
US Airways today announced a net profit of $240 million for the third quarter, its highest ever for the said period. The carrier reported earnings of $1.22 per share, beating estimates of $1.17 per share. It also said furloughed flight attendants and 300 pilots will be recalled by the end of this year and new […]
Thursday October 21 2010, 9:13 AM EDT | Posted in
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The U.S. Federal and Drug Administration (FDA) on Wednesday ordered makers of prostate cancer drugs to revise medication labels to state a small increased risk of diabetes, heart issues, and even death for patients who take gonadotropin-releasing hormone (GnRH) agonists. Affected brands include Sanofi’s Eligard, Abbott’s Lupron, and AstraZeneca’s Zoladex. Other drugs available in the […]
Thursday October 21 2010, 8:56 AM EDT | Posted in
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The Chinese economy posted a 9.6 percent expansion for the third quarter, its smallest increase in one year, while the inflation rate sped up last month to its quickest pace in almost two years, the country’s statistics bureau announced today. Gross domestic product (GDP) beat analysts’ estimate of 9.5 percent and consumer prices matched expectations, […]
Thursday October 21 2010, 8:44 AM EDT | Posted in
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The U.S. Food and Drug Administration on Tuesday rejected new diabetes medication Bydureon for lack of clinical data, specifically about how the drug affects heart rate. Bydureon makers Amylin Pharmaceuticals Inc. and Eli Lilly and Co. said that they will submit the new studies required by the FDA by the end of 2011, after which […]
Wednesday October 20 2010, 11:13 AM EDT | Posted in
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A warning about a possible al-Qaeda terror attack, and the crippling strikes of government workers have combined to disrupt travel throughout France. Refineries and fuel depots have been made inaccessible by oil workers who are protesting a government plan to extend the retirement age by two years, prompting calls from aviation officials for airlines to […]
Tuesday October 19 2010, 6:48 AM EDT | Posted in
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Bank of America announced on Monday that it would proceed with the foreclosure of at least 100,000 homes across 23 states starting next week, citing legal rights to do so amid allegations of document fraud. Observers say that the move of the country’s biggest bank may soon be followed by other lenders which would mean […]
Tuesday October 19 2010, 6:28 AM EDT | Posted in
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Cleveland Browns receivers Josh Cribbs and Mohamed Massaquoi were taken down by the Steeler’s James Harrison during Sunday’s game between Pittsburgh and Cleveland which the Steelers won 28-10. Former NFL Defensive Player of the Year Harrison was not apologetic for the knockdowns after the game. “I thought Cribbs was asleep,” said Harrison. “A hit like […]
Monday October 18 2010, 10:05 AM EDT | Posted in
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Performing chest compressions solely rather than the current standard of chest compressions with mouth-to-mouth ventilations on victims of heart attacks may achieve better likelihood of survival, a new study reveals. The Austrian and American researchers of the study, which is published online in the journal The Lancet, claims that continuous, uninterrupted chest compressions is the […]
Monday October 18 2010, 9:46 AM EDT | Posted in
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MGM Studios and Warner Bros. have finally scheduled to begin the filming of “The Hobbit” in February 2010 after encountering delays related to MGM’s reorganization and financial troubles, according to anonymous sources. Half of the financing was secured by MGM for the two-part prequel to J.R.R. Tolkien’s “Lord of the Rings” trilogy. The cost of […]
Sunday October 17 2010, 8:39 AM EDT | Posted in
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The United States government has started to investigate if China is improperly subsidizing companies engaged in the alternative and renewable energy business, in what is a major blow to the alleged plan of China to wrest control of the promising industry. A petition filed by the United Steelworkers Union accusing China of extending inappropriate subsidies […]
Saturday October 16 2010, 9:06 AM EDT | Posted in
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