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Business & Lifestyle

U.S. government contractor in Afghanistan pleads guilty to $250k kickback scheme

Ray Downs, United Press International Writer WASHINGTON (UPI) -- A former employee of a U.S. government contractor in Afghanistan pleaded guilty to accepting more than $250,000 in illegal kickbacks from a subcontractor, in exchange for assistance in obtaining government contracts, officials said. According to the Department of Justice, Nebraska McAlpine, 56, of Smyrna, Ga., admitted that he and an Afghan executive agreed to a deal that would give McAlpine cash in exchange for no-bid contracts. The name of the executive and the subcontracting […]

todayJuly 19, 2017 5

Business & Lifestyle

U.S. lawsuit: Malaysian PM used stolen funds for Leonardo DiCaprio gifts

Elizabeth Shim United Press International WASHINGTON/KUALA LAMPUR (UPI) -- A Picasso painting, a luxury apartment in Manhattan and the movie rights to Dumb and Dumber To are at the center of a U.S. Department of Justice lawsuit that alleges Malaysian Prime Minister Najib Razak stole public funds to benefit himself and family members. Najib, identified as Official 1 in the Justice Department investigations, may have stolen as much as $4.5 billion from 1MDB, a Malaysian sovereign wealth fund that should have […]

todayJune 16, 2017 4

US Supreme Court backs quicker approval of drug copies

Business & Lifestyle

U.S. Supreme Court backs quicker approval of drug copies

Allen Cone United Press International WASHINGTON, D.C. (UPI) -- The U.S. Supreme Court unanimously ruled Monday that biotech drug copies -- called biosimilars -- can become available to consumers quicker. Writing for the court, Associate Justice Clarence Thomas said that the decision was not based on policy arguments, but rather, the "plain language" of the biosimilar statue itself. The nine justices overturned a lower court's decision that had prevented Swiss pharmaceutical company Novartis AG from selling its injectable version of […]

todayJune 12, 2017 4

Business & Lifestyle

White House employee violated federal law with tweet, U.S. agency says

Doug G. Ware United Press International WASHINGTON D.C. (UPI) -- President Donald Trump's social media director violated federal law earlier this year when he advocated for the election defeat of a Republican congressman, a U.S. investigative agency has concluded. The independent Office of Special Counsel said the employee, Dan Scavino, Jr., the man who directs executive-level social media, violated the U.S. Hatch Act in April with a tweet that targeted Rep. Justin Amash, R-Mich. Scavino, 41, called on Trump supporters to […]

todayJune 9, 2017 2

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