguards, according to a sharply critical report to be issued Thursday by federal investigators. Mike Spencer/Wilmington Star-News, via Associated PressCeleste...
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