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Jul 9, 2012
07/12
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jess he an article, but it was about the glaxo smithkline fine. he didn't get to write on this today. ap makes you do lots of different stuff. would anybody like to start out? we talk about this rapidly developing story? >> we established that on the junior member, i only covered the court for four years. i'm sure the more senior colleagues have better sources than me and would love to hear your thoughts. let me second that motion. >> whoever is the source for that historian and i don't know who it is was unhappy with the out come, right? it's very rare for there to be links about what happened inside the supreme court, particularly shortly after a big decision. there were a lot of people on the right who were very shocked and surprise and angry at what happened. they were quite upset with john roberts. they wrote a book about it and had good sources with the conservative members of the supreme court. we know we are not talking about john roberts. pick from there. >> the phrase that she used was that her sources had specific knowledge of the delib
jess he an article, but it was about the glaxo smithkline fine. he didn't get to write on this today. ap makes you do lots of different stuff. would anybody like to start out? we talk about this rapidly developing story? >> we established that on the junior member, i only covered the court for four years. i'm sure the more senior colleagues have better sources than me and would love to hear your thoughts. let me second that motion. >> whoever is the source for that historian and i...
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Jul 3, 2012
07/12
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. >>> now, to that multibillion-dollar fine for one of the world's biggest drug companies. prosecutors say glaxo smithkline put profits ahead of safety when it came to ten popular drugs. a company video shows it was all about the money. >> reporter: no. these aren't entertainers. ♪ y'all ready for this >> reporter: they're senior executives with glaxo smithkline, at a pep rally for their sales team. the goal to rev up sales is what prosecutors say was a culture of greed, where patients' safety took a backseat to profits. >> you do the math. there are people in this room who are going to make an ungodly sum of money. >> reporter: the company apparently spared no expense to entice stock. >> gsk sales force brought decisions to describe gsk products. >> reporter: bribes to include trips to hawaii. tickets to madonna concerts. the government maintains that gsk there was no medical evidence they would help. allegations for promoting paxil for depression in patients under 18. even though the fda has never approved it for kids. this was done despite the fact the company had evidence the drug could spark suicidal
. >>> now, to that multibillion-dollar fine for one of the world's biggest drug companies. prosecutors say glaxo smithkline put profits ahead of safety when it came to ten popular drugs. a company video shows it was all about the money. >> reporter: no. these aren't entertainers. ♪ y'all ready for this >> reporter: they're senior executives with glaxo smithkline, at a pep rally for their sales team. the goal to rev up sales is what prosecutors say was a culture of greed,...
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Jul 3, 2012
07/12
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. >>> a record fine for health care fraud involving one of the largest pharmaceutical companies. glaxo smithkline has been penalized for using paxil to patients under 18 when it was approved for adults only. it also pushed wellbutrin for weight loss. the company did not warn people about the heart risk with avandia. >>> facebook is welcoming a group of high school students at the facebook academy. not only did they call it a neighbor. but now, they get to call it a fun place to work and learn. they will get to eat in the facebook cafeteria. >>> attorneys are filing massive lawsuits against people who download and share private films without paying. the problem is, innocent people are getting swept up in the dragnet. >> it usually starts with a letter from your internet provider saying the account with your name has been flagged for sharing copyrighted material. the file-sharing is cutting deeply into profits. for some receiving these letters, not only is it shocking and scary, but untrue. they are films most people would never admit to watching, let alone shopping. but the internet has porn in mi
. >>> a record fine for health care fraud involving one of the largest pharmaceutical companies. glaxo smithkline has been penalized for using paxil to patients under 18 when it was approved for adults only. it also pushed wellbutrin for weight loss. the company did not warn people about the heart risk with avandia. >>> facebook is welcoming a group of high school students at the facebook academy. not only did they call it a neighbor. but now, they get to call it a fun place...
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Jul 3, 2012
07/12
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fine aped summer slump. why the soap is bad for bosses. lauren simonetti with fox business network is live in new york with this morning's business beat. >> good morning. >> glaxo smithkline, maybe some people have heard of them. they make well known prescription drugs. but now they are facing serious charges for ill landlordly promoting them. >> yeah, this is a warning to many american was use and trust some of the key blockbuster and popular drugs that they use that the information they are getting isn't always legit. the government looked into this case for seven years and now glaxo smithkline forking over $3 million in criminal and civil penalties. what happened was there are three drugs parley under fire. one is paxil. it was branded for kids but the fda never approved it for children under 18 years old. and then you have wellbutrin. glaxos can was suggesting it could be used to treat weight loss. never approved if that. then you have avandia. key studies and the data never went to the fda. you have the $3 billion fine now. >>> let's switch gears a little bit and stalking about something maybe perhaps a little bit on the lighter side. summer great for us but apparent
fine aped summer slump. why the soap is bad for bosses. lauren simonetti with fox business network is live in new york with this morning's business beat. >> good morning. >> glaxo smithkline, maybe some people have heard of them. they make well known prescription drugs. but now they are facing serious charges for ill landlordly promoting them. >> yeah, this is a warning to many american was use and trust some of the key blockbuster and popular drugs that they use that the...