The New York Attorney General’s office has announced reaching agreement with six ticket brokers violating concerned law. The office has so far collected $2.76 million in settlement since announcing investment in January in a view to offer fairer ticket market for the city dwellers.
Finally, Nkosana Makate has won a compensation lawsuit against his former employer Vodacom. The court instructs Africa’s largest mobile company to negotiate with Makate, paying a reasonable share generated from its ‘Please Call Me’ service. The service, an idea innovated by Makate, has been introduced by Vodacom in 2001 without providing him the promised revenue share.
President Obama’s administration has published new standards for Medicaid private insurance plans on Monday. The US Medicaid system costs around $500 billion a year and has been acknowledged as one of the major components for federal budget. Since the concerned laws are a decade old, revisions appear to be a call of time.
Michael Pearson, CEO of Canadian pharmaceutical company Valeant, will give his testimony before the Senate on Wednesday regarding his price hiking strategy. Meanwhile, Valeant has appointed a new CEO to replace him.
