BC-Business News Digest
â¿¿ VERTEX PHARMA-BLACK BOX WARNING â¿¿ The Food and Drug Administration is attaching a black box warning to the Vertex Pharmaceuticals hepatitis C treatment Incivek over a potentially fatal rash.
â¿¿ GERMANY-PORSCHE â¿¿ German prosecutors have charged two former Porsche executives with market manipulation in connection with the sports car company's failed takeover of Volkswagen.
TECHNOLOGY & MEDIAMARTHA STEWART LIVING-CEO NEW YORK â¿¿ The CEO of media company Martha Stewart Living Omnimedia, Lisa Gersh, is stepping down after less than a year at the job. BRITAIN-BBC LONDON â¿¿ Institutional chaos and confusion â¿¿ but not a cover-up â¿¿ were to blame for the BBC's disastrous handling of pedophilia allegations involving one of its best-known children's television personalities, an internal review found Wednesday. The review absolved BBC executives of trying to bury a potentially embarrassing story, saying that weak management and poor leadership were to blame for the fact that a planned expose about the late TV star, Jimmy Savile, never aired. By Raphael Satter. AP photos KODAK-PATENT SALE ROCHESTER, N.Y. â¿¿ Eastman Kodak will receive about $525 million from the sale of its digital imaging patents, money the struggling photo pioneer says will help it emerge from bankruptcy protection in the first half of next year. DIGITAL LIFE-TECH TEST-THE POCKET AUDIOPHILE ATLANTA â¿¿ It's hard to make headlines with a portable music player these days. It's old hat by now to carry around thousands of songs in your hip pocket, whether on an iPod or a smartphone. But there's been a price for portability. You are listening to your favorite music delivered only after a host of technology has diminished the resolution of the audio. It sounds fine, but the makers of a new portable music player are betting there are still some people out there who want even better quality â¿¿ and are willing to pay. By Ron Harris.
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