Daughters of Charity Health System completes its transaction with BlueMountain Capital Management LLC

The transaction between Daughters of Charity Health System and BlueMountain Capital Management LLC has finally completed, turning over Seton Coastside Medical Center control to the New York-based hedge fund.

The announcement made on Monday has come nearly a couple of years after Daughters of Charity gave an indication that it was planning to sell its six California hospitals, which raised concerns in patients, employees and Coastsiders regarding the Moss Beach facility’ fate.

The closing has indicated that BlueMountain is going to follow the mandates California Attorney General Kamala Harris has established, who gave conditional sanction to the agreement on December 3.

Study Suggests New Way to Cure Fear of Spiders in Just Two Minutes

Researchers, through a recent study, suggest a new way that could help people with fear of spiders. The study researchers claim that this method can help to overcome the fear of spiders in just two minutes.

University of Amsterdam scientists, who presented their finding in Biological Psychiatry, said they developed the experiment from the idea of reconsolidation, which means that memories can be strengthened or weakened when activated, reports Treehugger.

Some previously conducted studies have shown that a fearful memory could be successfully forgotten if a drug is administered at the time when that particular memory gets activated, according to a release.

Father of Britain’s First Official Astronaut is More Worried about his Son Driving M27 than his Visit to ISS

Father of Tim Peak, Britain’s first official astronaut to visit the International Space Station (ISS), said he is more worried about the fact that his son will be driving the M27, than his mission to ISS.

The 43-year-old Tim’s journey to the ISS will start when the 162-ft long Russian rocket will blast off from Baikonur Cosmodrome on Tuesday. Tim will also be the first 100% British professional astronaut to leave earth for mission aboard space station.

Nigel, Tim’s father, said he is proud of his son. He shared his views after watching the Russian Soyuz FG rocket that will carry his son into space being lifted onto its launchpad.

Australian Court orders Reckitt Benckiser to Pull Its Nurofen Pain Relief Products from Market

According to a recent ruling by an Australian Federal Court, Reckitt Benckiser has misled consumers by marketing identical products for different types of pain. The court has even asked the British form to remove its Nurofen pain relief products from the market.

The court said in a statement that the Nurofen Back pain, Migraine Pain and Tension Headache products were found to be identical, and Reckitt Benckiser was involved in cheating its customers.

A pharmacist at Priceline Pharmacy's Sydney city store told Reuters, “We have known for years that they are all the same. We have been advising our customers to go for the standard painkiller which is cheaper”.

Founder of Third Point Calls for Removal of Dow Chemical’s CEO

Founder of hedge fund Third Point, Dan Loeb, recently called for removal of Dow Chemical Co. Chief Executive Officer Andrew Liveris. The news came few days after Third Point agreed on a merger with DuPont Co.

Loeb supports the deal, but he has raised a question in the letter sent to Dow’s board on Saturday about the timing of the deal, the Wall Street Journal reported.

Loeb raised a questioned on the timing of the deal which was just two days before the expiration of a standstill agreement between Dow and the hedge fund, said person who doesn’t want to be identified because the letter hasn’t been published. Loeb showed his concern saying that the merger might have rushed beat the expiry of the accord.

Mob Wives’ Star’s Cancer Returns

The famous American reality television series Big Ang star Angela ‘Big Ang’ Raiola’s cancer has returned. It was only a couple of months ago that Big Ang was declared cancer free.

Big Ang, 55, has to unfortunately deal with the brutal disease again. Her fans hope that she earlier fought the disease bravely and this time also she will pull through it successfully.

The doctors treating Big Ang were the first to find that her cancer has returned. Doctors found the reoccurrence of Big Ang’s cancer when she came for a routine checkup in the second week of December. Doctors immediately decided to break the news to Ang and her family, said TMZ.

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