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Tuesday - June 18, 2013

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Pending FDA approval, trials to begin on ALung’s artificial lung

The FTC said Tuesday that Neiman Marcus and two other retailers have agreed to settle charges that they claimed certain products were made of “faux” fur when they actually contained real fur.

In addition to the upscale department store operator, the retailers include DrJays.com Inc. and Eminent Inc., doing business as Revolve Clothing.

The Federal Trade Commission said the companies also violated federal laws by not naming the animal that the fur came from.

The FTC also charged that The Neiman Marcus Group Inc. claimed that a rabbit fur product had mink fur, and failed to disclose where the fur came from for three fur products.

Under the proposed settlement, the retailers would be prohibited from violating the laws for 20 years.

1. Highmark to extend self-insurance plans to small businesses
2. SEC investigation to continue into ‘suspicious’ acquisition of Heinz stock option
3. It’s about what you can bring
4. More choose to buy into jobs
5. United makes MileagePlus status harder to achieve
6. Pending FDA approval, trials to begin on ALung’s artificial lung
7. Investors buy modestly, await word of Fed
8. Obama hints Bernanke on way out
9. PNC to phase out free checking accounts
10. Molecular differences in cancers found in UPMC’s ‘big data’ results
11. ExOne, furnace maker agree to jointly market products

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