| Drug repository would help low-income folks
I'm a longtime cancer patient (nine years and counting), and I have dozens of bottles of leftover drugs clogging up my medicine cabinet. I know it's dangerous to keep them around. Kids could poison themselves, as could our golden retriever (who eats everything from rocks to homemade brownies). Drug abusers could steal them. I like to think that no one who visits my house would snoop in the bathroom searching for drugs, but do I know that for sure? In the old days, the rule was to flush unwanted drugs down the toilet. But it's not a good idea. Antibiotics, hormones and other drugs are being found in waterways, raising questions about harm to the environment and to human health as well. A year or two ago, I read that the thing to do was to return the unused drugs to a pharmacy for proper disposal.
Viewing all entries for: February 2008
As immigration peaked as a political issue last year and local governments began to adopt a variety of restrictive measures, a number of economic commentators (myself included) noted that this was a dangerous policy to pursue given a weakening economy. Policies which drove immigrants away from restrictionist areas not only cut off the commercial business provided by those populations but also undermined housing markets. Even where immigrant households were not primarily homeowners, their presence in the market as tenants helped support overall housing demand and provided needed cash flows to landlords struggling to pay mortgages. With a housing-led downturn taking shape, immigrant departure seemed potentially disastrous. But one has to wonder whether that's the proper causation.
Black Chandelier to close its stores in Murray, Provo
The Black Chandelier stores at Fashion Place mall in Murray and the Shops at Riverwoods in Provo are closing. The two stores are the newest in the four-store chain. Black Chandelier's parent company Nexia Holdings Inc., a subsidiary of Gold Fusion Laboratories Inc., was unable to raise sufficient capital to properly stock all the locations and sales suffered. About 20 people will lose their jobs, Nexia said in a news release this week. Black Chandelier will ship merchandise from the closed stores to the remaining stores and will save $50,000 in negative cash flow per month. Nexia, a Salt Lake City-based health, beauty, fashion and real-estate company, had attempted to raise up to $10 million in an equity line of credit but was unable to get the registration statement cleared through the Securities and Exchange Commission for more than 20 months.
A voyage of discovery
Six months have passed since the opening of the Cairo Children's Cancer Hospital (CCHE), a project that epitomises Egyptians' collective effort to provide free treatment for those in need through making charitable donations. The hospital, known as "57357" after the number of its bank account to which donations can be sent, now treats some 760 patients, 40 of whom are from Arab countries. Built on half the allocated plot of land in the Sayeda Zeinab district in Cairo, leaving the other half free for gardens, the hospital's unique design stands out from its surroundings like a ship of hope. Its beauty is reflected inside the hospital, which is a comfortable place for parents, while at the same time providing high-quality treatment for children with cancer. "We are trying to make the hospital look like a big toy, or a cheerful place for children, because cancer is a very cruel disease for them," says Sherif Abul-Naga, director of Academic Affairs, Research, Training and International Outreach at the Hospital, as well as professor of paediatric hematology and oncology at the National Cancer Institute at Cairo University.
Katherine Heigl's Bed, Bath, and Beyond
We were borderline shocked that Katherine Heigl's smiling face wasn't all over the red carpet at the SAGs last night, but it looks like she chose personal over professional this weekend. She and Josh played moving company to start unloading their stuff into their new digs in LA. Meanwhile, 27 Dresses came in at No. 3 at the box office, so maybe Katherine is okay with being absent from our TV screens since she's shaping up to be quite the movie star. Lots more pics of Katherine and Josh getting all moved in if you just read more .
Words from the (Investment) Wise for the Week That Was (Feb 4 - 10 ...
Things are going to get a lot worse before they are going to get worse." Randall Forsythe of Barron's offered the following commentary: "The Mardi Gras that's lasted four decades for the American consumer is drawing to an end, if it is not already over. After Fat Tuesday comes Ash Wednesday, which is observed today, and is the beginning of Lent, a 40-day period of fasting, self-examination and renewal for Christians, analogous to Ramadan for Muslims or Yom Kippur for Jews. Lower interest rates are a palliative, not a cure, for the economy's woes. Time is the only healer. Economists call that time a recession, and it can no longer be avoided." Before highlighting some thought-provoking news items and quotes from market commentators, let's briefly review the financial markets' movements on the basis of economic statistics and a performance chart.
Dendreon Presents Data Correlating the Cumulative Potency of PROVENGE ...
SEATTLE and SAN FRANCISCO, Feb. 14 /PRNewswire-FirstCall/ -- Researchers from Dendreon Corporation (NASDAQ: DNDN) today presented data demonstrating the correlation of a measure of the cumulative potency of PROVENGE (sipuleucel-T), an investigational active cellular immunotherapy for hormone-refractory prostate cancer, with overall survival. This is the first time that an association between higher potency of an active immune therapy and increased patient survival has been reported. The correlation appeared to be independent of other important baseline prognostic factors. The abstract (#21), "Cell Number and CD54 Expression in Sipuleucel-T Correlate with Survival in Metastatic Androgen Independent Prostate Cancer," is being presented at the American Society of Clinical Oncology's 2008 Genitourinary Symposium in San Francisco.
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