Spend win for the pharma industry?
Supreme Court Rejects Overtime Pay for Drug Reps -- The Supreme Court ruled Monday that drug companies don't have to pay their sales representatives for working overtime hours, a significant win for the pharmaceutical industry. The court, in a 5-4 opinion by Justice Samuel Alito, ruled that drug sales reps fall under a provision of federal labor law that removes overtime-pay requirements for those employed as outside salespeople. The court's ruling rejected arguments by the Department of Labor in favor of overtime pay. The department had argued the outside-sales exemption shouldn't apply because drug reps don't actually sell medicines to doctors but merely promote them.
U.S. Expands Toyota Probe to 1.4 Million Vehicles -- Federal regulators have expanded an investigation of a power-window switch used in some 1.4 million Toyota Motor Corp. vehicles on U.S. roads that could in some instances cause them to catch fire. The National Highway Traffic Safety Administration said it is focusing on the design of a power window master switch used on model year 2007 through 2009 vehicles. The switch was installed on those years' Toyota Camry, Camry Hybrid, RAV4 sport-utility vehicle, Yaris subcompact and on the 2008 Highlander Hybrid vehicles. Safety regulators are doing an engineering analysis of the matter, according to information NHTSA has posted on its website. The analysis is a key step in determining the exact nature of a problem, and whether an auto maker has to issue a recall.
Samsonite Pulls 'Tokyo Chic' Suitcases From HK Shelves After Report on Chemicals -- U.S. luggage maker Samsonite International S.A. (1910.HK) said Monday it has withdrawn all Tokyo Chic suitcases from stores in Hong Kong after a local consumer group found in the side handles of some samples high levels of chemicals that may be carcinogenic. Samsonite, which listed in Hong Kong in June last year, said it decided to remove its Tokyo Chic series of suitcases from shelves in Hong Kong to allay customer concerns after the Hong Kong Consumer Council claimed that the side handles of that model had excessive amounts of polycyclic aromatic hydrocarbons. The company said it commissioned independent tests of its products, which found "significantly lower" levels of chemicals than that reported by the Consumer Council on Friday. Samsonite said that product quality and safety "have always been of primary importance." However, Samsonite said it will replace all side handles of its Tokyo Chic luggage "for concerned customers in the Hong Kong market" with a "new-generation component."
Global weight gain more damaging than rising numbers -- Researchers say that increasing levels of fatness around the world could have the same impact on global resources as an extra billion people. The team estimated the total weight of people on the planet and found that North America had the highest average. Although only 6% of the global population live there, it is responsible for more than a third of the obesity.