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Despite the discussions, and the rejection, FTC has not made any counteroffer, Staples said.

Tilles also thanked Shkreli “for helping us build Turing Pharmaceuticals into the dynamic research-focused company it is today”, a reference to Shkreli’s after-the-fact claim that he needed to raise Daraprim’s price so much to fund research on other drugs.

On Friday, Shkreli resigned from his role as chief executive of Turing Pharmaceuticals, the company that owns the rights to Daraprim. “The charges against me are baseless and without merit”, Shkreli, who is free on $5 million bond, tweeted on Saturday.

The prices of crude oil stayed at levels which are not seen since early 2009, as the output in the Middle East continued to increase, despite of huge oversupply.

Shkreli, a flagrant self-promoter who recently said he should have hiked the price of anti-parasitic drug Daraprim even more, was paraded in handcuffs by the Federal Bureau of Investigation after his arrest.

As of Sunday afternoon, the most recent tweet for Shkreli said, “I am now a god”.

The deal, which was formally announced on Friday, will face intense scrutiny from regulators especially over the combining of the two agricultural businesses, which sell chemicals for the protection of seeds and crops, including pesticides and insecticides. Dow and DuPont...

Shareholders of Dow Chemical will get 1 share in the new DowDuPont for each Dow share, while DuPont shareholders will get 1.282 shares for each DuPont share.

A single-engine plane out of San Jose crashed in Bakersfield killing all five people on board, officials said.

News source via queerty.com Last Thurs., the 32-year-old price gouger was once arrested (taken in to custody) via the Federal Bureau of Investigation & charged with securities fraud & conspiracy for some asserted shady shenanigans he dedicated while he becomerunning for...

In a Wednesday announcement, Yahoo said that it has scrapped its planned spinoff of its $31-billion stake in bigwig Chinese e-commerce company Alibaba.

Stronger European shares and a renewed slump in crude oil prices, which hit levels unseen since 2004, curbed gold’s ascent. Bullion is often seen as a hedge against oil-led inflation.

The allegations brought against him include using money from Retrophin, his first pharmaceutical company, to settle his debts related to his hedge fund and investors, and duping his investors in hedge funds.

Japan and India agreed several high-profile deals Saturday including on high-speed rail, defence technology and civil nuclear cooperation, Indian Prime Minister Narendra Modi said in New Delhi.

The company said the new plan will take at least a year to implement.