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Business & Lifestyle

Mylan finalizes $465 million settlement over EpiPen billing lawsuit

WASHINGTON (UPI) -- Mylan, the drug company that manufactures the anti-allergy injector EpiPen, finalized a $465 million settlement with the federal government stemming from allegations it over-billed Medicaid for the drug. The Justice Department alleged Mylan violated the False Claims Act by knowingly listing the EpiPen as a generic drug, which is subject to lower rebates under federal law, despite the fact there is no equivalent competitor to lower the price. In order to prevent states from suffering price gouging by […]

todayAugust 17, 2017 9

Business & Lifestyle

Trump criticizes removal of Confederate monuments

WASHINGTON (UPI) -- President Donald Trump on Thursday criticized the removal of Confederate monuments in the United States, saying that "beauty" is "being taken out of our cities." Trump made the comments in a series of posts on Twitter. "Sad to see the history and culture of our great country being ripped apart with the removal of our beautiful statues and monuments," he wrote. "You can't change history, but you can learn from it. Robert E Lee, Stonewall Jackson - who's next, Washington, Jefferson? So foolish!" […]

todayAugust 17, 2017 2

Business & Lifestyle

Phoenix mayor asks Trump to cancel rally next week

PHOENIX/WASHINGTON (UPI) -- Phoenix Mayor Greg Stanton has publicly asked President Donald Trump to postpone a campaign-style rally scheduled for Tuesday. In a statement Wednesday, Stanton, a Democrat, asked Trump to delay his visit to Phoenix because "our nation is still healing from the tragic events at Charlottesville." A senior Trump campaign adviser told ABC News on Wednesday, "Barring any unforeseen events between now and then, there is no chance we will delay the rally." Some other scheduled events across the country have been canceled […]

todayAugust 17, 2017 4

Business & Lifestyle

China overtakes Japan as largest U.S. creditor with $1.1 trillion owed

BEIJING/WASHINGTON (UPI) -- China has once again become the United States' largest creditor, Treasury Department figures released Wednesday indicate. China sold off some of its U.S. Treasury bonds last year to prop up its own currency, the yuan, but its holdings of U.S. government debt have increased this year to $1.15 trillion, an increase of $44 billion since June. The policy means the United States currently owes China more money than any other country. Japan held that position for the past eight months but […]

todayAugust 16, 2017 4

World

Britain’s new $3.86 billion aircraft carrier arrives at home port

PORTSMOUTH, England (UPI) -- Great Britain's largest aircraft carrier, the newly built HMS Queen Elizabeth, arrived in Portsmouth, England, to a festive welcome Wednesday. The 919-foot, 65,000-ton warship sailed into its home port on the English Channel as thousands of people watched. Speaking aboard the vessel, Prime Minister Theresa May called it a symbol of the United Kingdom's stratus as a "great global maritime nation." "Britain can be proud of this ship and what it represents. It sends a clear signal that as Britain […]

todayAugust 16, 2017 3

Business & Lifestyle

Trump again blames ‘many sides’ in Charlottesville violence

WASHINGTON (UPI) -- President Donald Trump on Tuesday defended his initial response that "many sides" were involved in the violent confrontation between white supremacists and counter-protesters in Charlottesville, Va. "You had a group on one side that was mad, and you had a group on the other side that was also very violent," Trump told reporters at Trump Tower in New York. "Nobody wants to say that, but I'll say that. ... You had a group on the other side that came charging […]

todayAugust 15, 2017 7

Business & Lifestyle

Study reveals transgender troops ban could cost $960 million

SAN FRANCISCO/WASHINGTON (UPI) -- If the U.S. military implements President Donald Trump's directive to ban transgender people from serving, it would cost the U.S. government about $960 million, according to a report. The study released by the Palm Center estimates the cost to replace the transgender service members would be 114 times more than the $8.4 million to provide them care for gender transition. "President Trump said that he wants to fire honorably serving transgender troops in order to save […]

todayAugust 15, 2017 16

Business & Lifestyle

Department of Justice seeks personal info of 1.3 million anti-Trump website users

WASHINGTON (UPI) -- The U.S. Department of Justice has demanded information about 1.3 million users of a website that helps people organize protests against President Donald Trump's administration, the website's hosting service announced Monday. Los Angeles-based Dreamhost said the department served the company a search warrant asking for "all information available to us about this website, its owner, and, more importantly, its visitors." The website, disruptj20.org, was used by some protesters as a way to organize mass protests against Trump […]

todayAugust 15, 2017 4

Business & Lifestyle

Lockheed Martin receives $24.1 million F-35 systems contract

WASHINGTON (UPI) -- Lockheed Martin has received a $24.1 million modification to an existing contract for F-35 Lightning II logistics services for U.S. and foreign military sales customers, the Department of Defense announced on Friday. The contract will apply toward the standing up of depots and systems for the aircraft's canopy and avionics. It will supply the U.S. Air Force, Navy, Marine Corps, non-Pentagon participants and foreign military sales participants. Work will be performed in Fort Worth, Texas, and is projected to be finished in August […]

todayAugust 14, 2017 4

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