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UK fines companies for hiking epilepsy drug price 2,600 pct

The Associated Press  |  Posted  Dec 7th - 2:10am

British regulators have fined U.S. drugmaker Pfizer and distributor Flynn Pharma almost 90 million pounds ($114.6 million) for increasing the cost of an epilepsy drug by as much as 2,600 percent.

Japan's deal maker, Softbank tycoon Masayoshi Son

Elaine Kurtenbach, Associated Press  |  Posted  Dec 7th - 2:10am

Japanese billionaire Masayoshi Son, who met with President-elect Donald Trump and then announced plans to create 50,000 jobs and invest $50 billion in U.S. startups, has been one of Japan's most aggressive overseas investors for over two decades. He's getting an early start on deal-making with the future president.

Global stocks mostly higher on record Dow, telecoms news

Yuri Kageyama, Associated Press  |  Posted  Dec 7th - 2:00am

Global markets were mostly higher Wednesday, cheered by gains on Wall Street and optimism about the telecommunications industry.

German industrial production up only slightly in October

The Associated Press  |  Posted  Dec 7th - 1:40am

German industrial production rose more weakly than expected in October following a significant decline the previous month.

LA authorities boost security after threatened rail attack

John Rogers, Associated Press  |  Posted  Dec 7th - 1:40am

The FBI said Tuesday it found no evidence that a bomb threat which prompted heightened security at a Los Angeles subway station was real and the anonymous caller who made it may have reported similar phony threats in the past.

Car company offering red light-reading vehicles in Las Vegas

Ken Ritter, Associated Press  |  Posted  Dec 7th - 1:30am

On the theory that a driver who knows when a red light will turn green is more relaxed and aware, vehicle manufacturer Audi is unveiling this week in Las Vegas a technology that enables vehicles to "read" traffic signals ahead and tell the motorist how long the wait will be.

Trump promises to heal divisions, plans visit to Ohio State

Jonathan Lemire, Associated Press  |  Posted  Dec 7th - 1:21am

President-elect Donald Trump promised to "heal our divisions and unify our country" as he prepares to meet with some of the victims of last week's car-and-knife attack at Ohio State University.

Lawmakers wrapping up work, eyeing the exits

Andrew Taylor, Associated Press  |  Posted  Dec 7th - 1:13am

Lawmakers are spending plenty of money and are greasing the way for retired Gen. James Mattis to be President-elect Donald Trump's secretary of defense as they race toward adjourning the battle-scarred Congress.

Poll: Racial vulnerability linked to youth vote choice

Emily Swanson, Associated Press  |  Posted  Dec 7th - 1:10am

Among the youngest white adult Americans, feelings of racial and economic vulnerability appear to be closely connected to their support for Donald Trump in last month's election.

Aide says Trump sold stocks in June, provides no evidence

Julie Pace and Chad Day, Associated Press  |  Posted  Dec 7th - 1:10am

President-elect Donald Trump sold all of his stocks in June as he plunged into the costly general election campaign, his transition team abruptly announced Tuesday. His advisers provided no proof of the transactions and would not explain the apparent sell-off.

Japan mercury-poisoning victims demand tests, 60 years later

The Associated Press  |  Posted  Dec 7th - 1:00am

The Tokyo District Court has rejected a civil lawsuit demanding that tests into food toxicity and illnesses required by law be carried out for "Minamata disease" poisoning.

A look at the rise and fall of South Korea's president

Hyung-Jin Kim, Associated Press  |  Posted  Dec 7th - 12:10am

South Korean President Park Geun-hye, who faces impeachment this week, rose to power with the support of conservatives enamored of the economic growth ushered in by her late dictator father decades ago.

CEOs of AT&T, Time Warner to sell merger to skeptical Senate

Marcy Gordon, Associated Press  |  Posted  Dec 6th - 10:50pm

The CEOs of AT&T and Time Warner are heading to Capitol Hill in a bid to convince senators that a merger of their two companies will mean innovative new experiences for consumers.

Asian stocks mostly higher on record Dow, telecom news

Yuri Kageyama, Associated Press  |  Posted  Dec 6th - 9:11pm

Asian markets were mostly higher Wednesday, cheered by gains on Wall Street and optimism about the telecommunications industry.

Trump: Japanese mogul pledges $50 billion US investment

Josh Boak and Tali Arbel, Associated Press  |  Posted  Dec 6th - 9:02pm

After meeting with Donald Trump on Tuesday, Japanese tech billionaire Masayoshi Son said he will invest $50 billion in new startups in the United States, committing to creating 50,000 new jobs over an unspecified time period.

Drake tops iTunes' year-end music lists

Nekesa Mumbi Moody, Associated Press  |  Posted  Dec 6th - 8:52pm

Drake was all over Apple Music this year, so perhaps no surprise the rapper tops the iTunes music lists as well.

7 dead in latest China mine blast; 60 miners killed in week

The Associated Press  |  Posted  Dec 6th - 8:51pm

Seven coal miners are dead and another four still missing after a gas explosion in a central province in the latest deadly accident to strike China's mining industry, authorities said Wednesday.

GOP adds measure to aid Mattis' confirmation to stopgap bill

Andrew Taylor, Associated Press  |  Posted  Dec 6th - 8:51pm

Congressional Republicans on Tuesday unveiled a stopgap spending bill that would also expedite the likely confirmation of President-elect Donald Trump's pick for defense secretary next year.

Indonesia takes new step to combat loss of forests, fires

Stephen Wright, Associated Press  |  Posted  Dec 6th - 7:41pm

Indonesia has strengthened its moratorium on converting peat swamps to plantations in a move a conservation research group says will help prevent annual fires and substantially cut the country's carbon emissions if properly implemented.