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East Bay's Depomed snags J&J pain-fighting drug in $1 billion deal

2015-01-20 17:10:51| Food - Topix.net

Depomed President and CEO Jim Schoeneck. Depomed agreed to buy U.S. rights to a pain-killing opioid drug for $1.05 billion.

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Transfix Brings the Uber Model to the $800 Billion Trucking Industry

2015-01-20 16:39:21| Trucking - Topix.net

Drew McElroy was born into the trucking industry. His parents even named their freight brokerage after him, Andrew's Express.

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Oil tycoon lost $9.2 billion in six months

2015-01-19 15:36:33| Electronics - Topix.net

The tycoon saw half his wealth vanish in just six months, as falling oil prices crushed the value of his company, Continental Resources, Inc, bringing his net worth down from $18.5 billion in June of last year to $9.3 billion in early January, according to Wealth-X, a wealth tracking company. Hamm has also been going through a very public divorce from his ex-wife, Sue Ann Arnall, which made headlines after a judge ordered him to cough up nearly $1 billion.

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Mainframe Computer processes 2.5 billion transactions per day.

2015-01-19 14:30:45| Industrial Newsroom - All News for Today

Enabling transactions that are persistent, protected, and auditable from end-to-end, Model Z13 adds assurance as mobile transactions grow. Unit speeds real-time encryption of mobile transactions to help protect transaction data and ensure response times consistent with positive customer experience. With embedded analytics that provide real-time insights on all transactions, mainframe helps guarantee ability of client to run real-time fraud detection on 100% of their business transactions.

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AT&T Estimates Charges Of $10 Billion In Fourth Quarter

2015-01-17 07:21:36| Telecom - Topix.net

AT&T Inc said it expected to record charges of about $10 billion for the fourth quarter but the non-cash losses would not affect operating results. The biggest U.S. telephone company said it would take a charge of $7.9 billion related to actuarial gains and losses on pension and post-employment benefit plans.

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