Hospital pharmacists are backing a call by the Food and Drug Administration for added regulation of compounding companies after a meningitis outbreak, calling it a “gray area” with serious implications.
U.S. Representative Cliff Stearns, who led a House investigation into federal aid to solar-panel maker Solyndra LLC, conceded defeat in Florida’s Republican primary, losing to a Tea Party-backed newcomer, Ted Yoho.
A123 Systems Inc., the electric-car battery maker that filed for bankruptcy this week, had promising chemistry and marquee customers. What it couldn’t overcome, even with government funding, were missteps in manufacturing.
The Chinese auto-parts maker that previously bailed out A123 Systems Inc., the U.S. electric-car battery maker that filed for bankruptcy protection this week, said it’s still interested in taking over the company.
The Federal Communications Commission said it initially approved Philip Falcone’s LightSquared Inc. without knowing the wireless service would interfere with global positioning system signals, because GPS- gear makers didn’t complain.
Representative Cliff Stearns, a Florida Republican, said Solyndra Chief Executive Officer Brian Harrison “assured me that everything was just fine” about 30 days before the company closed and filed for bankruptcy.
A123 Systems Inc.’s chief executive officer said the company’s financial rescue by China’s largest auto-parts maker will preserve U.S. jobs, after the agreement drew criticism from congressional Republicans.
State leaders are ignoring the anti- China rhetoric from the U.S. Congress and presidential candidates as they pursue investments by companies in the world’s second-largest economy at a pace that may accelerate.