David Hyun

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Russia
Russia

U.S. prescription drug spending jumps to record $374 billion

U.S. spending on prescription drugs soared last year, driven up primarily by costly breakthrough medicines, manufacturer price hikes and a surge from millions of people newly insured due to the Affordable Care Act.<p>Spending rose 13 percent, the biggest jump since 2001, to a total of $374 billion, …

States slam the brakes on Iran, enact tough economic sanctions

While the United States and Iran edge closer to a nuclear deal, nearly two dozen U.S. states are imposing their own sanctions against Tehran – a move some say could derail fragile talks between the two countries.<p>The states, though, say they aren’t budging. In fact, Kansas and Mississippi are even …

South Asia
Stock Markets
Middle East

White House to resume military aid to Egypt amid regional turmoil

The White House, which halted weapons transfers to Egypt in mid-2013 to protest a military takeover and harsh political crackdown there, reversed course Tuesday and announced a quick infusion of military aid to help Cairo respond to the mounting turmoil in the Middle East.<p>With Cairo increasingly …

Economics

US lifts arms embargo on Egypt

The United States has announced it is lifting its hold on the supply of military equipment to Egypt, which was frozen when the military took power in Cairo nearly two years ago.<p>The White House said President Barack Obama was freeing up the equipment and making other changes to military ties with …

Middle East

UN envoy warns Yemen is 'on the edge of civil war' in conflict no side can win

Security council is told that Houthi rebels cannot succeed in taking over the entire country and that the only solution is ‘peaceful dialogue’<p>The United Nations special envoy for Yemen warned an emergency meeting of the security council on Sunday that events appear to be leading the Arab country …

Middle East

U.S. Stocks and Bonds Gain as Fed Signals Caution

Investors embrace easier approach to rates<p>By<p>Corrie Driebusch<p>Corrie Driebusch<p>The Wall Street Journal<p>Biography<p>@cdriebusch<p>corrie.driebusch@dowjones.com<p>U.S. stocks rose sharply Wednesday after the Federal Reserve signaled a more dovish approach to raising interest rates than investors had …

Stock Markets

Study raises concerns over big, rapidly thinning Antarctic glacier

<b>(CNN) —</b> Scientists have raised concerns about a large, rapidly thinning glacier in Antarctica, warning it could contribute significantly to rising sea levels.<p>They say they've discovered two openings that could channel warm seawater to the base of the huge Totten Glacier and bring the threat of …

Antarctica

21 Ways to Achieve Wealth and Success

Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>In his book, <i>Rich Habits -- The Daily Success Habits of Wealthy Individuals</i>, Tom Corley outlines several habits that distinguish the wealthy from the nonwealthy.<p>It got me to think, How many people operate on autopilot and don’t stop to …

Self-improvement

American Airlines Joining The S&P 500, Analysts Bullish On U.S. Skies

American Airlines Group will join the S&P 500 Friday. The airline will replace Allergan after it is officially acquired by Actavis in a deal expected to be completed Tuesday.<p>American stock opened Tuesday at $52.64, up 5% from Monday’s close. Joining the S&P is seen by some as a boon for stocks …

American Airlines
Stock Markets
Economics

Russia rules out handing back Crimea, expands war games | Reuters

MOSCOW (Reuters) - Russia ruled out handing Crimea back to Ukraine on Tuesday and a Defense Ministry official said nuclear-capable long-range bombers were being sent to the Black Sea peninsula as part of war games.<p>The huge military exercises, in which the Northern Fleet was put on full alert on …

Russia

Why men lose their memory younger than women

Men are affected by memory loss earlier than women, according to a study. Why does it happen and what can we do to stave it off?<p>Men over 40 have worse memories than women of the same age, <b>according to a study</b> carried out by American scientists.<p>The research showed that the hippocampus area of the …

TurboTax Temporarily Halts All State E-Filings Amid Fraud Concerns

<i>Author’s notes:</i><p><i>Intuit has announced that TurboTax has resumed e-filing of state income tax returns. See this post for more information.</i><p>Original story has been updated to include statements from H&R Block Liberty Tax, TaxAct, additional state-specific information and a statement from IRS.<p>Up to 18 …

Identity Theft

Rocket Internet’s huge appetite: Berlin giant pumps $717M into Hello Fresh and Delivery Hero

In one of its boldest bets ever, Berlin-based Rocket Internet announced today it was making massive investments in two of the world’s hottest food-delivery startups and creating a separate unit to oversee its sprawling empire of food-related stakes.<p>Rocket invested $568 million in Delivery Hero, the …

Google Advisors Say No To Global Right To Be Forgotten

An advisory council, formed by Google, has backed its decision to apply Europe’s ‘right to be forgotten’ ruling only in the European Union. Regulators had previously called on the company to apply the rule globally.<p>Google put together the eight-person committee in May last year to advise it on …

GoPro Earnings: Camera Maker Shows Wall Street the Money

<b>GoPro</b> reported fourth-quarter results after the closing bell on Thursday that trounced Wall Street's expectations. Investors initially pushed the stock up more than 4% in after-hours trading on the news.<p>This was a monster quarter for the mountable-camera maker, with revenue climbing 75%, to $634 …

RadioShack declares bankruptcy

Nearly a century after it opened its first store and sent out its first catalog, RadioShack (RSHC) declared bankruptcy on Thursday.<p>It has struck a deal to sell up to 2,400 of its approximately 4,000 stores and wireless company Sprint (S) will create a "store within a store" in up to 1,750 of …

NYSE
Finance

North Korea stages chemical warfare drills

Secretive state has stockpile of up to 5,000 tons of agents - sufficient to kill everyone in South Korea - and is now stepping up its drills<p>North Korea has stepped up its biological and chemical warfare exercises, carrying out at least a dozen large-scale drills in the last year, according to South …

European Stocks Inch Higher After U.S. Jobs Data

Stronger-Than-Expected Jobs Report Boosts Markets but Concerns Over Greece Standoff Limits Gains<p>European stock markets inched higher Friday after a stronger-than-expected U.S. jobs report, but concern over the outcome of a standoff between Greece and its creditors kept a lid on gains.<p>The Stoxx …

Stock Markets