Editorial: Governor’s effort to lower insulin prices is a smart investment
Published Tue, 19 Nov 2024 09:33:38 GMT
Gavin Newsom is taking aim at the three greedy insulin drugmakers who have made billions in profits at the expense of Californians with Type 1 diabetes who must take the medication every day to survive.The governor announced Saturday a new $100 million, 10-year contract with the nonprofit drugmaker Civica RX to make insulin available at a cost of no more than $30 per vial. Half of the money will go toward developing the insulin product, and the remaining $50 million will be invested in a manufacturing facility.Insulin costs about $10 per dose to produce. In 1995, the price stood at $24 per vial. Today, the drug can cost more than $200. Consequently, one in six insulin users say they are forced to ration their doses because they can’t afford the cost.Newsom believes the state can help patients who now pay out of pocket thousands of dollars a year. While it won’t be easy, he deserves credit for trying to break the oligopoly that’s making basic prescription drugs unaf...A’s hard-working Langeliers ready for a full-time role
Published Tue, 19 Nov 2024 09:33:38 GMT
MESA, Ariz. — The Athletics did a lot of rebuilding this offseason following a 102-loss season. Shea Langeliers has been working hard this spring to prove there’s one spot they won’t have to worry about.The 25-year-old catcher is the most advanced of Oakland’s young prospects and he’ll be taking on a full-time, starting role after just 40 games in the majors last season.Langeliers has to make up for the loss of Sean Murphy, the A’s catcher who developed a commanding presence at the plate and behind the it over the last four seasons before being traded. But there’s reason for optimism that Langeliers is up to the task.Putting so much trust and faith in a young catcher can be difficult, but veteran A’s pitchers Paul Blackburn and James Kaprielian are confident Langeliers is the right guy for the job.“He fits right in and he’s prepared,” Kaprielian said. “He’s got the tools and the skills and now he’s just going to have to produce on a consistent basis. There’s no doubt in my min...Opinion: Gov. Newsom’s gas plan would hold Big Oil accountable
Published Tue, 19 Nov 2024 09:33:38 GMT
Exxon collected $6.3 million an hour. Chevron last year doubled its 2021 profits and boasted about “outstanding results” in an earnings call. Valero made nearly 10 times more.While oil companies were raking it in, Californians were paying for it in record high gas prices — $2.61 per gallon higher than the national average. We were charged those sky-high prices even though the cost of crude oil was down and there were no changes to state taxes, fees or regulations. While we all know that gas has always cost a bit more here than in other states, it’s never been by that much.In 2022 alone, oil companies hauled in more than $200 billion in profits. If you or I made $98 million a year for 2,000 years, we still wouldn’t make as much as oil companies did last year.The out-of-control gas prices in California stretched household budgets to the max and forced countless families to choose between things such as putting food on the table or going to the doctor. High fuel costs also inflic...Suspect shot, killed during standoff with San Jose police
Published Tue, 19 Nov 2024 09:33:38 GMT
(KRON) -- San Jose police have shot and killed a man Thursday morning who was holding three hostages, including two children, since Wednesday night, according to San Jose Police Department officials. Officers said they received a call to the scene around 8:30 p.m. Wednesday.Officers are currently on the scene at a home Thursday morning on the 900 block of Boynton Avenue where the man barricaded himself and the hostage and was armed with a machete, officials said. Video shows couch fly through the San Francisco sky during storm The suspect was taken to the hospital for treatment but was pronounced dead from his injuries. No officers were injured.Officers said the three hostages were safely removed from the home.Officers will remain on the scene for the investigation. Police said there is no imminent danger to the surrounding public.Mudslide cracks, closes Redwood Boulevard in Novato
Published Tue, 19 Nov 2024 09:33:38 GMT
(KRON) -- Officials are monitoring a mudslide in Marin County that happened Tuesday night causing an erosion on the hillside. The mudslide happened above Redwood Boulevard just west of Highway 101 and the Marin County Airport in Novato.A significant amount of water and mud has been pushed down causing about a 100-foot stretch of Redwood Boulevard to buckle and break into pieces. Storm kills 5 in San Francisco Bay Area Marin County Officials said this mudslide uncovered one of two PG&E gas main lines possibly creating pressure on a North Marin Water District aqueduct, which runs from Sonoma County to Marin County. As of Thursday morning, no gas or water line breach has occurred and there has been no visible movement since Tuesday night. Officials said there is no immediate threat to residents.KRON On is streaming live news now.embed-container { position: relative; padding-bottom: 56.25%; height: 0; overflow: hidden; max-width: 100%; } .embed-container iframe, .embed-container o...UVA’s Mike Hollins says it’s a “miracle” he’s able to return to practice, four months after surviving a shooting
Published Tue, 19 Nov 2024 09:33:38 GMT
University of Virginia fifth-year running back Mike Hollins said Tuesday it’s a “miracle” that he’s able to return to the practice field, four months after surviving a shooting that killed three of his football teammates.“It’s literally a miracle that I’m here today and just living that out,” Hollins told reporters after practice.“I just feel really blessed to be back on ground and to be able to continue my dreams, my former teammates’ dreams. A lot of blessings in some tough times that are hard to see, but I try to continue to move forward.”Hollins, a native of Baton Rouge, Louisiana, was one of two people wounded when a fellow student opened fire on a bus returning to Charlottesville, Virginia, from a class field trip, killing football players Devin Chandler, Lavel Davis Jr. and D’Sean Perry.The deaths of Chandler, Davis Jr. and Perry left three enormous holes on a team that felt more like family than anything...Park outside: Hyundai, Kia recall vehicles due to fire risk
Published Tue, 19 Nov 2024 09:33:38 GMT
DETROIT (AP) — Hyundai and Kia are telling the owners of more than 571,000 SUVs and minivans in the U.S. to park them outdoors because the tow hitch harnesses can catch fire while they are parked or being driven.The affiliated Korean automakers are recalling the vehicles and warning people to park them away from structures until repairs are made.Affected Hyundai vehicles include the 2019 to 2023 Santa Fe, the 2021 to 2023 Santa Fe Hybrid, the 2022 and 2023 Santa Fe Plug-in hybrid and the 2022 and 2023 Santa Cruz. The only Kia affected is the Carnival minivan from 2022 and 2023. All have Hyundai or Kia tow hitch harnesses that came as original equipment or were installed by dealers.The Korean automakers say in documents posted Thursday by U.S. safety regulators that water can get into a circuit board on the hitches and cause a short circuit even if the ignitions are off.Hyundai has reports of one fire and five heat damage incidents with no injuries. Kia has no reports of fires or inj...Confirman la muerte del sospechoso del tiroteo escolar en Denver
Published Tue, 19 Nov 2024 09:33:38 GMT
DENVER, Colorado — El cuerpo encontrado en un bosque de Colorado cerca de un auto abandonado era del estudiante de 17 años acusado de herir a dos empleados en un tiroteo en su escuela secundaria de Denver, según confirmó este jueves la oficina del forense.El cadáver se encontró cerca del auto en una remota zona de montaña unas 50 millas al suroeste de Denver, cerca de la pequeña población de Bailey, en el condado Park, según el jefe de la policía del condado, Tom McGraw. Los habitantes de la localidad habían recibido orden de mantenerse a cubierto mientras agentes de varias agencias, incluido el FBI, buscaban en el bosque.La policía de Denver había identificado antes al sospechoso de la balacera como Austin Lyle. La oficina del forense del condado Park confirmó en Facebook que el fallecido era Lyle. La causa de la muerte no se hizo pública porque no se había completado la autopsia. Policía: estudiante dispara a dos profesores en secundaria de Colorado ...Aeterna Zentaris: Q4 Earnings Snapshot
Published Tue, 19 Nov 2024 09:33:38 GMT
TORONTO (AP) — TORONTO (AP) — Aeterna Zentaris Inc. (AEZS) on Thursday reported a loss of $12.5 million in its fourth quarter.The Toronto-based company said it had a loss of $2.56 per share. Losses, adjusted for asset impairment costs, were 84 cents per share.The drug developer posted revenue of $2.5 million in the period.For the year, the company reported that its loss widened to $22.7 million, or $4.68 per share. Revenue was reported as $5.6 million.The company’s shares closed at $2.65. A year ago, they were trading at $8.90._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AEZS at https://www.zacks.com/ap/AEZSSourceNew Starbucks CEO plans to pull barista shifts in stores every month
Published Tue, 19 Nov 2024 09:33:38 GMT
Starbucks’ new CEO Laxman Narasimhan teased his plan for the company in a letter to employees. It includes working in Starbucks stores as a barista once a month.Narasimhan officially became the coffee chain’s chief executive on Monday, taking the reins from Howard Schultz about two weeks earlier than scheduled. But he’s been with the coffee company for months: Narasimhan joined Starbucks as interim CEO in October, and has since spent time getting to know the company — including earning a barista certification, which requires 40 hours of training in stores.“The past six months of my immersion into the company have been shaped by so many of you who have taught me about our very special culture at Starbucks,” Narasimhan wrote in the Thursday letter to employees.“With you, I’ve experienced every aspect of the business to learn what it truly means to wear the green apron. You’ve welcomed me into our stores, trained me in how to be a barista...Latest news
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