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Drought takes $2.7 billion toll California agriculture

2015-06-03 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Climate Central: The record-breaking drought in California brought about by a severe lack of precipitation, especially mountain snows has exacted a $2.7 billion toll on the states economy because of agricultural losses, researchers said Tuesday. During a briefing for the California Department of Food & Agriculture, scientists from the University of California, Davis, told officials that based on their preliminary research and modeling, the drought is resulting in a harder economic pinch this year than it was...

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NXP To Sell RF Power For $1.8 Billion

2015-06-03 15:53:58| rfglobalnet Home Page

NXP Semiconductors N.V. announced on May 28 an agreement that will facilitate the sale of its RF Power business to Jianguang Asset Management Co. Ltd (“JAC Capital”). Under the terms of the agreement JAC Capital will pay $1.8 billion for the business.

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US Waxes Demand to Exceed $3 Billion in 2019

2015-06-03 07:00:00| Coatings World Breaking News

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FTC's $1.2 Billion Disgorgement Settlement With Cephalon:...

2015-06-03 04:46:32| Biotech - Topix.net

On May 28, 2015, the Federal Trade Commission announced the settlement of its 2008 lawsuit against Cephalon, Inc. , which alleged that Cephalon had made "reverse payments" to four generic drug manufacturers in order to delay sales of generic versions of its branded sleep disorder drug Provigil. According to the FTC, Cephalon had agree to pay the four generic companies a total of more than $300 million, purportedly for the purchase of an active pharmaceutical ingredient, the licensing of intellectual property, and the co-development rights in a new drug.

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Trucking Industry Imposes Up to $128 Billion in Costs on Society Each Year

2015-06-02 20:23:49| Trucking - Topix.net

During National Infrastructure Week earlier this month, we again endured what has become a common refrain of woe about crumbling bridges, structurally deficient roads, and a lack of federal funding for infrastructure. This call for alarm was quickly followed by yet another Congressional band-aid for the nearly bankrupt highway trust fund - and this one will hold for just sixty days.

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