REUTERS/Jim Bourg WASHINGTON Mylan NL Chief Executive Officer Heather Bresch will appear at a Sept. 21 congressional hearing over price increases for its allergy auto-injector EpiPen, the U.S. House of Representatives Oversight Committee said in a statement on Wednesday. Mylan has been widely criticized, including by U.S. Democratic presidential candidate Hillary Clinton, for sharply raising the price of EpiPens, which are carried by people with life-threatening allergies. Mylan raised the price from about $100 in 2008 to about $600 currently. Mylan spokeswoman Nina Devlin confirmed that Bresch will attend the hearing. A probe into EpiPen pricing by a U.S. Senate subcommittee was announced on Sept. 7. The House panel co-chairmen, Republican Representative Jason Chaffetz and Democratic Representative Elijah Cummings, noted there is …
Investors comparing the size of Ford’s investments to what other automakers have announced are “looking at the wrong scoreboard,” Fields said in an interview at Ford headquarters on Tuesday, ahead of the company’s annual late-summer investor meeting. “Don’t confuse activity for progress,” Fields said in response to questions about why Ford’s future ‘mobility’ investments appear to lag those of competitors such as General Motors Co (GM.N), Daimler AG (DAIGn.DE) and Toyota Motor online clothes Corp (7203.T). Mobility is the term auto companies and investors use to describe the next wave of personal transportation, which is still largely car-based but includes a wide range of services from ride sharing to automated driving and parking. Fields and other top Ford executives are scheduled to meet on Wednesday with investors and analysts to address concerns that the automaker is heading into a cyclical downturn in the United States market, which generates the bulk of Ford’s profit. Fields is expected to highlight the prospects for Ford to jump-start growth over the next several years by developing new businesses using autonomous, or self-driving, vehicles and internet-enabled services such as shuttle vans that can be hailed using a smartphone app. A Reuters analysis of automaker investments in future mobility startups estimates that Ford has spent less than $500 million in the sector over the past five years, while Toyota has spent more than $1.1 billion, GM more than $1.2 billion and Daimler more than $1.4 billion. So far, the Dearborn, Michigan-based automaker has announced a steady stream of relatively small deals. GM, in contrast, has highlighted bigger moves such as its $700 million acquisition of driving startup Cruise Automation and a $500 million investment in ride services company Lyft. GM has outlined plans to use its alliance with Lyft to place electric and autonomous vehicles in ride services dresses online fleets, while expanding car sharing through its Maven brand. FORD GOES SMALL Ford has focused on smaller startups in such fields as laser sensors, mapping, artificial intelligence and data analytics.
I dont have the chance to find out whats so harmful about lime wedges before he turns to look at me, fixing me with the same penetrating gaze that rendered so many beautiful women powerless over the course of Entourages eight seasons and a movie. He might forget, or the guy at the bar may forget, so you have barriers to success, he explains. But now weve planted a seed, and hes going to think about that. If you havent been keeping up with Adrian Greniers social media or online presence over the past few years, you might be wondering at this point: Why Does Vincent Chase care so much about straws? Much like his friend Leonardo DiCaprio, Grenier has embraced the mantle of celebrity environmentalist in recent years. The bulk of his activism takes place through the Lonely Whale Foundation, which he co-founded in 2015 along with producing partner Lucy Sumner. Sumner is married to Stings son, Jake Sumner, who recently made a film about plastic pollution in the oceans , and both of them joined us at dinner along with a handful of Greniers friends and colleagues from the foundation. According to its website , Lonely Whale is dedicated to bringing people closer to the worlds oceans through education and awareness, inspiring empathy and action for ocean health and the wellbeing of marine wildlife, with a focus on getting millennials engaged in ocean conservation through social media and various digital and IRL experiences. I ask Grenier how he defines himself nowadays. He says he doesnt like the word environmentalist, because it sounds too radical. Im a guy who cares about people, he says. Acting is my day job, but at night, I get to be a superhero.
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