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A study from the Centers for Disease Control and Prevention, and the US Department of Health and Human Services' Office of Population Affairs unveiled that use of long-term contraceptive methods has increased among teenagers in the last decade.

Use of the contraceptive methods has increased, but not of the most effective contraceptive known as long-acting reversible contraception (LARC). Its use is still low nationwide.

The American Academy of Pediatricians and American College of Obstetricians and Gynecologists have been suggesting for a long time now for the use of LARC among teenagers. It is considered that the reason behind the non-usage of these methods is that most teens are not aware of these contraceptive measures.

Flooding is not a new problem in Union Beach. Whenever there is a full moon and a high tide, water from the Raritan Bay and the nearby marshlands enters into the parts of the town.

Over the past two decades, officials from state and the federal have carried out studies and have assured to take steps to address the problems. Plans have always been made, but required funding has never been available.

After the incident of Sandy happened in which hundreds of homes were destroyed, calls for action from homeowners became even stronger. In the radio show last month, Gov. Chris Christie assured people that both his administration and the Army Corps of Engineers were trying to find out the possible solutions.

Researchers from the Massachusetts Institute of Technology have built a new ultrasensitive magnetic-field detector which is about thousand times stronger than the detector's previous version.

According to reports, the detector could be used to power imaging equipment, medical devices of small size and even in geological exploration. Magnetometers are also used in such application, but some equipment relies on gas chambers, while some could work in narrow frequency bands, according to Live Science.

Ant Financial, Alibaba's finance arm, is planning to launch its online bank service branded as MYBank in June this year. The launch news was disclosed by Yuan Leiming, Ant Financial's general manager in an interview in Beijing on Thursday.

Ant Financial will own around 30% stakes in MYBank. Other shareholders will be Shanghai Fosun Industrial Technology Development Co. Ltd, a subsidiary of Fosun International Ltd, with a 25% stake. A subsidiary of Wanxiang Group will hold 18% and Ningbo Jinrun Asset Management will own 16%.

MYBank's launch will help Alibaba Group Holdings to build a full-fledged internet finance platform. Ant said that it will offer services like banking, loans and credit, insurance, payment systems and investment to new tiers of Chinese society.

Generic drug maker Mylan has made an offer of nearly $29bn to acquire Irish over-the-counter (OTC) firm Perrigo. The amount has been offered in cash and stock deal.

As a part of the deal, Perrigo shareholders will receive $205 in a combination of cash and Mylan stock for each Perrigo share. Perrigo has confirmed that it has received the proposal from Mylan with regard to the possible offer.

Mylan executive chairman Robert Coury said, "This proposal is the culmination of a number of prior discussions between Mylan and Perrigo about the compelling strategic and financial logic of this combination".

Courier delivery services company FedEx has revealed its plans to acquire Hoofddorp headquartered European courier delivery major TNT Express for about $4.8 billion. According to reports, the new deal will allow Memphis-headquartered FedEx to stand strongly against rivals United Parcel Service (UPS) and Deutsche Post in Europe.

The reports stated that if FedEx succeeds in winning regulatory approval for its all-cash bid, the courier service company will be moved to second spot among package delivery services in Europe with about 17% market share. Logistics company UPS in Europe has about 16% market share, while Deutsche Post's DHL is at the top with about 19% market share.