Surging exports to meet gaining foreign demand and the weak dollar have helped trim down the U.S. trade deficit to a nine-month low. The Department of Commerce announced on Friday that the trade deficit in October stood at $38.7 billion, significantly lower than the $44.6 billion gap recorded in September. Exports of American goods, led by […]
Liver damage has been noted during the clinical trial of the new Pfizer blood pressure drug Thelin, prompting the pharmaceutical firm to withdraw it from the market. Thelin or sitaxsentan, was available in Australia, Canada and Europe and was medically indicated to lower blood pressure in the pulmonary artery. Pfizer, based in New York City, […]
Rolaids soft chews are being recalled by manufacturer Johnson & Johnson after it received multiple complaints from consumers of finding foreign material such as wood and metal in the antacid chews. The products covered by the recall are Rolaids Extra Strength Softchews, Rolaids Multi-Symptom plus Anti-Gas Softchews and Rolaids Extra Strength plus Gas Softchews. In […]
High-speed rail projects which were allocated with a $1.2 billion fund by the federal government will be given to states who are more willing and ready to undertake such an infrastructure plan. States like Ohio and Wisconsin, which elected Republican governors who opposed the projects, were originally among the states who stood to benefit from […]
Unemployment benefit claims have dropped more than expected last week according to the latest weekly report released by the Labor Department. For the week ended December 4, jobless claims dropped by 17,000 to 421,000. The claims forecast was between 436,000 and 438,000 and a dip of 13,000. In another sign that the job market is […]
The retirement savings of middle-class Americans are not nearly enough to sustain them when they enter retirement age. The survey issued by Wells Fargo & Co. on Wednesday revealed that most Americans feel a $300,000 retirement fund will be sufficient for them. But they have only saved $20,000 on average, or just seven percent of […]
Newborn deaths in France have been found to be as much as five times higher than what official statistics say, a French team of scientists have said. The study by the National Institute of Health and Medical Research authored by John Cook and Anne Tursz looked at data from 26 French districts covering the period […]
Leonardo DiCaprio’s attacker was sentenced to two years in jail for slashing the face of the Hollywood actor with a piece of glass at a party in 2005. Aretha Wilson had pleaded no contest to the charge of assault with a deadly weapon. Judge Patricia Schnegg of the Los Angeles Superior Court took into account […]
Mike Tyson, the controversial boxer who was equally known for his powerful punch and troubles outside the ring, was named as one of the inductees in the 2011 class in the Boxing Hall of Fame and Museum in Canastota, New York. He will be joined by legendary Mexican champion Julio Cesar Chavez. The New York […]
E-cigarettes may be imported into the United States and the U.S. Food and Drug Administration has no authority to block their entry into the U.S. market if they are not promoted as a treatment, a U.S. court ruled on Tuesday. The FDA sought an appeal earlier of a court decision saying that the agency lacks […]
PayPal Withdrawing Support For Kindle Fire, BlackBerry And Windows Phone
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