Food Nutritionist Blogger Account

Wednesday, August 28, 2019

OxyContin maker Purdue Pharma reportedly offering opioid settlement up to $12B

OxyContin maker Purdue Pharma is reportedly offering a settlement worth up to $12 billion to resolve claims over its role in the opioid crisis.

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Backcountry Offers Our Favorite Outdoor Gear For Half Off During Labor Day

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Here are all the 2020 Democratic presidential candidates who will be on stage for the September 12 primary debate

The next round of debates had much more strict criteria for candidates looking to secure a spot on stage. As a result, the field is thinning out fast.

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Mnuchin Says China Trade Meeting Will Happen But Won't Say When

(Bloomberg) -- Treasury Secretary Steven Mnuchin said U.S. trade officials expect Chinese negotiators to visit Washington, but wouldn’t say whether a previously planned September meeting would take place.“We continue to have conversations. We’re planning for them to come,” Mnuchin said Wednesday in an interview, declining to say whether the September encounter would happen.Tensions between the two nations reached a fresh peak last Friday when China threatened retaliatory tariffs against the U.S. and President Donald Trump responded with a plan to ratchet up duties on Chinese products further and ordered American companies to look for alternatives to the country. The remarks prompted U.S. stocks to suffer one of their worst losses of the year.By Monday, Trump had softened his tone, saying the two nations had had phone conversations and that China was eager to strike a deal.Compounding the battle over tariffs, the two nations are engaged in a dispute over the value of their currencies. Mnuchin said Wednesday that he’s been in contact with China’s top central banker, the International Monetary Fund and other counterparts in Beijing over what the U.S. has deemed manipulation of the yuan.“We’ve had conversations with the IMF and directly with our counterparts in China, including the governor of the PBOC,” since the U.S. formally labeled China a currency manipulator on Aug. 5, Mnuchin said, referring to Yi Gang, who heads the People’s Bank of China.China’s currency broke the 7 per dollar level earlier this month for the first time since 2008, unleashing tumult across global markets. The U.S.’s manipulator announcement followed a declaration by PBOC’s Yi that his nation wouldn’t use the yuan as a tool to deal with trade disputes.The designation of China as a currency manipulator was seen as largely symbolic since the potential penalties are less punitive than steps Trump has already taken against China.“We will have a separate dialog and discussion on currency as part of the trade discussion but separate from the trade discussion,” Mnuchin said.To contact the reporter on this story: Saleha Mohsin in Washington at smohsin2@bloomberg.netTo contact the editors responsible for this story: Alex Wayne at awayne3@bloomberg.net, Joshua Gallu, John HarneyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

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Chicago Public Schools budget passes amid discord with teachers

The Chicago Board of Education approved a $7.7 billion fiscal 2020 budget on Wednesday, rejecting a call to delay a vote on the spending plan by the district's teachers union, which is eyeing a possible strike next month. The Chicago Teachers Union (CTU), which is in contract talks with the nation's third-largest public school system, claimed the new spending plan fails to address "dire" shortages of social workers, nurses and other staff. School officials said the budget funds 95 additional positions that were part of a commitment by Chicago Mayor Lori Lightfoot for more than 450 new jobs over five years.

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FBI searches Detroit-area home of UAW president

Federal agents on Wednesday searched the suburban Detroit home of the president of the United Auto Workers, apparently another step in a corruption investigation that has netted labor leaders and auto industry officials, and damaged the union's reputation during contract talks with U.S. car companies. The UAW criticized the remarkable search of Gary Jones' home in Canton Township, insisting it has fully cooperated with authorities. "President Jones is determined to uncover and address any and all wrongdoing, wherever it might lead," the UAW said in a written statement.

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FBI studies two broken cameras outside cell where Epstein died: source - Reuters

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