Category archives for: Featured News

FDA to make painkillers less potent due to liver damage risk

Painkillers

Painkillers linked to liver damage must be made with less acetaminophen according to the U.S. Food and Drug Administration. The health agency said Thursday that it will set limits of the key ingredient at 325 milligrams per capsule of such brands as Percocet and Vicodin because hundreds of cases of liver damage have been reported […]

‘The Daily’ set to debut on iPad next week

iPad

Apple and News Corp. are reportedly planning to launch “The Daily”, a newspaper application for the iPad next week, specifically on January 19 in San Francisco. The status of the near-confidential project which is aimed at revitalizing the sagging fortunes of the news industry has been heavily speculated during the past several months. Dow Jones […]

U.S. budget deficit trimmed to $80 billion last month

Budget Deficit

The budget deficit declined 12.4 percent to $80 billion in December compared to the same month a year ago, a report by the Treasury Department showed Wednesday. But the total deficit for the year is still expected to top $1 trillion. For the initial three months of the present fiscal year the budget deficit is […]

Aging population means higher cost of cancer treatment

Cancer Treatment

The price of cancer treatment may reach as high as $200 billion in the next ten years as more and more Americans live longer and develop the dreaded condition, the National Cancer Institute said today. The estimated cost will rise two-thirds more than present levels, institute researchers said in its report which appeared in the […]

More flight cancellations as storm barrels northwards

Flight Cancellations

Flight cancellations are set to grow in number as a big storm sweeps from the South into the Northeast on Tuesday possibly blanketing Boston and New York under a foot of snow. Airline passengers were busy checking their flight status and carriers are relaxing change of reservation rules for travelers willing to delay travel later […]

MGM revives stalled James Bond project

James Bond

James Bond will soon embark on a new mission onscreen after a revitalized MGM Studios announced Tuesday that the 23rd Bond film will be released in November 2012. With financial woes behind it, the legendary Metro-Goldwyn-Mayer outfit will be reviving the spy film project starring  Daniel Craig as 007 that was postponed in April 2010 […]

Michael Douglas on the mend, tumor gone

Michael Douglas

Michael Douglas seems to be recovering well from treatment of his cancer. The Academy Award-winning actor told U.S. morning show “Today” host Matt Lauer said that he is cautiously optimistic that he will beat cancer. “The tumor is gone. But you know, I have to check out on a monthly basis now to maintain,” said […]

Excessive TV watching can give you a heart attack

Heart Attack

A new report reiterates previous findings that too much TV time can hike your risk of a heart attack and shorten your life span. The study, which appeared January 18 on the Journal of the American College of Cardiology, showed that spending four hours each day in front of the TV, computer, or video game […]

More California budget cuts seem inevitable

California Budget Cuts

California budget cuts already worth billions over the last few years are not quite ending yet as the state plans to curb more spending for the coming year, new governor Jerry Brown announced on Monday. A total of $12.5 billion will be cut from the state budget by June 30 in an effort to trim […]

Blue Shield health insurance premiums to increase 59%

Health Insurance

Blue Shield policy holders in California are bracing for up to a 59 percent increase in their health insurance premiums after the firm announced the hikes which will start on March 1. About 193,000 customers will be affected by the hike that is pending regulatory approval. The Blue Cross Blue Shield Association insurance subsidiary said […]

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