7/5/2015 The Justice Department announced last week that it is undergoing a probe into whether or not several major airlines are colluding to control expansion, limiting routes and seating in order to keep ticket prices high. Although refusing to name specific airlines, Department of Justice Spokesperson Emily Pierce confirmed that the department was investigating “possible
7/3/2015 Following last week’s landmark Supreme Court ruling on the Affordable Care Act (ACA), or Obamacare, two leading health insurers will be combining to form the second largest company in the industry. Aetna, the third-largest insurer will acquire Humana, the country’s fourth largest health plan provider. Aetna will pay a cash and stock equivalent to
7/3/2015 In a joint press conference, the attorneys general for Alabama, Florida, Louisiana, and Mississippi announced that it has agreed to settle the penalty phase regarding the Deepwater Horizon oil spill. The spill occurred on April 20th, 2010, when the aforementioned oil rig caught fire, killing 11 people and sent over 3 million barrels of
7/2/2015 In what may be the largest whistleblower lawsuit ever, the Justice Department, along with 11 states, are accusing Swiss pharmaceutical titan, Novartis, of running a massive kickback scheme through the U.S. Medicare and Medicaid programs. Specifically, the U.S. is accusing the drugmaker of referring patients to a handful of specialty pharmacies who sent in
7/1/2015 In a press release on Monday, Massachusetts-based medical device manufacturer, Abiomed, notified the public that the U.S. Department of Justice has dropped its investigation of the company’s Impella 2.5 heart pump. In the press release, Company CEO, Michael Minogue said, “We are pleased that the Department of Justice has chosen to close its investigation
7/1/2015 President Barack Obama will be speaking in La Crosse Wisconsin on Thursday to highlight a change in federal overtime law that he announced in a Monday night Op-Ed in the Huffington Post. Writing that, “In this country, a hard day’s work deserves a fair day’s pay,” the president announced that the rule change will
6/30/2015 It seems every few years or so, the specter of tort reform appears in the halls of Congress to test the political winds. Last week, while the winds of freedom emanated from the Supreme Court steps and the air from dozens of collective exhales from the White House over the ACA, the ghost of
6/30/2015 After a nearly seven-year research process, the New York state Department of Environmental Conservation (DEC) released a damning findings statement on hydraulic fracturing, better known as fracking. The statement was the official document needed in order to ban the practice in the state. In a prepared statement, DEC chief, Joe Martens said, “Prohibiting high-volume
6/29/2015 According to a Sunday press release, Fiat-Chrysler announced that an assembly error detected last month may cause a suspension component to fail in some 2015 Dodge Durango SUVs and Jeep Cherokee models. The automaker said that the rear control arm was not properly heat-treated, causing a defect which is estimated to occur in no
6/29/2015 ABC News is reporting that the U.S. Office of Personnel Management (OPM), essentially the human resources department for the federal government, is shutting down its background-check system in the wake of a massive recent data breach discovered in April and reported earlier this month involving millions of current and former government workers. According to