News Posts Archives - Page 18 of 129

Controversial pharma CEO Martin Shkreli bails on Valeant bet

October 26, 2015 creative accusations, chief-executive, contentious, martin-shkreli, rudest, shares-plunged, time-selling, valeant, viewers-were

The one-time hedge fund executive now running a biotech firm at the center of a drug-pricing controversy on Monday said he has bailed from a losing bet he made on another contentious drug maker: Valeant Pharmaceuticals International Inc . On the day last week that Valeant shares plunged in response to a shortseller’s accusation of accounting irregularities, Martin Shkreli, head of Turing Pharmaceuticals, took to Twitter to say he had bought shares of Valeant while at the same time selling short the shares of rival Allergan Plc , a transaction known as a pairs trade. Onward and upward,” Shkreli tweeted, just hours after Valeant laid out a detailed defense against the accusations of accounting fraud.

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South Africa’s Naspers to sell Czech online business for $201 mln

October 26, 2015 admin accusations, chief-executive, its-holdings, martin-shkreli, naspers, netretail, romania, rudest, said-on-monday, shares-plunged, time-selling, valeant, viewers-were

South African media firm Naspers will sell its holdings in two Czech online businesses for $201 million after failing to merge it with a Romanian internet retailer, the company said on Monday. Naspers, which started as an Afrikaans language newspaper publisher a century ago, said the disposal of online retailer Netretail and price comparison platform Heureka was part of a plan to optimise its group structure. After different strategies prevented Naspers from merging Netretail with Romania’s eMag, both of which it bought in 2012, the company said it decided to focus on eMag as its preferred e-tail platform in the region.

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Behind Ben Carson’s rebellious public image, a DC insider is hard at work

October 25, 2015 publisher answer, barry-bennett, carson, client, emily-flitter, national, national-press, party, polls, sometimes-less

By Emily Flitter NEW YORK (Reuters) – U.S. presidential candidate Ben Carson may be the farthest Republican voters can get from the party's establishment: A retired neurosurgeon with a penchant for inflammatory comments who has never held, much less run, for elected office. While many of his rivals are concentrating on hiring staff and renting offices in key states like New Hampshire and Iowa, Carson is pursuing a more unorthodox campaign, sometimes less visible to the naked eye, that has fueled his rise to the top of the polls.

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TalkTalk hires BAE Systems to investigate cyber attack

October 25, 2015 admin attack, bodies-manage, carson, cyber-attack, give-further, national-press, party, sometimes-less

By Kylie MacLellan LONDON (Reuters) – British broadband provider TalkTalk said on Sunday it had hired defense company BAE Systems to investigate a cyber attack that may have led to the theft of personal data from its more than 4 million customers. TalkTalk said on Friday it had received a ransom demand from an unidentified party for the attack, which has led to calls for greater regulation of how companies and public bodies manage personal data. “BAE Systems are supporting us as we investigate this week's cyber attack,” a spokeswoman for TalkTalk said, declining to give further details due to the ongoing investigation

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Trick or Trump: The Donald, Pizza Rat among top Halloween costumes

October 25, 2015 admin caitlyn-jenner, carson, doorbell, dress, employee-kenny, popular-costume, sometimes-less, super-bowl, village-party

When a Donald Trump look-alike and a faux Caitlyn Jenner ring the doorbell on Halloween night, they may solicit a piece of candy but the treat they really seek is recognition. Pop culture experts say these “ripped from the headlines” costumes to celebrate the Oct.

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Judge dismisses Wikimedia lawsuit over NSA surveillance – report

October 24, 2015 creative bluffdale, caitlyn-jenner, carson, federal-court, nsa, popular-costume, security, spying-programs, super-bowl, united, village-party

A federal judge has dismissed a lawsuit by Wikimedia and other groups challenging one of the U.S. National Security Agency's mass surveillance programs, the Baltimore Sun reported. The lawsuit filed in federal court in Maryland, where the spy agency is based, said the NSA is violating U.S

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New deputy of Germany’s IG Metall says good work won her fans

October 24, 2015 admin became-the-most, biggest-trade, christiane, fellow-female, internet, more-industrial, newly-elected, powerful-woman, union-members

By Georgina Prodhan and Ilona Wissenbach FRANKFURT (Reuters) – Christiane Benner has to think long and hard about how she became the most powerful woman in German trade unionism. Benner, 47, was picked this week as deputy leader of IG Metall, Germany's biggest trade union, which represents 2.3 million engineering and metal workers at companies including Volkswagen and Siemens

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Venezuela sues black market currency website in United States

October 23, 2015 admin being-behind, district-court, gustavo-diaz, newly-elected, president, tracks-the-opec, united, venezuela

By Andrew Cawthorne CARACAS (Reuters) – Venezuela’s Central Bank filed a lawsuit on Friday with allegations of “cyber-terrorism” against a U.S.-based website that tracks the OPEC member’s currency black market. The DolarToday site has enraged President Nicolas Maduro’s government by publishing a rate in Venezuelan bolivars for the greenback far higher than the three official levels under Venezuela’s 12-year-long currency controls. The lawsuit, in the U.S

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Disney’s ESPN withdraws content from YouTube

October 23, 2015 publisher angeles, newly-elected, offering-coined, playa, president, sports-network, the-recently, united

(Reuters) – Walt Disney Co's sports network ESPN said it will not make its content available on YouTube, due to the recently announced ad-free subscription-based offering coined YouTube Red.

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Alphabet, Microsoft, Amazon give Wall Street reason to cheer

October 23, 2015 creative across-the-tech, amazon, chief-executive, microsoft-corp, newly-elected, photo, playa, president, relies-on-sales, search-traffic, sports-network, tech, united, word

Google parent Alphabet Inc , Microsoft Corp and Amazon.com Inc made headway in the latest quarter in the areas that will be their main engines of growth for years to come, driving up shares across the tech sector on Friday. For Alphabet, search traffic on mobiles surpassed desktop traffic worldwide for the first time, while Amazon was able to boost margins, an area of concern, as its cloud business boomed