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GlaxoSmithKline To Stop Paying Doctors To Promote Its Drugs

GlaxoSmithKline says it will stop paying doctors to speak on its behalf at conferences and will also stop paying for doctors to attend conferences where marketing takes place. The company is also changing the way it compensates its global sales force. Some of the changes will go into effect by early 2015, others will take a bit longer.
NPR

Report: 6.4 Million U.S. Homes Still Have Negative Equity

The percentage has been steadily shrinking thanks to rising home prices, but the highest percentage of underwater mortgages can still be found in a handful of states hardest hit by the housing crisis.
NPR

Almost All Tech Execs At White House Supported Obama Campaign

President Obama is hosting a high-profile group of technology executives at the White House on Tuesday. Almost every one was a big financial backer of the president's political career. Chad Dickerson, chief executive of Etsy, is among the group but only gave $500 to the Obama campaign.
NPR

There Is A 'Softer' Way To Budget Yourself

Money coach Alvin Hall speaks with host Michel Martin about how to prepare your financial goals for the new year.
NPR

FAA To Soon Pick Sites For Commercial Drone Testing

Before the end of the year, the federal government will select six states where drone makers can test how to safely integrate the technology into commercial airspace. Nevada is vying for one of the spots. The FAA stamp of approval could lure big industry to high-end test sites. But smaller drone developers, who're focused on non-military applications, also see enormous opportunities.
NPR

Glaxo To Stop Paying Doctors To Promote Drugs

The head of British drug maker GlaxoSmithKline told The New York Times on Monday that the company will stop paying doctors to promote its drugs. Pharmaceutical firms commonly pay physicians to speak at medical conferences — a practice criticized as a conflict of interest.
NPR

Mexico Opens Its Energy Sector To Private Investment

Over the weekend, the needed majority of Mexican states ratified sweeping constitutional changes that would allow for the first time in decades foreign investment in the country's oil monopoly. Pemex has controlled the country's oil industry for 75 years.
NPR

Fitbit Flex Tops Jaroslovsky's 2013 Tech Gift List

With holiday shopping well underway, Linda Wertheimer talks to tech journalist Rich Jaroslovsky about this year's non-obvious tech gifts. Among his picks is the Fitbit Flex and a talking smoke detector.
NPR

Italian Police Arrest 4 In Holiday Extortion Case

Four alleged mafia gangsters have been arrested for forcing shop owners to buy poinsettias for as much as $140 each. Owners who refused to partake in the "Christmas special" would have their shops vandalized.
NPR

New Owner Promises Handmade Steinways For Years To Come

When billionaire John Paulson first bought Steinway & Sons, it struck fear in the hearts of musicians. Would Steinway's famously handcrafted pianos be changed, for the sake of efficiency?

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