Posts From King World News

US budget deficit falls to 8-year low in 2015

The US government’s budget deficit fell to an eight-year low in fiscal 2015, dropping to $439 billion, the Treasury Department announced Thursday. The cut in the finance gap — which was $1.4 trillion in 2009 — brought the deficit down to 2.5 percent of gross domestic product, the lowest level since 2007. The achievement marked a long effort by the administration of President Barack Obama to pare back the budget

How conservatives bested corporate lobbying machine on EXIM

By David Lawder WASHINGTON (Reuters) – When Boeing Co., General Electric Co. and other companies wanted to show Congress last February the dangers of closing the Export-Import Bank, they turned to a time-tested Washington ritual: knocking on Capitol Hill office doors. Working together, they mobilized executives from more than 650 companies to descend on Washington in a two-day “fly-in”. In over 400 meetings they warned lawmakers that thousands of American

Cempra tumbles on safety concerns of anti-bacterial drug

Cempra Inc stock plunged 37 percent on Friday over potential safety concerns related to the company’s drug to treat a common bacterial infection that met its main goal in a late-stage study. The company said while increased levels of liver enzymes were seen across treatment arms, the magnitude was higher in those who received its drug, solithromycin. Patients in the second late-stage trial initially received IV administration of either solithromycin

Food Day at Yale

Saturday, October 24th is Food Day, and we will be celebrating it at the very heart of the Yale University campus, on the beautiful expanse in front of Sterling Library. Much as we need rain in this part of the country, please join me in hoping it doesn’t come that day. We have a canopy, just in case.Food Day is an annual event, established…

MSF says U.S. tank entered compound of bombed Afghan hospital without permission

By Krista Mahr KABUL (Reuters) – Medical aid group Medecins Sans Frontieres said on Friday that a U.S. tank entered the grounds of its hospital in the northern Afghan city of Kunduz without permission, damaging the compound that was hit in a U.S. air strike earlier this month. The group said in a statement that the vehicle was carrying a team from a joint investigation being conducted by the United

Stroke recognition, response subpar in U.S. and U.K

By Madeline Kennedy (Reuters Health) – A new survey suggests that just over half of people in the U.S. and England would know how to recognize a stroke and when to call an ambulance. The analysis suggests that public education about stroke needs improvement in both countries, researchers say. In the U.S., stroke is the fifth leading cause of death and a major cause of disability in adults, according to