Politics
State Department official and brother queried on Blackwater
Rep. Henry Waxman decided to call State Department Inspector General Howard Krongard and his brother A.B. “Buzzy” to the same hearing after they separately gave the committee conflicting accounts about Buzzy Krongard’s ties with Blackwater, which protects U.S. diplomats and other State Department officials in Iraq
Business
Huntington sees surprise loss from mortgage client
The bank projected a charge of up to $300 million, or 81 cents per share, to boost reserves for losses stemming from its relationship with Franklin Credit Management Corp (FCMC.O: Quote, Profile, Research), which had borrowed $1.5 billion from Huntington as of September 30.
Vioxx plaintiffs can settle or lose lawyer: report
The provision — agreed to by Merck and the lead lawyers in the case — requires that if one client of an attorney enrolls in the settlement, then the attorney must recommend the deal to all other clients, according to the Journal.
Abu Dhabi Firm Takes $622M Stake in AMD
Diet Drug Rimonabant Tied to Depression, Anxiety
…those taking rimonabant were also 40 percent more likely to have an adverse reaction than people not taking it. In fact, those taking rimonabant were 2.5 times more likely to stop taking the drug because of depression and three times more likely to stop the drug because of anxiety, compared to people on placebo.
Oil group withdraws Smithsonian donation
A decision on accepting the oil industry money had been postponed earlier this month when two members of the Smithsonian’s board of regents raised concerns about accepting money from the oil industry for an exhibit on the oceans.
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