Tag Archives: federal

Federal Trade Commission now probing Turing’s notorious drug pricing

Turing Pharmaceutical’s dramatic and rage-inducing decision to jack up the price of a life-saving drug, Daraprim, by more than 5,000 percent is now under investigation by the Federal Trade Commission, according to a lawyer for the pharmaceutical company’s now former CEO, Martin Shkreli.

Shkreli’s lawyer, Baruch Weiss, disclosed the FTC investigation in a letter to the US House...

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Marijuana investment group Privateer Holdings hires Federal Reserve bank examiner
Dante Tosetti.
One of the nation’s leading marijuana investment groups is bringing on its second former federal official. Seattle-based Privateer Holdings today announced the hiring of Dante Tosetti, a former bank examiner for the Federal Reserve Bank of San Francisco. Tosetti, a commercial banking veteran, will come on board as Privateer’s director...
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Next week, five states’ IDs will stop working in federal facilities

Lead Transportation Security Officer (TSO) Katrina Callin reviews the identification of a passenger at one of the checkpoints at Baltimore/Washington International Thurgood Marshall Airport (BWI). (credit: Transportation Security Administration)

Starting next week, certain state ID cards will no longer be accepted at federal facilities. Five states, along with the territory of American Samoa, aren't compliant with the 2005...

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Federal hacking conviction follows pro baseball scouting scandal

Busch Stadium, home to the St. Louis Cardinals. (credit: Nekonomist)

Theft in professional baseball used to be about stealing bases and signs. But not any more—not in the era of big data.

The St. Louis Cardinals' former scouting chief pleaded guilty Friday in a Texas federal courtroom to five hacking counts (PDF) in connection to unlawfully accessing a...

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