Tuesday, October 25, 2011

Hang Up and Listen: The Worst Great Quarterback Edition

In this week?s episode of Slate?s sports podcast Hang Up and Listen, Stefan Fatsis, Josh Levin, and Mike Pesca discuss the tight World Series between the St. Louis Cardinals and Texas Rangers. They also talk about Tim Tebow?s big comeback for the Denver Broncos and his prospects as a pro quarterback. And Sally Jenkins joins the show to explain her proposal to allow college athletes to major in sports.

Source: http://feeds.slate.com/click.phdo?i=9c120eb3e46b6271088251cdfe727dd0

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XE.com - New finance for medium firms key to UK growth -CBI

By Olesya Dmitracova

LONDON, Oct 24 (Reuters) - Improving medium-sized firms' access to venture capital and bond markets would help fuel Britain's economic growth, the Confederation of British Industry said on Monday.

Allowing these businesses to grow faster could add 0.1-0.26 percent to Britain's annual rate of economic growth by 2020, the CBI said in a report which touches on a problem that has recently fallen under the political spotlight.

Finance minister George Osborne, focused on cutting a large budget deficit, is under pressure to improve Britain's rate of growth, which was minimal over the past year and is forecast to be very weak in 2012.

With that aim in mind, the government has set targets for banks on lending to businesses, but has since consistently criticised them for not lending enough.

CBI Director-General John Cridland agreed that a lack of finance is a major barrier for British firms with a turnover of between 10 million and 100 million pounds.

'In many ways that's the most critical ingredient...to make sure that the financial support options do help that growth to be achieved,' he told a media briefing held in a smart central London wine bar, part of a chain owned by brewers Adnams which the CBI had identified as a successful medium-sized business.

Medium-sized businesses generate 22 percent of economic revenue and 16 percent of all jobs in Britain, according to the CBI.

As bank lending is constrained, the CBI says it wants the government to help such firms issue bonds backed by public money, encourage venture capital and dilution of ownership, and make it easier for large companies to invest in smaller ones.

As an example of this, the CBI invited Ceres Power, which makes alternative energy devices for use in homes, to the briefing. The firm's commercial director, Bob Flint, said that the company's search for funding led to a deal with Centrica's British Gas, Britain's largest energy supplier, which has invested more than 20 million pounds in the firm.

(Reporting by Olesya Dmitracova; editing by Ron Askew) Keywords: BRITAIN COMPANIES/FINANCE

(olesya.dmitracova@thomsonreuters.com)(+44 20 7542 8051)(Reuters Messaging: olesya.dmitracova.thomsonreuters.com@reuters.net)

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Source: http://www.xe.com/news/2011/10/23/2233865.htm?utm_source=RSS&utm_medium=TL&utm_content=NOGEO&utm_campaign=News_RSS_Art6

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Monday, October 24, 2011

FDA approves first generic versions of Zyprexa

(AP) ? Federal health officials on Monday approved the first generic versions of the blockbuster drug Zyprexa, an expensive treatment for schizophrenia and bipolar mood disorder.

Zyprexa posted sales of $5.7 billion last year for drugmaker Eli Lilly & Co Inc., according to prescription tracking company IMS Health.

The new low-cost versions of the drug will be marketed by Indian generic drugmaker Dr. Reddy's Laboratories and by Teva Pharmaceutical Industries, based in Israel.

Zyprexa is part of a class of medications called atypical antipsychotics that effect levels of dopamine, a brain chemical that controls behavior, mood and movement. Doctors overwhelmingly embraced the drugs in the 1990s over older treatments, because they were thought to be less likely to cause side effects like muscle tremors and spasms. The newer medications have their own side effects; including weight gain, high blood sugar and drowsiness.

Drugs like Zyprexa can cost up to $500 per month. Generic versions can cut the cost by up to 80 percent.

FDA approves generic versions of medications after the patent on the original drug expires or has been ruled invalid in court.

Shares of Indianapolis-based Eli Lilly rose 12 cents to $38.19 in afternoon trading.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/bbd825583c8542898e6fa7d440b9febc/Article_2011-10-24-US-Schizophrenia-Drug-Generic/id-2bb86ee7ab32457fa409902610b3e058

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Lamenting Orange: Apple Tweaks Smart Cover Color Palette

hero_20110303In addition to refreshing their line of MacBook Pros, it seems as though Apple couldn't resist the opportunity to tweak their iPad 2 Smart Cover lineup today. It's with a heavy heart that I report the orange polyurethane Smart Cover has shuffled off this mortal coil, and has been replaced with a more staid dark grey option. Tragic, I know.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/4oJ2yb7E6Js/

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Davis Instruments CarChip Fleet Pro Review

Ever wonder where your employees drove the company car?? Or if they are driving recklessly?? I?ve always wondered that so I thought a review of the CarChip Fleet Pro would solve all my problem. The CarChip Fleet Pro has an option for a GPS add-in which I?ve asked Julie to request from Davis Instruments but [...]

Source: http://the-gadgeteer.com/2011/10/21/davis-instruments-carchip-fleet-pro-review/

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Nevada Gives, And GOP Primary Will Wait for 2012 (The Atlantic Wire)

Nevada Gives, And GOP Primary Will Wait for 2012 - Yahoo! News Skip to navigation ? Skip to content ? Ted Mann Ted Mann ? Sat?Oct?22, 6:07?pm?ET Follow Yahoo! News on , become a fan on Facebook

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    Sunday, October 23, 2011

    China-EU summit shelved due to debt talks (AP)

    BEIJING ? China and the European Union on Friday called off a summit of their leaders next week so European officials can remain at home for talks on the continent's debt crisis.

    The one-day meeting planned for Tuesday in the eastern Chinese city of Tianjin will be rescheduled to a later date, the Chinese government and the European Council announced.

    The meeting was scheduled to include Chinese Premier Wen Jiabao, EU President Herman Van Rompuy, European Commission President Jose Manuel Barroso and other officials from the two sides. Several hundred European and Chinese businesspeople also were to have held a conference while the leaders met.

    Friday's cancellation came after European leaders scheduled meetings through the weekend to seek a solution to the continent's debt crisis.

    In a phone call with van Rompuy, Wen said the most important thing is to prevent the debt crisis from spreading and "a serious economic recession," according to the official Xinhua News Agency.

    Source: http://us.rd.yahoo.com/dailynews/rss/china/*http%3A//news.yahoo.com/s/ap/20111021/ap_on_bi_ge/as_china_eu

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