WASHINGTON: Citizens Against Government Waste (CAGW) reiterated longstanding and strong opposition to price controls on pharmaceuticals after President Trump issued a final Executive Order (EO) on Friday, September 11 to import prices from foreign nations. CAGW President Tom Schatz made the following statement: “Adopting foreign price controls from ‘most favored nations’ (MFN) for drugs sold…
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Lorie McBrien departs Airbnb and joins Vector Travel
LOS ANGELES: Multifamily industry leader, Lorie McBrien, joins multifamily hospitality company Vector Travel as Vice President of Sales, a news release said. Lorie will lead Vector’s national expansion in delivering its turnkey hospitality solution to more companies within the multifamily sector. Prior to assuming her latest role, Lorie led growth at Airbnb’s multifamily division as…
Hawkesbury steelworkers make big gains at Montebello Packaging
HAWKESBURY: Members of the United Steelworkers union (USW) employed at Montebello Packaging in Hawkesbury have made big gains in a new collective agreement with the company. The Montebello workers, members of USW Local 6565, have voted to ratify a four-year collective agreement that reverses a two-tier wage system and calls for pay increases for many…
Refuelling Solutions selects PDI Logistics Cloud to support fuel distribution network
ATLANTA: Professional Datasolutions Inc. (PDI), a global provider of enterprise software solutions, announced Refuelling Solutions has chosen PDI Logistics Cloud to support its fuel delivery operation. PDI’s next-generation logistics software delivers a comprehensive, cloud-based solution that will enable the Australia-based fuel distributor to reduce its technology footprint and increase real-time operational visibility and control. Refuelling…
Smartsheet completes acquisition of Brandfolder
BELLEVUE: Smartsheet, the enterprise platform for dynamic work, has completed its acquisition of Brandfolder, a leader in digital asset management (DAM). On August 24, Smartsheet announced the company’s intent to acquire Brandfolder. This acquisition combines Brandfolder’s world-class DAM capabilities with Smartsheet’s leading collaborative work management platform to create a dynamic solution that manages workflows around…
Gilead Sciences to acquire Immunomedics in a $21 billion deal
SACRAMENTO: Gilead Sciences Inc. and Immunomedics have entered into a definitive agreement pursuant to which Gilead will acquire Immunomedics for $88/share in cash. The transaction, which values Immunomedics at approximately $21 billion, was unanimously approved by both the Gilead and Immunomedics Boards of Directors and is anticipated to close during the fourth quarter of 2020….
Turkey’s Pegasus launches flights to Karachi, Pakistan
ISTANBUL: Turkey’s digital airline, Pegasus, continues to expand its international network with the launch of its new Karachi – Istanbul SabihaGökçen flights, connecting Karachi, Pakistan to Istanbul, Turkey. Pegasus’ Karachi – Istanbul SabihaGökçen flights will commence on 25 September 2020. Flights from Istanbul SabihaGökçen Airport to Quaid-E-Azam International Airport will operate every Monday, Wednesday, Friday…
Pfizer and BioNTech propose expansion of pivotal Covid-19 vaccine trial
NEW YORK: BioNTech and Pfizer have submitted an amended protocol to the U.S. Food and Drug Administration to expand the enrollment of their Phase 3 pivotal COVID-19 vaccine trial to up to approximately 44,000 participants, which also allows for the enrollment of new populations. Enrollment in the trial has been proceeding as planned and the…
Citi Retail Services and Wayfair launch private label and co-brand credit cards
CHICAGO: Citi Retail Services and Wayfair, one of the world’s largest online destinations for the home, announced a long-term partnership to provide a new private label Wayfair Credit Card and co-brand Wayfair Mastercard with compelling rewards and benefits for Wayfair customers. This new partnership with Citi Retail Services – one of North America’s largest and…
ParkerGale invests in workload automation software company, SMA Technologies
HOUSTON: SMA Technologies Inc., a leading provider of workload automation software, has received a majority investment from ParkerGale Capital. Terms of the transaction were not disclosed, a news release said. Current President, Todd Dauchy, who joined the company as Chief Technology Officer in 2012 and became President in 2018, will be leading the company into…
Rio Tinto announces Executive Committee changes
MELBOURNE: Rio Tinto has announced that by mutual agreement, J-S Jacques will step down from his role as an executive director and Chief Executive of the Group. A process to identify his successor is underway. J-S will remain in his role until the appointment of his successor or 31 March 2021, whichever is earlier. This…
Esri and UN launch global storytelling competition
REDLANDS: Esri, the global leader in location intelligence, and the United Nations (UN) Sustainable Development Solutions Network (SDSN) have launched the 2020 ArcGIS StoryMaps Competition for the Sustainable Development Goals. The SDSN is a leading nongovernmental organization (NGO) working to mobilize global scientific and technological expertise for sustainable development. According to the organization’s president, economist…