WASHINGTON (Reuters) – Federal regulators on Friday removed a roadblock to drugmaker Actavis Inc’s purchase of Warner Chilcott Plc after Actavis agreed to sell all rights and assets related to three oral contraceptives and an osteoporosis treatment.
The Federal Trade Commission said it settled charges that the $8.5 billion deal would be anticompetitive because of the companies’ stranglehold on certain drugs.
WASHINGTON (Reuters) – The U.S. Federal Trade Commission on Friday took another step toward a comprehensive study of “patent trolls” – companies in the business of buying and asserting patents – to see if they are hurting competition with abusive litigation.
FTC commissioners voted 4-0 to seek public comments on a proposal to collect information from about 25 “patent assertion entities.”
WASHINGTON (Reuters) – Miss Piggy is finally getting the attention and recognition she desperately sought.
On Tuesday, the glamorous, fame-seeking pig secured her place in history when she and some of puppeteer Jim Henson’s other creations were donated to the Smithsonian Institution.
WASHINGTON, Sept 19 (Reuters) – The prospects of Ron Binz
taking the reins at the Federal Energy Regulatory Commission
dimmed on Thursday when Senate Republican Leader Mitch McConnell
said he would “work to defeat” the former Colorado regulator.
“Binz has a proven track record of hostility toward coal and
other traditional fossil fuels,” McConnell, from the
coal-producing state of Kentucky, said in a statement.
WASHINGTON (Reuters) – The Senate on Thursday easily passed a measure that would prevent a shutdown of the U.S. helium reserve program in early October.
Helium – best known as the gas used to fill party balloons – is a critical product in the aerospace and defense industries and also used in the manufacture of smart phones and medical equipment, among other things.
WASHINGTON (Reuters) – Republicans and some Democrats criticized Ron Binz in a hearing on Tuesday on his nomination to lead a key U.S. energy regulatory agency as being non mainstream because his views on the nation’s energy future support renewable sources like wind over coal and natural gas.
Chairman of the Colorado Public Utilities Commission from 2007 to 2011 and currently a regulatory consultant, Binz was nominated by President Barack Obama in July to lead the Federal Energy Regulatory Commission.
WASHINGTON, Sept 17 (Reuters) – Republicans and some
Democrats criticized Ron Binz in a hearing on Tuesday on his
nomination to lead a key U.S. energy regulatory agency as being
non mainstream because his views on the nation’s energy future
support renewable sources like wind over coal and natural gas.
Chairman of the Colorado Public Utilities Commission from
2007 to 2011 and currently a regulatory consultant, Binz was
nominated by President Barack Obama in July to lead the Federal
Energy Regulatory Commission.
WASHINGTON (Reuters) – U.S. authorities on Friday cleared Honeywell International’s proposed purchase of mobile computing device maker Intermec on the condition that Honeywell license to a competitor certain key patents used in barcode scanners.
“Although divestiture of assets is the preferred remedy in merger cases, licensing requirements can preserve competition in markets where access to needed technology is the main barrier to entry,” said Deborah Feinstein, director of the Federal Trade Commission’s Bureau of Competition, said in a statement.
WASHINGTON (Reuters) – The United States will make about $474 million in discretionary grants for transportation projects in 37 states, the Department of Transportation said on Thursday.
Projects ranging from bike trails to bridge repair or replacement and port expansion will be funded under the Transportation Investment Generating Economic Recovery, or TIGER, program, said U.S. Transportation Secretary Anthony Foxx.
WASHINGTON (Reuters) – The U.S. agricultural sector will enjoy record high income in 2013 as bin-busting grain harvests in the Midwest more than offset expected lower prices, the Department of Agriculture said on Tuesday.
Net farm income in the United States will reach $120.6 billion this year, up 6 percent from 2012 but down from the $128.2 billion preliminarily forecast in February, mostly reflecting updated forecasts for cash corn receipts.