South Korean authorities faced a deluge of criticism Wednesday for announcing that human remains had been found from the sunken Sewol ferry, only to correct itself within hours to say they were animal bones. Newspapers said relatives of the missing had been put through "heaven and hell", and accused the maritime ministry of recklessness. The maritime ministry raised their hopes Tuesday when it said that human remains had been found by workers and were "suspected to be one of the missing victims".
Investor David Einhorn unveiled a proposal Tuesday to try to boost General Motors share price by creating two classes of stock, signaling a possible battle at the carmaker's annual meeting. GM rejected the initiative, calling it risky, and said it also would fight a plan by Einhorn to nominate four candidates to the GM board. Shares of GM jumped on the Einhorn move, finishing up 2.5 percent at $35.56.
(Reuters) - U.S. Democratic Senator Claire McCaskill sought on Tuesday details from the nation's top opioid drugmakers on their sales and marketing practices, as lawmakers step up efforts to tackle the country's deadly opioid crisis. The Missouri senator's investigation comes amid an epidemic of opioid addiction, with 91 Americans dying everyday as a result of overdose, according to the U.S. Centers for Disease Control and Prevention. "This epidemic is the direct result of a calculated sales and marketing strategy major opioid manufacturers have allegedly pursued over the past 20 years to expand their market share," McCaskill, the top Democrat on the Senate Homeland Security and Governmental Affairs Committee, wrote in a letter to the drugmakers.
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