Massachusetts pharmacy board head fired after meningitis outbreak

BOSTON (Reuters) – Authorities fired the director of the Massachusetts Board of Pharmacy after he failed to investigate a complaint against New England Compounding Center, the company at the center of a deadly U.S. meningitis outbreak, state officials said on Wednesday.NECC is linked to a meningitis outbreak that has infected more than 400 people and caused...

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Home repossessions ‘fall further’

8 November 2012 Last updated at 05:46 ETThe number of homes being repossessed has fallen to a five-year low, according to mortgage lenders. The Council of Mortgage Lenders (CML) said there were 8,200 repossessions in the third quarter of 2012, the lowest quarterly number since 2007.The figure was down from 8,500 in the...

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Canada firms to capitalize on nuclear trade with India

NEW DELHI (Reuters) – Canadian firms will be able to export uranium and nuclear reactors to India for the first time in almost four decades under an agreement between the two nations, their prime ministers said, but more work is needed to implement the deal.Once implemented, the agreement will end a ban on nuclear cooperation Canada imposed in 1976 after...

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Apple suit vs. Google over patent rates dismissed

NEW YORK (AP) — A federal judge in Madison, Wis., on Monday threw out a suit by Apple Inc. claiming that Google subsidiary Motorola Mobility is seeking unreasonably high license fees for the use of patents on wireless technology.The suit is part of a world-spanning battle between Apple and Google, whose Android software powers the smartphones that compete...

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TV networks to staff: watch what you tweet on Election Day

LOS ANGELES (Reuters) – U.S. television networks face a new challenge in covering this year’s excruciatingly close presidential election: prevent closely guarded exit poll results from leaking onto Twitter, Facebook and other social media platforms.The major TV news networks agreed to shield early exit poll data suggesting who is leading in a state until...

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Election over but final Florida results still not in

MIAMI (Reuters) – Americans gave President Barack Obama a second term in office, but it still wasn’t clear early on Wednesday whether the president won the key battleground state of Florida.The vote in the state, which introduced the terms “hanging chads” and “butterfly ballots” to the masses in its historic 2000 presidential election, was too close to...

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Ahead of the Bell: US Consumer Credit

WASHINGTON (AP) — Americans felt more confident about the economy in September and likely stepped up borrowing.Economists forecast consumer borrowing rose by $ 10.3 billion in September from August, according to a survey by FactSet. The Federal Reserve will release the report at 3 p.m. EST Wednesday. In August, consumers...

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Cautious reformers tipped for new China leadership

BEIJING (Reuters) – China‘s ruling Communist Party will this month unveil its new top leadership team, expected to again be an all-male cast of politicians whose instincts are to move cautiously on reform.Sources close to the leadership say 10 main candidates are vying for seven seats on the party’s next Politburo Standing Committee, the peak decision-making...

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Cable industry seeks out Silicon Valley pizzazz

(Reuters) – The U.S. cable industry, hoping to revive innovation and beat back the emergence of online video, is turning for ideas to Silicon Valley.Leading players from Time Warner Cable to Comcast Corp will next year set up a showpiece research center in the heart of a region that has spawned recent momentous trends, from social networking to the mobile...

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Aerosmith puts on Boston street concert on Memory Lane

BOSTON (Reuters) – Thousands of music fans clogged a Boston street on Monday to hear Grammy award-winning rock band Aerosmith perform a free concert in front of the apartment building where the musicians began their career four decades ago.The band blared out hits including “Walk This Way” and “Sweet Emotion” from the back of a specially converted tractor-trailer...

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