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UPDATE 1-Stents no better than drugs for many heart patients -U.S. study

Many patients with severe but stable heart disease who routinely undergo invasive procedures to clear and prop open clogged arteries would do as well by just taking medications and making lifestyle changes, U.S. researchers reported on Saturday. The $100 million government-backed study, presented at the American Heart Association (AHA) meeting in Philadelphia, is the largest yet to look at whether procedures to restore normal blood flow in patients with stable heart disease offers an added benefit over more conservative treatment with aspirin, cholesterol-lowering drugs and other measures. At least two prior studies determined that artery-clearing and stenting or …read more […]

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UPDATE 1-Union sets Nov. 19 strike date on Canadian National Railway if talks fail

Canada’s Teamsters labor union has given Canadian National Railway notice that it intends to strike starting Nov. 19, the two parties said on Saturday, following a stalemate in contract negotiations. The company, the largest Canadian railroad operator, offered the Teamsters Canadian Rail Conference a binding arbitration, which the union declined, CN’s Chief Operating Officer Rob Reilly said in a statement. …read more […]

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Stents no better than drugs for many heart patients -U.S. study

Many patients with severe but stable heart disease who routinely undergo invasive procedures to clear and prop open clogged arteries would do as well by just taking medications and making lifestyle changes, U.S. researchers reported on Saturday. The $100 million government-backed study, presented at the American Heart Association (AHA) meeting in Philadelphia, is the largest yet to look at whether procedures to restore normal blood flow in patients with stable heart disease offers an added benefit over more conservative treatment with aspirin, cholesterol-lowering drugs and other measures. At least two prior studies determined that artery-clearing and stenting or …read more […]

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Airbus Says Zero-Carbon Regional Jet May Arrive as Soon as 2030

(Bloomberg) — Airbus SE could potentially build an emission-free, 100-seat regional aircraft by the early 2030s, as the aviation industry speeds its response to mounting concern over air travel’s carbon footprint, according to the head of the planemaker’s new production-development arm.The European manufacturer is working on multiple methods to reduce carbon-dioxide emissions, Sandra Bour Schaeffer, chief executive officer of Airbus ExO Alpha, said in an interview Saturday ahead of the Dubai Airshow.The company is working with partners including engine manufacturers and startups to build more fuel-efficient engines, explore hybrids and alternative fuels, and to improve aerodynamics, Schaeffer said.Airlines and planemakers …read more […]

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Protests Erupt Across Iran After Gasoline-Price Increase

(Bloomberg) — Protests erupted in cities across Iran, leaving at least one person dead, after the government unexpectedly hiked gasoline prices, the semi-official Iranian Student’s News Agency reported.The fatality occurred during clashes in Sirjan in the southern province of Kerman on Friday, ISNA reported, citing the city’s acting governor, Mohammad Mahmoudabadi. Protests spread on Saturday to Tehran, where motorists blocked highways and intersections with their vehicles in a dense snowfall, according to the Fars news agency.A special economic commission decided late Thursday to boost gasoline prices by as much as three times and also to ration the motor fuel, the …read more […]

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5 Very Large Cap Stocks Hedge Funds Are Piling Into

In our opinion one of the best tools for ordinary investors who are on the hunt for new ideas is 13F filings. Once every quarter hedge funds with at least $100 million in total positions in publicly traded US stocks are required to open the kimono and disclose the number of shares and the total […] …read more […]

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Nothing Is Immune to Disruption – Including Breakfast

Milk and orange juice. They’ve been breakfast staples of the Fix (and America) for a long time. And now both industries are facing an existential crisis.
America’s largest milk producer, Dean Foods, filed for bankruptcy this week (CNBC). Dean Foods will remain in operation while it reorganizes and addresses its debt. So don’t worry about milk disappearing from the shelves of your grocery store. There’s plenty to go around.
Dean Foods hopes the Dairy Farmers of America will buy it out. The two parties are in “advanced” discussions about that possibility.
But even if Dean Foods is acquired, that doesn’t change the fact …read more […]