Tag: york
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Martin Shkreli says securities fraud charges are ‘baseless’
By Frank McGurty NEW YORK (Reuters) – Martin Shkreli, the pharmaceuticals entrepreneur vilified for jacking up the price of a life-saving AIDS drug, said on Saturday that unrelated securities fraud allegations that resulted in his arrest this week were “baseless and without merit.” Federal prosecutors have alleged that Shkreli was running a Ponzi-like scheme at…
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New York drug bust nets 136 pounds of cocaine worth estimated $3 million
Mark Soto and Xavier Herbert-Gumbs, face felony drug possession charges after authorities said they found a total of 136 pounds (61.7 kg) of cocaine in their vehicles in the Bronx, according to a statement by the Office of the Special Narcotics Prosecutor in New York. “This is the largest cocaine seizure that our office has…
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New York drug bust nets 136 pounds of cocaine worth estimated $3 million
Mark Soto and Xavier Herbert-Gumbs, face felony drug possession charges after authorities said they found a total of 136 pounds (61.7 kg) of cocaine in their vehicles in the Bronx, according to a statement by the Office of the Special Narcotics Prosecutor in New York. “This is the largest cocaine seizure that our office has…
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Drinking Coffee Tied To Lower Risk Of Death
(Reuters Health) – In a 10-year U.S. study, people who drank coffee regularly were less likely to die of many causes, including heart disease and diabetes, than those who didn't drink coffee at all.The more coffee study participants consumed, the lower their risk of dying, and decaf drinkers showed a similar pattern.“Coffee contains numerous…
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General Mills meets sodium-reduction goal in seven of ten product categories
By Anjali Athavaley NEW YORK (Reuters) – General Mills Inc said on Tuesday that it had reduced sodium by at least 20 percent in seven product categories, fewer than it had targeted, as part of the food industry’s effort to cut back on an ingredient said to increase the risk of serious illnesses. The maker…
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U.S. judge rules for SEC in fight with House panel over insider trading probe
By Nate Raymond NEW YORK (Reuters) – A U.S. House of Representatives panel and a former staffer must comply with subpoenas issued by the U.S. Securities and Exchange Commission as part of an insider trading probe, a federal judge has ruled. U.S. District Paul Gardephe in Manhattan, in a decision made public on Monday, said…