Big Pharma in US fined $11 billion for conspiring to block introduction of lower-cost generics
Since the start of the Covid-19 pandemic and Russia’s invasion of Ukraine disrupted international supply chains – rendered fragile by decades of neoliberal globalisation – corporations fortified by preceding rounds of consolidation have capitalised on these and other crises to justify price hikes that far outpace the increased costs of doing business.
CNN sacks top-rated TV host Don Lemon hours after rival Fox News laid off its own talk-show host
CNN offered no public explanation for Lemon’s dismissal. During a February discussion on “CNN This Morning” with co-hosts Poppy Harlow and Kaitlan Collins about the ages of politicians, he said that the 51-year-old Haley was not “in her prime.” A woman, he said, was considered in her prime “in her 20s, 30s and maybe her 40s.”
Experts label SpaceX rocket explosion illustrates Elon Musk’s ‘successful failure’ business formula
SpaceX acknowledged that several of the Super Heavy’s 33 powerful Raport engines malfunctioned on ascent and that the booster rocket and Starship failed to separate as designed before the ill-fated flight was terminated.
From poisoning the environment to violent unrest and lawsuits, Nigeria’s oil is now a humanitarian issue for new president
Trillions of dollars have been earned by the government and the oil majors over the course of a more than six-decade partnership. During the years of peak production, when more than two million barrels a day were being pumped from the lush Niger Delta, Nigeria earned at least $80 billion annually.
When Fox News dangled $787.5 million pork Dominion Voting Systems sprinted to let go defamation lawsuit
The settlement is unlikely to be welcomed by Fox critics who believed that a guilty verdict would serve a mortal blow to the network’s reputation. The idea was that Fox, on the ropes, should not be allowed to slip away by writing a settlement check and mumbling an insincere apology.
SpaceX’s 120-metre Starship rocket explodes, burns 4 minutes after lift-off for round the world trial run
In the weeks leading up to the flight, Elon Musk gave 50-50 odds that the spacecraft would reach orbit. The company plans to use Starship to send people and cargo to the moon and, eventually, Mars.
German automaker BMW comes under barrage of criticism at Shanghai auto show for discrimination
The controversy comes as BMW and fellow German automakers participate in the Shanghai auto show in full force as they fight to stay on top of consumer trends in a country where domestic rivals have been aggressively taking market share.
Ukraine prepares to reopen food and grain transit through Poland as first step to ending import bans
Ukraine is holding additional talks this week in Romania on Wednesday, and in Slovakia on Thursday, Solsky added. Poland’s embargo, in effect since Saturday evening, also applied to transit through the country to keep grain transport from entering the Polish market.
How departed British fashion harbinger Mary Quant created a brand that rules the world
They soon met Archie McNair, a lawyer who had become a portrait photographer and who ran a coffee bar under his studio in Chelsea. The three decided to open a business together. Each man put up 5,000 pounds, and they bought a building at 138a King’s Road. Ms Quant, who was working for a milliner, quit her job.
‘Mother of the miniskirt’ and queen of Swinging Sixties fashion Mary Quant, 93, breathes her last
A decade later, Mary Quant was a global brand, with licenses all over the world – she was named an officer of the Order of the British Empire in 1966 for her contribution to British exports – and sales that would soon reach $20 million.
