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Ford bets $1bn on autonomous car start-up

TopNews Arab Emirates - Sat, 02/11/2017 - 17:56

Ford bets $1bn on autonomous car start-up

In a bid to win the high-stakes talent war in the budding self-driving car industry, auto giant Ford has decided to bet $1 billion through a majority investment in a start-up company called Argo AI.

Announcing the deal, the American auto giant said that a group of company employees along with its virtual driver system (autonomous vehicles) will join forces with the talent and expertise of Argo AI's founders and their strong experience in robotics.

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Marathon Pharma to sell decades-old drug to treat DMD for $89,000

US News - Sat, 02/11/2017 - 17:24
Marathon Pharma to sell decades-old drug to treat DMD for $89,000

Marathon Pharmaceuticals will reportedly market decades-old drug deflazacort under the brand name Emflaza with a top price tag of roughly $89,000 for a year's worth of treatment, nearly 70 times higher than the drug's price overseas.

The drug in question is a common steroid that can be used to treat a rare disorder called Duchenne muscular dystrophy (DMD), which damages the patient's muscles and leaves many of patients dead by their late-20s.

According to the Wall Street Journal (WSJ), patients can shave the steroid for less than $1 through online pharmacies, while Marathon will market the drug for roughly $89,000 for a year's worth of treatment.

It is quite surprising how a company can get away with such a shocking list price for the drug in the U. S. It is because the drug was never approved in the country despite its widespread availability to treat other conditions, such as arthritis, in many other countries.

Since Marathon recently won the FDA's approval to treat a condition that afflicts fewer than 200,000 people in the U. S., and there has been a dearth of treatment options, the Illinois-based pharmaceuticals giant has carte blanche over the drug's pricing.

General: Health
Categories: US News

Angola: 17 killed in football stadium stampede in Uige

Legal News - Sat, 02/11/2017 - 16:08
 17 killed in football stadium stampede in Uige

Uige [Angola], Feb. 11 : At least 17 people have been killed in a stampede at a football stadium in the city of Uige, Angola.

As per the officials, the stampede occurred yesterday when some supporters stormed the gates after failing to get the entry.

Some of those who fell became trapped and suffocated at the venue on Friday, a medical official said.

Hundreds more have been reported to have been injured in the incident. Witnesses said, the crowd trying to gain access would have taken the stadium past its 8,000 capacity.

As per local media report, Angola's President Jose Eduardo dos Santos has ordered an investigation into the incident. (ANI)

General: FeaturedRegion: Angola
Categories: Legal News

UP election: Red roses for women casting vote in Baraut

Legal News - Sat, 02/11/2017 - 15:48
 Red roses for women casting vote in Baraut

Baraut (Uttar Pradesh) [India], Feb. 11 : In an unique attempt to appreciate women coming out to cast their vote, the Election Commission of India ( ECI) has asked its officials deployed at polling booths here to give a red rose to all the female voters.

"This is for the first time that we have got a rose," said one of the women voters.

As the first phase of Uttar Pradesh elections begins, it will see 1,17,65,768 women voters casting their vote across the state.

The election process will be held in 73 assembly constituencies spread across 15 districts of the state.

The most populous state of the country will today vote for 839 candidates at 26,823 polling stations.

Elaborate security arrangements have been made for smooth polling, especially in sensitive areas of Shamli, Aligarh, Muzaffarnagar, Mathura, Bulandshahr and Agra.

The electoral battle in the state has grabbed all eyeballs, be it the electoral merger between the Congress and the Samajwadi Party or the infighting within the first family of this politically crucial state. (ANI)

General: FeaturedRegion: Uttar PradeshIndia
Categories: Legal News

UP election is an election of nationalism, not nepotism: BJP

Legal News - Sat, 02/11/2017 - 15:45
 BJP

Govardhan (Uttar Pradesh) [India], Feb. 11 : As voting begins in the crucial and politically-bound Uttar Pradesh, the Bharatiya Janata Party (BJP) on Saturday categorically stated that it is an election of nationalism and not nepotism.

"It is not an election of nepotism, but nationalism," BJP spokesperson Shrikant Sharma told ANI while casting his vote here.

Asserting that both the past governments, Bahujan Samaj Party ( BSP) and Samajwadi Party ( SP) failed to provide good governance, Sharma said that people of the state now want change and development.

"Election is like a festival in a democracy. This is the election of change. This is not the BJP, but the election of the people of UP. People need change. They want good governance, development. People want freedom from Mafias. Crime, corruption should be eradicated. Mayawati and Akhilesh government failed in setting these things right. The basic needs of people have not been fulfilled here," he said.

Sharma also showed confidence in voters, saying that people will give a befitting reply to those who have resorted to votebank politics.

"Parties here have always resorted to votebank politics. People of UP are going to give them a befitting reply this time," he said.

Voting began in the first phase of Uttar Pradesh assembly elections on Saturday morning.

The election process will be held in 73 assembly constituencies spread across 15 districts of the state.

The most populous state of the country will today vote for 839 candidates at 26,823 polling stations. (ANI)

General: FeaturedRegion: Uttar PradeshIndia
Categories: Legal News

Polling delayed in Mathura, Baghpat due to non-operational EVMs

Legal News - Sat, 02/11/2017 - 15:42
Polling delayed in Mathura, Baghpat due to non-operational EVMs

Mathura/ Baghpat (Uttar Pradesh) [India], Feb. 11 : Polling was delayed in booth number 42 in Mathura's Govardhan as well as in booth number 119 and 120 in Baghpat on Saturday as Electronic Voting Machines (EVMs) were found non-operational.

Voting has begun for the first phase of Uttar Pradesh assembly elections on Saturday morning.

The election process will be held in 73 assembly constituencies spread across 15 districts of the state. The most populous state of the country will today vote for 839 candidates at 26,823 polling stations.

Elaborate security arrangements have been made for smooth polling, especially in sensitive areas of Shamli, Aligarh, Muzaffarnagar, Mathura, Bulandshahr and Agra.

The electoral battle in the state has grabbed all eyeballs, be it the electoral merger between the Congress and the Samajwadi Party or the infighting within the first family of this politically crucial state.

Voting in Uttar Pradesh will be done in seven phases - February 11, 15, 19, 23, 27, March 4 and 8. The counting of votes will take place on March 11. (ANI)

General: FeaturedRegion: MathuraUttar PradeshIndia
Categories: Legal News




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