The drug maker Eli Lilly & Company said on Wednesday that it planned an additional study of an experimental Alzheimer’s drug that failed to improve the condition of people with the disease, saying that it remained hopeful about the drug’s prospects. The newest study is expected to get under way in the third quarter of 2013 and will focus on patients with mild Alzheimer’s disease. Lilly...
Study Shows a Pattern of Risky Loans by F.H.A.
Labels: BusinessA new and extensive analysis of 2.4 million loans insured by the Federal Housing Administration in recent years shows a pattern of risky lending that could generate $20 billion in losses and harm thousands of the nation’s most vulnerable borrowers. By ignoring risks in loans it insured in 2009 and 2010, the study concludes, the F.H.A. is imperiling both borrowers and taxpayers who stand behind the...
Dec
11
North Korea Launches Rocket, Defying Likely Sanctions
Labels: WorldSEOUL, South Korea — North Korea defied the likelihood of more sanctions by the United Nations Security Council to launch a rocket on Wednesday, demonstrating that the government of its new leader, Kim Jong-un, was pressing ahead to master the technology needed to deliver a nuclear warhead on intercontinental ballistic missiles. The Unha-3, or Galaxy-3, rocket blasted off from the Sohae Satellite...
Deal Professor: In Netflix Case, a Chance to Re-examine Old Rules
Labels: TechnologyNetflix is in the Securities and Exchange Commission’s sights over a post on Facebook by Reed Hastings, its chief executive, saying that the video streaming company’s monthly viewing had reached a billion hours. Yet, the case is more convincing as an illustration of how the regulator clings to outdated notions of how markets work.In July, Mr. Hastings posted three lines stating that “Netflix monthly...
Rate of Childhood Obesity Falls in Several Cities
Labels: LifestyleJessica Kourkounis for The New York TimesAt William H. Ziegler Elementary in Northeast Philadelphia, students are getting acquainted with vegetables and healthy snacks. PHILADELPHIA — After decades of rising childhood obesity rates, several American cities are reporting their first declines. The trend has emerged in big cities like New York and Los Angeles, as well as smaller places like...
Rate of Childhood Obesity Falls in Several Cities
Labels: HealthJessica Kourkounis for The New York TimesAt William H. Ziegler Elementary in Northeast Philadelphia, students are getting acquainted with vegetables and healthy snacks. PHILADELPHIA — After decades of rising childhood obesity rates, several American cities are reporting their first declines. The trend has emerged in big cities like New York and Los Angeles, as well as smaller places like...
DealBook: HSBC to Pay $1.92 Billion to Settle Money Laundering Charges
Labels: BusinessFederal and state authorities announced on Tuesday that they had secured a record $1.92 billion payment from HSBC to settle charges that the British banking giant transferred billions of dollars for sanctioned nations, facilitated Mexican drug cartels to launder tainted money and worked with Saudi Arabian banks with ties to terrorist organizations.The case, a major victory for the government, represents...
Dec
10
Morsi Spokesman Tries to Clarify Military Order
Labels: WorldPetr David Josek/Associated PressDemonstrators camping out in Cairo's Tahrir Square on Monday. CAIRO — A day after President Mohamed Morsi formally directed the military to help keep public order and authorized soldiers to arrest civilians, a spokesman on Monday sought to draw distinctions between the order and the forms of martial law that the Egyptian Army had previously imposed. The spokesman,...
Mobile Apps for Children Fall Short on Disclosure to Parents, F.T.C. Report Says
Labels: TechnologySeveral hundred of the most popular educational and gaming mobile apps for children fail to give parents basic explanations about what kinds of personal information the apps collect from children, who can see that data and what they use it for, a new federal report says. The apps often transmit the phone number, precise location or unique serial code of a mobile device to app developers,...
Rate of Childhood Obesity Falls in Several Cities
Labels: LifestylePHILADELPHIA — After decades of rising childhood obesity rates, several American cities are reporting their first declines. The trend has emerged in big cities like New York and Los Angeles, as well as smaller places like Anchorage, Alaska, and Kearney, Neb. The state of Mississippi has also registered a drop, but only among white students. “It’s been nothing but bad news for 30...
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