Phillip Bradshaw

Mylan: Oh, Actually, We Make $80 Profit On Each EpiPen Before Taxes

Last week, when the CEO of drugmaker Mylan was testifying before Congress, Rep. Jason Chafee of Utah spoke for the American people when he wondered whether the company actually earns only $52 profit per pen when the retail list price is $608 each. The company has now clarified its answer: that $104 per two-pack figure is Mylan’s profit after taxes. Before taxes, the profit is $88 per pen, or $166 per two-pack. [More]

CBS 5

Why Did A Stranger Send Me A Fake Rolex Watch?

It’s not every day that you get a package out of the blue from someone you’ve never met, containing an expensive (looking) watch. So when that exact situation happened to a California woman recently, she had a sneaking suspicion that something was fishy — and she was right. [More]

Report: Disney Working On Bid For Twitter

Report: Disney Working On Bid For Twitter

The Walt Disney Co., the well-known operator of theme parks, movie production studios, and cable television networks could soon be a huge player in social media — at least according to reports claiming that Big Mouse is working on a bid for Twitter.  [More]

Verizon Employee Illegally Sold Customer Information For As Little As $50/Month

Mike Mozart

A Verizon Wireless employee has pleaded guilty to violating federal law by selling customer phone records and location data to a private investigator, starting at a measly $50 a month. [More]

me and the sysop

Domino’s Customer Gets Year Of Free Pizza For Returning $5K She Found In Wings Box

No good deed goes unrewarded, or so they say, and if you’re lucky, that reward might just come in the form of free pizza. For a year. [More]

Kārlis Dambrāns

Overheating Samsung Tablet Blamed For Delta Flight Diversion

A Delta Air Lines flight was diverted over the weekend when a Samsung device overheated after being jammed between seats. But the device wasn’t the recently recalled Samsung Note 7 smartphone, it was an unspecified tablet from the device maker.  [More]

Cost Of Prescription Skin Gel Goes From $226 To $9,561 In Under Two Years

Cost Of Prescription Skin Gel Goes From $226 To $9,561 In Under Two Years

Stop us if you’ve heard this one before: there’s a drug out there that does a very specific thing, and has no generic alternative. For years, it sold for a predictable three-figure price point. Then one day, if gets acquired by a new company and in just a few months, the price increases by more than 4000%. It is, unfortunately, such a common tale of late that we all know the general outline by heart. And now it seems to be happening again.

[More]

Uber Now Selling Physical Gift Cards In Stores

Uber Now Selling Physical Gift Cards In Stores

Following in the footsteps (or the wheel tracks, as it were) of Lyft, Uber will now also sell physical gift cards in stores. [More]

Nicholas Eckhart

Lands’ End CEO Steps Down, Won’t Have To Go To Lands’ End Anymore

When what your customers want are corduroys, sweaters, and the occasional work-appropriate dress, maybe trying to expand and attract more fashion-conscious customers was never going to work. Less than two years ago, Lands’ End, the retailer of preppy clothing and canvas tote bags that is not L.L. Bean, hired Federica Marchionni, the president of Dolce & Gabbana USA, to be its CEO with the goal of creating a “global lifestyle brand.” [More]

Mike Mozart

Former Wells Fargo Employees Sue Bank For $2.6B, Claiming Wrongful Termination

Days after lawmakers urged the Department of Labor to investigate Wells Fargo’s actions against employees after workers of the banking giant claimed they were fired and otherwise mistreated if they failed to meet strict sales quotas that ultimately resulted in the opening and closing of two million unauthorized consumer accounts, some former employees have come together to file a class action lawsuit against the company.  [More]

(Kim Moynes)

Veal, Bison & Beef Recalled Over E.Coli Contamination After Seven Become Ill

Seven people in four states have become ill after eating red meat found to be contaminated with E. coli, prompting the recall of thousands of pounds of beef, veal, and bison from Adams Farm Slaughterhouse over the weekend. [More]

Tom Raftery

Twitter Sales Rumors Heat Up, But Is A Deal Around The Corner?

In the three days since reports began to surface that Twitter was looking to sell itself — possibly to Google or professional networking site Salesforce — rumors, ranging from a $16 billion list price to a sale happening right this minute, have heated up significantly.  [More]

Mariordo/Wikipedia

Google Self-Driving Car Involved In Another Crash

One of Google’s self-driving vehicles has been involved in another crash while cruising the streets of Mountain View, CA, the company confirmed, after another driver ran a red light and crashed into the Lexus RX 450h. [More]

Eric BEAUME

Travelers Just Want To Know What A Flight Will Cost Upfront

There are all kinds of annoyances involved in flying, whether it’s that jerk in front of you who slammed his seat back into your knees or the fees you pay to check a bag and select your seat. But one of the most infuriating things for passengers these days? Not knowing how much your airfare will cost by the time all is said and done.

[More]

Jeremy P

Could New DirecTV Streaming Service Be A Replacement For Satellite TV?

We’ve known for a while that AT&T plans to launch an online-only version of DirecTV in the coming months, but even though it shares the same brand name as the nation’s biggest satellite-TV provider, it is not being marketed as a replacement for satellite. However, a recent report claims that AT&T’s long-term goal is to eventually migrate the entire DirecTV customer base online. [More]

David H

ISP To FCC: The Internet Is Oreos So Therefore We Should Be Able To Charge More

Internet service providers have come up with all kinds of interesting reasons for why they should be able to cap your internet usage and charge you more money when you want to go above it. The newest example for the gallery is a doozy, though. The literal argument — and no, we are not making this up — is that Double Stuf Oreos cost more than regular ones, and therefore you should pay more for more internet. Yes, really.

[More]

West Elm

West Elm Launching A Hotel Chain Where Guests Can Test Drive Furnishings, Buy Online

Ever looking inside a West Elm catalogue and just wanted to curl up on the masterfully made bed or read a book on stylish chaise? Soon you can, as the home furnishing company plans to launch a chain a boutique hotels instead of more bricks-and-mortar stores.  [More]

frankieleon

That Was Quick: 6 Top CEOs Who Have Been Unceremoniously Kicked To The Curb Since 2013

Upon hearing the news this morning that American Apparel CEO Paula Schneider was resigning from her post, we couldn’t help but feel a twinge of deja vu. After all, she’s far from the first top executive to cause a stir with a sudden departure. [More]