The Indianapolis-based pharmaceutical company announced on Thursday that about 1,000 sales representatives will lose their jobs. The Wall Street Journal reports the company made the move to cut costs so it can better compete with generic drug makers.
Television networks are up in arms. The new company Aereo is charging a monthly fee to provide a high-definition feed of the basic over-the-air channels, and the stations aren't seeing a penny of it. But CEO Chet Kanojia thinks he's figured out a legal loophole.
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