Five people have been charged with kickback scheme related to billing that costs the government and insurance companies to the tune of $580 million. Doctors and others benefited from this scam by referring patients to two Southern California hospitals.
Legal & Regulatory
TransCanada sued US government to reverse Keystone XL pipelines rejection
TransCanada Corp sues US government to reverse President Barack Obama’s decision to reject its Keystone XL pipeline. Canadian firm also seeks $15 billion in damages from the North American Free Trade Agreement.
FTC Charges Makers of Lumosity App $2M for Deceiving Users
Lumos Labs has been charged a fine of $2 million by the FTC for their misleading claims on the benefits of using their app, Lumosity. The company claimed that the app could decrease or slow down serious mental conditions by frequently using the app.
FDA Seizes 90,000 Bottles of Supplement Diet Containing Heroin Like Kratom
FDA has been reported to seize 90,000 bottles of RelaKzpro branded diet supplement on Wednesday. The seizure has been conducted under Federal Food, Drink & Beverage Act following a suit filed by the US Department of Justice on behalf of FDA in the District Court. The suit accuses kratom containing diet supplements as adulterated due to unreasonable health hazards.
14 US states will increase minimum wage in 2016
The majority of states in the United States including major cities will implement new minimum wage rate starting this year as workers continue to strike and demanding a better payment. Workers have been under pressure lately as the cost of living continues to increase yet their minimum wage remains the same.
Latest News
The Federal Aviation Administration's drone registration task force will develop a simple and free national drone registration system. A government task force will create a three-step registration process, according to a report by ARS Technica.
A bill that prohibits people with unpaid IRS loans from travelling is expected to become law very soon. The Federal government has been going after travelling people who are reporting their taxes incorrectly for a very long time, but now, they plan to apprehend those with unpaid IRS loans.
The American Medical Association (AMA) is pushing for new regulations that require some warning signs about the potential hazard of marijuana use during pregnancy and breastfeeding to be written on legal marijuana products. The regulation was set based on studies that suggest marijuana use may be linked with low birth weight, premature birth and behaviour problems in young children.
Peter Capaldi and Jenna Coleman propose a crossover with the hit fantasy series, "Game of Thrones." The "Doctor Who" stars shared this interest at the "Doctor Who" Festival in UK. Meanwile, Natalie Dormer reveals that she is up for the role of the first female Doctor if the script is right.
Governor Andrew M. Cuomo announced Tuesday that he would increase minimum wage to $15 for all state workers in New York. According to The New York Times this minimum wage hike makes the New York the first state to put the pay this high for the public employees.
Maggi Noodles - the instant Chinese fare created by Nestle and loved the world over especially in India, Singapore and Malaysia and other parts of the globe was beset by a scandalous allegation that their Maggi Noodles in India contained MSG with lead levels going beyond permitted limits.
Japan Electronics company Toshiba Inc has sued five former executives including three former Chief Executive Officers for huge losses on the biggest accounting scandal in Japanese corporates.
The Justice Department launched an investigation on drug makers Merck & Co, Valeant Pharmaceuticals International, and Eli Lilly & Co for alleged over pricing. The Wall Street Journal reported that the US Attorney's office in Eastern District of Pennsylvania, along with the Justice Department's civil division set a probe on Merck, Eli Lilly, and Valeant on how these drug makers calculate and report their product pricing to the government medical rebate program.
High school graduates in Pueblo County, Colorado will get college scholarship from increased tax on marijuana growers by 2017. A CNN report shows that 60 percent of Voters in the county approved Tuesday a measure that will increase taxes on marijuana growers by 5 percent in the year 2020.
