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Bio-Rad Fined $55 M for Bribery

November 4, 2014 7:00 am | by Associated Press, Mercy Gordon | News | Comments

Bio-Rad Laboratories Inc. has agreed to pay about $55 million to resolve U.S. authorities' allegations that it failed to prevent bribery of officials in Russia, Thailand and Vietnam and falsifying records to hide the payments. Regulators have said the company paid some $7.5 million in bribes to officials in the three countries from 2005 to 2010 to win business, enabling it to make $35 million in illicit profits.

Payment Terminals 'Poynt' Toward the Future

October 30, 2014 7:00 am | by Associated Press, Michael Liedtke | News | Comments

A Silicon Valley startup is hoping an upcoming transition to smarter credit and debit cards will...

CVS to Punish Patronage of Tobacco-selling Pharmacies

October 21, 2014 2:00 pm | by Associated Press, Tom Murphy | News | Comments

CVS is developing a new tobacco-free pharmacy network for clients of its Caremark pharmacy...

Facebook, Apple to Pay for Employee Fertility Treatments

October 15, 2014 2:00 pm | by Associated Press, Barbara Ortutay | News | Comments

Facebook and Apple will now give up to $20,000 in benefits to help employees pay for infertility...

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Island to Get Drone Delivery Service

September 24, 2014 2:00 pm | by Associated Press | News | Comments

Deutsche Post DHL says it is starting Germany's first drone package delivery service, a test program transporting medicine to a pharmacy on a North Sea island.

Trading Pollution Credits Can Yield Cleaner Water

September 24, 2014 2:00 pm | by Duke Univ. | News | Comments

Allowing polluters to buy, sell or trade water quality credits could significantly reduce pollution in river basins and estuaries faster and at lower cost than requiring the facilities to meet compliance costs on their own. The scale and type of the trading programs, though critical, may matter less than just getting them started.

FDA: Beware of Fake Drug Distributors

September 23, 2014 2:00 pm | by Associated Press, Matthew Perrone | News | Comments

U.S. health regulators are trying to help doctors spot counterfeit and unapproved drugs by raising awareness of illegal operations that peddle bogus drugs to health professionals.


M&M's Recalled for Containing Peanut Butter Sans Warning

September 22, 2014 2:00 pm | by Mars Chocolate North America | News | Comments

Mars Chocolate North America has announced a voluntary recall of its M&M’S Brand Theater Box 3.40 oz packages. The theater box items within these lot codes may contain product containing peanut butter without listing on the ingredient label on the outside cardboard box. The inside package is correctly labelled with ingredients and allergy information.

Chevron Meets Voluntary Shale Drilling Rules

September 18, 2014 2:00 pm | by Associated Press, Kevin Begos | News | Comments

Chevron has become the first energy company to meet a new set of voluntary shale gas drilling standards that aim to go beyond existing state laws in Pennsylvania, Ohio and West Virginia, the Pittsburgh-based Center for Sustainable Shale announced today.

NASA Ends Russian Reliance as Boeing, SpaceX Win Out

September 17, 2014 8:12 am | by Associated Press, Marcia Dunn | News | Comments

NASA is a giant step closer to launching Americans again from U.S. soil. The space agency has picked Boeing and SpaceX to transport astronauts to the International Space Station in the next few years.

Gilead Licenses Generic Version of Drug for Developing World

September 15, 2014 8:07 am | by Associated Press | News | Comments

Gilead Sciences says it has reached a deal with several generic drugmakers to produce cheaper versions of its popular, expensive hepatitis C drug Sovaldi for use in developing countries.

Microsoft to Cut Up to 18,000 Jobs

July 17, 2014 11:53 am | by Associated Press | News | Comments

Microsoft has announced the biggest layoffs in its history, saying it will cut up to 18,000 jobs or 14 percent of its staff as it works to cut down on management layers and integrate the Nokia cellphone business it bought in April.


Gender Gap Seen in Nation’s Biology Labs

July 1, 2014 12:13 pm | by MIT, Anne Trafton | News | Comments

Among the sciences, biology consistently attracts the greatest numbers of women to graduate school and academic careers. About half of all biology graduate students are women, and 40 percent of biology postdocs are female. However, only 36 percent of assistant professors and 18 percent of full professors are women.

Oldest Freeze Dryer Contest Celebrates Labconco's Anniversary

July 1, 2014 7:00 am | by Labconco | News | Comments

Labconco Freeze Dryers are turning 40, and the celebration begins today. A special contest begins where only one winner will be the recipient of $9,000 worth of freeze dry companion products and accessories.

Companies Hope to Keep Europe Competitive in Space

June 16, 2014 12:00 pm | by Associated Press | News | Comments

Airbus Group and French engineering company Safran have agreed to merge their rocket launcher businesses into a new joint venture aimed at helping the European space sector stay globally competitive.

Panera to Go Natural as Sales Slow

June 3, 2014 12:36 pm | by Associated Press, Candice Choi | News | Comments

Panera says it will remove artificial colors, flavors, sweeteners and preservatives from its food by 2016, a reflection of the growing distaste people are showing for such ingredients. The announcement comes at a time when the company is facing slowing sales growth and working to jumpstart its business.

Egg Company to Pay $6.8 M in Plea Deal

June 2, 2014 12:36 pm | by Associated Press, Ryan Foley | News | Comments

An Iowa company has agreed to pay $6.8 million in fines for crimes that include selling the tainted eggs that caused a nationwide salmonella outbreak in 2010.


Samsung Apologizes to Sickened Workers

May 14, 2014 12:07 pm | by Associated Press, Youkyung Lee | News | Comments

Samsung Electronics Co. has apologized and promised compensation to chip factory workers who suffered cancers linked to chemical exposure, a rare win for families and activists seven years after the death of a 23-year-old employee from leukemia galvanized a movement to hold the company accountable.

Bayer to Buy Merck Consumer Business

May 6, 2014 12:00 pm | by Associated Press, David McHugh, Geir Moulson | News | Comments

Bayer has agreed to buy Merck & Co.'s non-prescription medicine and consumer care business for $14.2 billion, gaining products such as Claritin allergy pills, Coppertone sun lotion and Dr. Scholl's footcare products.

AstraZeneca Shares Soar After Pfizer's Offer

April 28, 2014 12:00 pm | by Associated Press, Danica Kirka | News | Comments

Shares in Anglo-Swedish drugmaker AstraZeneca jumped 15 percent on Monday after U.S. pharmaceutical firm Pfizer said it offered to buy the company for around $100 billion.

Cloud Strength Buoys Microsoft Revenue

April 25, 2014 12:00 pm | by Associated Press, Ryan Nakashima | News | Comments

Results from Microsoft's first quarterly earnings release under new CEO Satya Nadella offer fresh justification for his focus on cloud computing. The company has posted net income and revenue that beat Wall Street expectations.

Edward Colihan Becomes President, CEO of Metrohm USA

March 17, 2014 11:52 am | by Metrohm USA | News | Comments

Metrohm AG has announced the appointment of Edward Colihan as President and Chief Executive Officer of Metrohm USA effective April 1, 2014.

Google Fiber to Reach 34 More Cities

February 20, 2014 12:00 pm | by Associated Press, Michael Liedtke | News | Comments

Google is planning to offer high-speed Internet service in 34 more cities scattered across eight states in the company's boldest challenge yet to cable and telecommunications providers.

Industry News: Nanocarriers, Ultrasound Enable Targeted Chemotherapy

February 6, 2014 12:00 pm | by Sonrgy, Inc. | News | Comments

Tiny nanocarriers safely transport potent chemotherapy drugs to cancer tumors and release high doses on command in response to a focused beam of ultrasound.

Microsoft Names New CEO

February 4, 2014 12:00 pm | by Associated Press, Ryan Nakashima | News | Comments

Microsoft has named Satya Nadella, an executive in charge of the company's small but growing business of delivering software and services over the Internet, as its new CEO. Company founder Bill Gates is leaving the chairman role for a new role as technology adviser.

Thermo Fisher Selling Some Assets to GE

January 6, 2014 12:00 pm | by Associated Press | News | Comments

Scientific instrument maker Thermo Fisher is selling its cell culture, gene modulation and magnetic beads businesses to a General Electric Co. division for approximately $1.06 billion.

Approved: Sartorius to Take over TAP Biosystems

November 22, 2013 8:18 am | by Sartorius | News | Comments

The shareholders of UK company TAP Biosystems Group plc approved Sartorius’ takeover offer at the shareholder meetings held this week.

Google Remains Secretive over Construction

November 6, 2013 7:00 am | by Associated Press, Martha Mendoza | News | Comments

Google is erecting a four-story structure in the heart of the San Francisco Bay but is managing to conceal its purpose by constructing it on docked barges instead of land, where city building permits and public plans are mandatory.

EMD Millipore Introduces the Lab Solutions Virtual Conference

October 23, 2013 8:40 am | by EMD Millipore | News | Comments

EMD Millipore, the Life Science division of Merck KGaA, Darmstadt, Germany, announced the first Lab Solutions Virtual Conference on November 19 and 20, 2013.

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