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Firm agrees to refund to settle suit over weight-loss pills

SALT LAKE CITY (AP) — A Salt Lake City-based company has agreed to pay refunds to consumers who purchased its weight-loss tablets to settle a class-action lawsuit that claimed its advertising slogan, “Eat All You Want & Still Lose Weight,” was deceptive. Read More..

February 28th, 2015

Giant, cross-border smuggling tunnel found under Arizona house

A ladder is seen at the entrance to a cross border tunnel located underneath a warehouse in TijuanaPolice pulled over a U-Haul carrying 4,700 pounds of marijuana this week. When they traced the truck’s route to a house on the border, they discovered the longest drug-smuggling tunnel the region has ever seen.

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February 28th, 2015

Chile leader visits ailing 14 year-old who wants to end her life

A picture released by the Chilean presidential press office shows President Michele Bachelet posing for a selfie with 14-year-old Valentina Maureira at a hospital in Santiago, on February 28, 2015Chile's President Michelle Bachelet on Saturday visited a 14-year-old girl suffering from cystic fibrosis who made a heart-wrenching video appeal to be allowed to end her life. Valentina Maureira had addressed Bachelet personally in the message, which she recorded with a smartphone and uploaded to YouTube from her hospital bed without her parents knowledge. Maureira is in "stable" condition from cystic fibrosis, an incurable genetic disorder that attacks the lungs and other vital organs, making it difficult to breath and causing a host of other symptoms. Her message has been viewed thousands of times on social networks, igniting debate over euthanasia in Chile, where it is forbidden by law.

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February 28th, 2015

Herbalife cuts pay of CEO Johnson 36 percent after missed targets

The Herbalife logo is seen on a building housing some of their offices in downtown Los Angeles, CaliforniaHerbalife Ltd cut the pay of Chief Executive Michael Johnson 36 percent for 2014 after the nutrition and weight loss company failed to meet performance goals set for him and other top executives, according to a securities filing on Friday. Herbalife said Johnson, who is also chairman, received total compensation of $6.73 million last year, down from $10.5 million in 2013, mainly because he did not receive the incentive plan compensation of $3.7 million he got the prior year. Herbalife has been closely watched since activist investor William Ackman accused the company of running a pyramid scheme in 2012, while rival investor Carl Icahn became the company's biggest owner in 2013. Herbalife, being investigated by state and federal regulators, has denied Ackman's charges.

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February 28th, 2015

China says to implement drug distribution reforms

China said on Saturday it would implement drug distribution reforms including centralization measures designed to cut prices and reduce corruption. The State Council, China’s cabinet, said it urged drug manufacturers to negotiate directly with hospitals on payment for pharmaceuticals instead of going through middle men. Authorities should also work to ensure the distribution of drugs to remote rural areas with underdeveloped modes of transportation in a timely fashion, the State Council said on its website. Authorities should push forward centralization and standardization measures in an effort to weed out corruption and lower prices, it added. Read More..

February 28th, 2015
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