Johns Hopkins study finds that taking Tylenol while pregnant increases child risk for ADH or autism spectrum disorder by 3 times

A study from researchers at the Johns Hopkins found that exposure to acetaminophen (Tylenol) in the womb may increase a child’s risk for attention deficit hyperactivity disorder or autism spectrum disorder. The researchers analyzed data from the Boston Birth Cohort, a 20-year study of early life factors influencing pregnancy and child development. They found that children […]

Continue reading…

Tenet Healthcare to pay $66 million to settle whistleblower suit asserting billing Medicare for docs who received kickbacks

Tenet Healthcare Corp. has agreed in principle to pay the federal government about $66 million to settle a whistleblower lawsuit alleging it billed public programs for medical services provided by physicians having improper financial relationships with a hospital partly owned by Tenet. Tenet disclosed the tentative settlement in its recent quarterly filing with the Securities and Exchange […]

Continue reading…

Federal judge denies Pratt & Whitney effort to dismiss whistleblower suit which says the company falsified inspection report on jet engines

A federal judge has denied Pratt & Whitney’s motion to dismiss a whistle-blower suit alleging that the company falsified inspection reports and selling billions of dollars of possibly defective jet engines to the military between 2012 and 2015. But Judge Janet C. Hall, said the latest version of the complaint by former Pratt engineer of […]

Continue reading…

Reckitt Benckiser Group to pay $22.7 million to Kentucky in Medicaid fraud case for Suboxone administration without counseling

Reckitt Benckiser will pay $22.7 million in state and federal Medicaid dollars after reaching an agreement with a pharmaceutical distributor over its improper marketing and promotion of the drug Suboxone. The civil settlement resolves allegations that, from 2010 through 2014, Reckitt, directly or through its subsidiaries, knowingly: Promoted the sale and use of Suboxone to […]

Continue reading…

Government of Bermuda first to accept tax payments in USD Coin cryptocurrency backed by Circle and Coinbase

Bermuda is first country to accept tax payments in the USD Coin (USDC) cryptocurrency. The USDC digital currency is backed by both Circle and Coinbase. One USD Coin has the equivalent value of one dollar. Coinbase is a digital currency exchange with headquarters in San Francisco and the company is broker exchange of Bitcoin, Bitcoin cash […]

Continue reading…

Generic form of heartburn drug Zantac still on shelves despite warnings that it may contain known carcinogen

The manufacturer  of a generic form of the heartburn drug Zantac, Novartis,  will cease distribution of the medicine after investigations suggested that generic and branded versions contain a known carcinogen. A distribution halt is not the same as a full recall, and generic Zantac (ranitidine) remaining on store shelves can still be sold, CBS News reported. In […]

Continue reading…

Former supervisor at Industrial Bank of China charged with improper handling of American Depository Receipts. Banks pays $42 million to SEC

The Securities and Exchange Commission today announced that Domenick Migliorato, a former supervisor of the securities lending desk at Industrial and Commercial Bank of China Financial Services LLC (ICBCFS), has agreed to settle charges for his supervisory failures involving the improper handling of transactions involving American Depositary Receipts (ADRs). Earlier this year, ICBCFS agreed to […]

Continue reading…

SEC halts Telegram Group’s business in U.S. stopping its plans to sell cryptocurrency or digital tokens here and possibly elsewhere

The Securities and Exchange Commission today announced that it has filed an emergency action and obtained temporary restraining order against two offshore entities conducting an alleged unregistered, ongoing digital token offering in the U.S. and overseas that has raised more than $1.7 billion of investor funds.Telegram and its subsidiary sold approximately 2.9 billion digital tokens […]

Continue reading…