An arbitration tribunal has ruled that Coca-Cola can sell its energy drink globally under the terms of the contract with Monster Beverage, the two companies said on Monday, months after the launch of the product in Europe.
Archive for July 2nd, 2019
Rules Limiting Truckers’ Driving Time Set to be Relaxed
The Department of Transportation is moving to loosen regulations on how many hours truck drivers can work, the Associated Press is reporting. While the trucking industry has long been fighting to relax the federal guidelines that limit how long drivers can stay on the road before stopping to rest, safety advocates warn that the move […]
Senate bill would require DOT to finalize speed limiter mandate
A bill introduced late last week in the U.S. Senate would require the U.S. Department of Transportation to resume work on a rule to require heavy-duty trucks to be equipped with speed limiters and require a limited speed of 65 mph.
Louisiana’s Novel ‘Subscription’ Model For Pricey Hepatitis C Drugs Gains Approval
Louisiana officials announced a deal Wednesday with Asegua Therapeutics, a subsidiary of Gilead Sciences, that would allow the state to provide hepatitis C treatment to its Medicaid and prison populations. They also secured the necessary clearance from the federal government Wednesday for a novel approach to paying for the drugs and expect the program to […]
Digital Health Company Livongo Files For An IPO
In a much anticipated move, Livongo which uses a combination of devices, AI-driven data and specialized coaches to help people manage chronic conditions, filed today to go public. Number of shares offered and pricing have not been determined.
Walmart to invest 1.2 billion in China to upgrade logistics
Walmart Inc plans to invest 8 billion yuan ($1.2 billion) in China over the next 10 years to upgrade logistics, the U.S. retail giant said on its social media account on Monday. The company will also set up or renovate more than 10 logistics centres in the country.