Thursday, April 19, 2018

Beyond Tampa Bay business news for Dec. 12

The federal government awards billions of dollars in contracts each year to companies that routinely violate safety, health and wage regulations, according to a report released Wednesday that calls for stricter measures to hold federal contractors accountable. The study from Democratic leaders on the Senate Health, Education, Labor and Pensions Committee found that nearly 30 percent of companies hit with the highest penalties for federal labor law violations from 2007 to 2012 were also federal contractors.

The multi-decade search for a pill that boosts sexual desire in women has hit another roadblock, raising questions about the future of efforts to develop a female equivalent to Viagra. Sprout Pharmaceuticals said Wednesday it has reached an impasse with the Food and Drug Administration over its drug, flibanserin. The daily pill is designed to increase libido in women by acting on brain chemicals linked to mood and appetite. The FDA questions whether the drug's benefits outweigh its risks.

As federal regulators consider removing a decades-old prohibition on making phone calls on planes, a majority of Americans who fly oppose such a change, a new Associated Press-GfK poll finds. The Federal Communications Commission will officially start the debate today, holding the first of several meetings to review the agency's 22-year-old ban. New FCC Chairman Tom Wheeler has called the current rules "outdated and restrictive."

IKEA is recalling millions of children's lamps following the death of a child who choked on the lamp's cord and another was injured. The "SMILA" series wall-mounted children's lamps were sold at IKEA from 1999 through 2013 for $10 to $13. There were 2.9 million of the recalled lamps sold in the U.S. and 1.1 million sold in Canada. A total of 23 million were sold worldwide. Consumers should stop using the lamp and contact IKEA for a free repair kit to attach the cord to the wall.

BIG NUMBER: $2.35B

The payoff generated by hotelier Hilton's initial public offering Wednesday, which surpasses the $2.1 billion generated by Twitter's IPO last month.

BOTTOM LINE: Microsoft says more than 2 million of its Xbox One consoles have been sold since the system's launch 18 days ago. … General Motors Co. said Wednesday it will stop making cars and engines in Australia by the end of 2017 because of high production costs and competition.

The federal government awards billions of dollars in contracts each year to companies that routinely violate safety, health and wage regulations, according to a report released Wednesday that calls for stricter measures to hold federal contractors accountable. The study from Democratic leaders on the Senate Health, Education, Labor and Pensions Committee found that nearly 30 percent of companies hit with the highest penalties for federal labor law violations from 2007 to 2012 were also federal contractors.

The multi-decade search for a pill that boosts sexual desire in women has hit another roadblock, raising questions about the future of efforts to develop a female equivalent to Viagra. Sprout Pharmaceuticals said Wednesday it has reached an impasse with the Food and Drug Administration over its drug, flibanserin. The daily pill is designed to increase libido in women by acting on brain chemicals linked to mood and appetite. The FDA questions whether the drug's benefits outweigh its risks.



IKEA is recalling millions of children's lamps following the death of a child who choked on the lamp's cord.Another child was injured. The "SMILA" series wall-mounted children's lamps were sold at IKEA from 1999 through 2013 for $10 to $13. There were 2.9 million of the recalled lamps sold in the U.S. and 1.1 million sold in Canada. A total of 23 million were sold worldwide. Consumers should stop using the lamp and contact IKEA for a free repair kit to attach the cord to the wall.



As federal regulators consider removing a decades-old prohibition on making phone calls on planes, a majority of Americans who fly oppose such a change, a new Associated Press-GfK poll finds. The Federal Communications Commission will officially start the debate today, holding the first of several meetings to review the agency's 22-year-old ban. New FCC Chairman Tom Wheeler has called the current rules "outdated and restrictive."



The federal government awards billions of dollars in contracts each year to companies that routinely violate safety, health and wage regulations, according to a report released Wednesday that calls for stricter measures to hold federal contractors accountable. The study from Democratic leaders on the Senate Health, Education, Labor and Pensions Committee found that nearly 30 percent of companies hit with the highest penalties for federal labor law violations from 2007 to 2012 were also federal contractors.

The multi-decade search for a pill that boosts sexual desire in women has hit another roadblock, raising questions about the future of efforts to develop a female equivalent to Viagra. Sprout Pharmaceuticals said Wednesday it has reached an impasse with the Food and Drug Administration over its drug, flibanserin. The daily pill is designed to increase libido in women by acting on brain chemicals linked to mood and appetite. The FDA questions whether the drug's benefits outweigh its risks.

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Joey Fatone’s hot dog food truck is coming to Plant City this weekend

Joey Fatone’s hot dog food truck is coming to Plant City this weekend

We're still a few weeks from Justin Timberlake's nearly sold-out concert in Tampa. Until then, you'll have to make do with Joey Fatone's hot dogs in Plant City.Timberlake's 'N SYNC bandmate has a burgeoning wiener empire in Orlando, Fat One's Hot Dog...
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Poland marks 75th anniversary of uprising in Warsaw Ghetto

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Andy Rihs, Swiss owner of cycling, soccer teams, dies at 75

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Asian shares, oil prices rise on upbeat global outlook

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AP Top News at 4:49 a.m. EDT

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Bureaucrat set to replace Raul Castro as Cuba's president

Bureaucrat set to replace Raul Castro as Cuba's president

A 57-year-old bureaucrat will take Raul Castro's place as the president of Cuba on Thursday as a government led by a single family for six decades tries to ensure the long-term survival of one of the world's last communist states
Updated: 2 hours ago
Bureaucrat set to replace Raul Castro as Cuba's president

Bureaucrat set to replace Raul Castro as Cuba's president

A 57-year-old bureaucrat will take Raul Castro's place as the president of Cuba on Thursday as a government led by a single family for six decades tries to ensure the long-term survival of one of the world's last communist states
Updated: 2 hours ago
AP Was There: The fiery end of the standoff in Waco, Texas

AP Was There: The fiery end of the standoff in Waco, Texas

Around 6 a.m. on April 19, 1993, federal agents moved in to end a 51-day standoff with the Branch Davidian religious sect, using armored vehicles to ram holes in the compound outside of Waco and spraying tear gas inside
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