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drug maker glaxo smith klein made the history books but not for a good reason. it agreed to pay big bucks to settle criminal and civil claims over some of it medications. we will explain why. >>> also ahead, a customer in england loses his cool in a cell phone store and it was caught on camera. what he got so upset about coming up. >> like me in the sprint store. here's what's going on this morning. if you need maryland's most powerful doppler radar get us on the app. look to local views by texting 46988 and a lot more good morning maryland coming your way after this. ahhh, now that's a clean mouth. i just wish it wouldn't fade away so fast. let me show you something. [ dr. rahmany ] as soon as you leave here... plaque quickly starts to grow back. but now there's a way to keep the clean longer. introducing new crest pro-health clinical rinse. it's a clinical breakthrough that actually keeps your teeth 91% clean of plaque at 2 months after a dental visit. plus, it gives you these key benefits. new crest pro-health clinical rinse. crest. life opens up when you do.
drug maker glaxo smith klein made the history books but not for a good reason. it agreed to pay big bucks to settle criminal and civil claims over some of it medications. we will explain why. >>> also ahead, a customer in england loses his cool in a cell phone store and it was caught on camera. what he got so upset about coming up. >> like me in the sprint store. here's what's going on this morning. if you need maryland's most powerful doppler radar get us on the app. look to...
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there is glaxo smith klein paying $3 billion for illegally marketing its drugs. justice department says that it promoted several drugs, among them, paxil, to treat children, though the fda never approved the drug for anyone under 18 years of age. >> in marketing these drugs that are incorporated into civil settlement, they prescribed products using every form of high-priced entertainment from hawaiian vacations to paying doctors millions of dollars to go on speaking tours to a european phesesant hunt to madonna concerts. >> the commerce department reports consumer spending was unchanged in may. americans cut spending on cars and other goods. wages remain unchanged and income up a bit because investment income rose. and there are economists say this is disappointing. a study finds we care more about what -- where we shop than the items we buy there. and this shows 62% of us searched for store-center deals and only 14% searched for brand name products. discounts online nearly half of all u.s. consumers will use online coupons and codes during 2012. and this will be
there is glaxo smith klein paying $3 billion for illegally marketing its drugs. justice department says that it promoted several drugs, among them, paxil, to treat children, though the fda never approved the drug for anyone under 18 years of age. >> in marketing these drugs that are incorporated into civil settlement, they prescribed products using every form of high-priced entertainment from hawaiian vacations to paying doctors millions of dollars to go on speaking tours to a european...
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. >>> glaxo smith klein will pay $3 billion in foins for misrepresenting how drugs can be used. it's the largest health care fraud settlement in the united states history. the justice department says they promoted several drugs for uses the fda infer approved. an example gsk market paxil as treatment for depression in children but the fda says children under 18 shouldn't take it. prosecutors say they mismarketed other drugs. >> one of the things that struck me one of the drugs they were cited for is actually dangerous and there's a warning on the label and the company knew about it years before they told the food and drug administration. >> the $3 billion penalty will divide up. 2 billion will settle civil suits with massachusetts and colorado. >>> health news this morning. another reason to grab that morning cup of joe a study shows caffeine lowers the person's chance of developing some forms of cancer including basal cell carcinoma and it's not just coffee, tea cola and chocolate may help reduce the risk. doctors say that you should not use this as an excuse to drink too much
. >>> glaxo smith klein will pay $3 billion in foins for misrepresenting how drugs can be used. it's the largest health care fraud settlement in the united states history. the justice department says they promoted several drugs for uses the fda infer approved. an example gsk market paxil as treatment for depression in children but the fda says children under 18 shouldn't take it. prosecutors say they mismarketed other drugs. >> one of the things that struck me one of the drugs...
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topping america's money, a record settlement in health care fraud case glaxo smith klein will pay 3 billion pushing best selling antidepressants for unapproved uses and also failing to report safety problems with diabetes drug. a troubling sign for u.s. factories, manufacturing dropped last month to the lowest level in three years as businesses and consumers turned more cautious in a sign of things to come and new orders were down. dole is recalling thousands of bags of lettuce after the fda found listeria in a random check. the hearts of romaine bag have a use by date of june 26th and they were sold in 9 states in the east and southeast. and a sign of the times from facebook, the social network has rolled out same sex icons symbols for gay marriage letting two bride or two grooms celebrate their new status. that's america's money. i am rob nelson. >>> now "good morning maryland." >> thanks for joining on this tuesday morning. mike mass hello, filling in nor -- masco filling in for lynette charles. >> lawyersen in ocean city -- lauren is in ocean city and i am doing traffic so be kind i am
topping america's money, a record settlement in health care fraud case glaxo smith klein will pay 3 billion pushing best selling antidepressants for unapproved uses and also failing to report safety problems with diabetes drug. a troubling sign for u.s. factories, manufacturing dropped last month to the lowest level in three years as businesses and consumers turned more cautious in a sign of things to come and new orders were down. dole is recalling thousands of bags of lettuce after the fda...
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judge in boston signed off on the largest health care fraud settlement and it is a whopper, glaxo smith kleinwill pay $3 billion for violations involving 10 drugs, including paxil. the company pleaded guilty to promoting two for unapproved uses. and to not reporting safety issue was the diabetes drug avandia. >> discounts to consumers to ditch their mobile phones but why mobile devices might play a bigger role in the future. emily? >> hello image begin a world where a harvard education is available only on a mobile device and products like remote controls and book shelves have been replaced by software. that may not be such a distant reality. in this book, he explains how the world's mobile devices will make this a reality. listen to why he says this will change live as we know it. >> there is something as a key that opens a door, it's clear your smart phone is going to become a key. if i can open my apartment with software, i can flick the key to 25 people and only opens it when i'm not there or that only opens the apartment from 9:00 to 5:00 when i am there. >> and remember when general mot
judge in boston signed off on the largest health care fraud settlement and it is a whopper, glaxo smith kleinwill pay $3 billion for violations involving 10 drugs, including paxil. the company pleaded guilty to promoting two for unapproved uses. and to not reporting safety issue was the diabetes drug avandia. >> discounts to consumers to ditch their mobile phones but why mobile devices might play a bigger role in the future. emily? >> hello image begin a world where a harvard...
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glaxo smith klein will pay $3 billion and plead guilty to promoting two popular drugs.report important safety data about the diabetes drug to the fda. prosecutor says the company encouraged use of paxil for children though it was not approved for anyone under 18. and and the. >>> a new york city judge ordered twitter to hand off and over almost three months worth of tweets. prosecutors say the messages could show whether malcolm harris was aware and he others were violating police orders not to march onto the brooklyn brimpblg. twitter went to court to fight the subpoena this year. the face kais has become a battle ground over how much access law enforcement has to materials posted on social networks then, there is this. google and yahoo facing two lawsuits kusing them of invading privacy of people who don't even use their services. the suits filed on behalf of everyone in california not a g mail or yahoo subscriber but has sent e mails to people whoer. they claim the web site intercepted the e mails part of their advertising programs. yahoo has not commented and google
glaxo smith klein will pay $3 billion and plead guilty to promoting two popular drugs.report important safety data about the diabetes drug to the fda. prosecutor says the company encouraged use of paxil for children though it was not approved for anyone under 18. and and the. >>> a new york city judge ordered twitter to hand off and over almost three months worth of tweets. prosecutors say the messages could show whether malcolm harris was aware and he others were violating police...
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glaxo smith klein has agreed to plead guilty to misdemeanor criminal charges and pay a $3 billion settlementderal prosecutors say the british drug maker illegally promoted anti-depressants pushing paxil for patients under 18 when it was approved for adults only. marketing wellbutrin for uses other than depression. the company is also accused of failing to report safety data on its diabetes drug avandia and of treating taxpayers by underpaying medicaid for nearly a decade. the company's ceo says the u.s. unit has, quote, fundamentally changed our procedures for compliance, marketing and selling and removed employees who have engaged in misconduct. lawmakers in iran say they are working on a bill that would should down a key oil shipping route. the bill would specifically target oil tankers bound for countries that support punishment over iran's nuclear program. preventing them from passing through the strait of hormuz. experts say closing that passageway would effect delivery of one fifth of the world's oil supply. and almost certainly drive up the price we pay for energy. jonathan hunt is th
glaxo smith klein has agreed to plead guilty to misdemeanor criminal charges and pay a $3 billion settlementderal prosecutors say the british drug maker illegally promoted anti-depressants pushing paxil for patients under 18 when it was approved for adults only. marketing wellbutrin for uses other than depression. the company is also accused of failing to report safety data on its diabetes drug avandia and of treating taxpayers by underpaying medicaid for nearly a decade. the company's ceo says...
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glaxo smith klein paying a huge settlement after admitting getting doctors to prescribe drugs by bribingons and madonna concert tickets. it includes paxil that they marketed to patients under 18 despite never being marketed to kids. wellbutrin for use in treating sexual dysfunction, use it was never approved for and the company failed to disclose that a diabetes drug could cause health problems. a former u.s. coast guard cutter that played a key role in the invasion of normandy sunk on purpose. take a look, the u.s.s. mohawk quickly takes on water. it took just three minutes total for the ship to sink off the coast of florida. it will become an artificial reef for scuba divers. here's another look at the ship from a distance during world war ii, it was the last one to radio back to say the weather was clearing for the d-day invasion, the reef is the first off-shore veterans me morm. those are your headlines. >> let's officially bring in new jersey governor chris christie. welcome back. >> good to be here. >> i have to say that i think jack wells tweeted out something that rupert murdoch
glaxo smith klein paying a huge settlement after admitting getting doctors to prescribe drugs by bribingons and madonna concert tickets. it includes paxil that they marketed to patients under 18 despite never being marketed to kids. wellbutrin for use in treating sexual dysfunction, use it was never approved for and the company failed to disclose that a diabetes drug could cause health problems. a former u.s. coast guard cutter that played a key role in the invasion of normandy sunk on purpose....
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Jul 2, 2012
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smith klein. at least that's what the stock is suggesting. they were battling on a number of fronts. under this agreement, glaxo paying a criminal penalty and failing to report clinical data on the diabetes drug avandia and $2 billion in civil penalties for sales and marketing practices and false claims under the medicaid reimbursement program and agrees to sweeping reforms including changing how its sales force is compensated. here's deputy u.s. attorney general james cole. >> today's multibillion dollar settle is unprecedented in scope and size. it underscores the administration's commitment. >> for its part, glaxo said it learned from the mistakes. the company says and taken actions in all levels of the company and announced setting aside the $3 billion to cover the expected settlement and see how the stock has bounced back since then. we have reported prescription drugs are a particularly difficult area in the fight against health care fraud and learn more about what the feds are trying to do "health care hustle" tomorrow afternoon 2:30 and then 7:00 eastern because everyone's going to be up at 7:00 a.m. on
smith klein. at least that's what the stock is suggesting. they were battling on a number of fronts. under this agreement, glaxo paying a criminal penalty and failing to report clinical data on the diabetes drug avandia and $2 billion in civil penalties for sales and marketing practices and false claims under the medicaid reimbursement program and agrees to sweeping reforms including changing how its sales force is compensated. here's deputy u.s. attorney general james cole. >> today's...