Supreme Court to review lawsuits over flaws in generic drugs

(Reuters) – The Supreme Court on Friday agreed to consider whether generic drug manufacturers can be subjected to personal injury lawsuits that allege flaws in the design of drugs, even if federal law would not allow such cases to go forward.The court agreed to review a bid by Mutual Pharmaceutical Co to overturn a $ 21 million jury award to Karen Bartlett, a New Hampshire woman who had taken its...

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Pelosi will try to force vote to extend tax rates

House Minority Leader Nancy Pelosi (Mark Wilson/Getty Images)WASHINGTON—House Minority Leader Nancy Pelosi will try to force a vote on the House floor to extend current tax rates for the middle class next week if Republicans do not act, the California Democrat announced on Friday.During a press conference on Capitol Hill, Pelosi called on House Republicans, who control the chamber, to hold another...

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Noisy city: Cacophony in Caracas sparks complaints

CARACAS, Venezuela (AP) — This metropolis of 6 million people may be one of the world’s most intense, overwhelming cities, with tremendous levels of crime, traffic and social strife. The sounds of Caracas‘ streets live up to its reputation.Stand on any downtown corner, and the cacophony can be overpowering: Deafening horns blast from oncoming buses, traffic police shrilly blow their whistles and sirens...

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Sony sells over half a million PlayStation 3 consoles over Black Friday week

Both Microsoft (MSFT) and Nintendo (NTDOY) had a big week of console sales during Black Friday’s week of shopping madness in the U.S. So how did Sony (SNE) do in comparison? Sony Computer Entertainment of America president and CEO Jack Tretton announced on Thursday that the company sold 525,000 PlayStation 3 consoles and 160,000 PS Vita handhelds during the Black Friday week. Overall PlayStation sales...

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Lohan arrested in NY, charged also for California car smash

NEW YORK/LOS ANGELES (Reuters) – Actress Lindsay Lohan was arrested outside a New York nightclub on an assault charge early Thursday, police said, while in California, she was charged with reckless driving and lying to police over a car crash in June.Lohan, 26, was arrested shortly after 4:00 a.m. (0900 GMT) on a third-degree misdemeanor assault charge after punching another woman in the face at a...

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FDA approves Exelixis’ cabozantinib for thyroid cancer

WASHINGTON (Reuters) – The U.S. Food and Drug Administration on Thursday approved Exelixis Inc‘s cabozantinib as a treatment for medullary thyroid cancer that has spread to other parts of the body.Cabozantinib, the company’s lead product candidate, is an oral drug designed to limit blood supply to tumors as well as block two segments of a pathway used by cancer cells to grow and spread.The FDA announcement...

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U.N. recognizes state of Palestine

UNITED NATIONS (AP) — The U.N. General Assembly has voted by a more than two-thirds majority to recognize the state of Palestine.The resolution upgrading the Palestinians' status to a nonmember observer state at the United Nations was approved by the 193-member world body late Thursday by a vote of 138-9 with 41 abstentio...

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Rapper PSY wants Tom Cruise to go ‘Gangnam Style’

BANGKOK (AP) — The South Korean rapper behind YouTube’s most-viewed video ever has set what might be a “Mission: Impossible” for himself.Asked which celebrity he would like to see go “Gangnam Style,” the singer PSY told The Associated Press: “Tom Cruise!”Surrounded by screaming fans, he then chuckled at the idea of the American movie star doing his now famous horse-riding dance.PSY’s comments Wednesday...

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Microsoft CEO defends its innovation record, financial results

BELLEVUE, Washington (Reuters) – Microsoft Corp Chief Executive Steve Ballmer defended his company’s record on innovation and financial performance at the annual shareholders’ meeting, but conceded that he should have moved faster to get into the booming tablet market dominated by Apple Inc‘s iPad.Bill Gates, co-founder and now chairman of the world’s largest software company, was one of the first...

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A Minute With: Pop star Ke$ha on new album “Warrior”

LOS ANGELES (Reuters) – Pop star Ke$ ha made a name for herself with infectious dance-pop hits but the singer-songwriter is stepping out of her Auto-Tune comfort zone on “Warrior”, out this week.Ke$ ha, 25, stormed the charts with hit songs about drinking, partying and having a good time, such as “TiK ToK” and “Your Love is my Drug” from her 2010 platinum-selling album “Animal”.Ke$ ha talked with...

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