Financial decisions are made on an emotional basis

The willingness of decision makers to take risks increases when they play games of chance with money won earlier. Risk taking also rises when they have the opportunity to compensate for earlier losses by breaking even. This outcome was demonstrated by Dr. Kaisa Hytönen, a Finnish Aalto University researcher in neurofinance, together with her international … Read more

India Poised to be third biggest aviation market by 2020

Addressing the members of Consultative Committee for the Ministry of Civil Aviation in Panjim, Goa, Indian Minister of Civil Aviation, Shri Ajit Singh said that India is poised to be the third biggest aviation market in the world by 2020. He also expressed the hope that as per growth projections the air passenger traffic is … Read more

Starbucks US coffee chain revenue increased by 6%

US giant Starbucks, the world’s biggest coffee chain, says an increase in customers boosted revenue in the fourth quarter by 6%. The company said net income at its shops open for at least a year was $359m (£222.6m, £277.5m euros) in the three months to September. “Our Q4 and overall 2012 fiscal year performance demonstrates … Read more

Restaurant menu – how do you read?

When you sit down to read a restaurant menu, do you read it like a book? Or do your eyes flit from place to place to find the most enticing dish?

A new study by SF State researcher Sybil Yang, assistant professor of hospitality and tourism management, suggests that on average diners read menus sequentially like a book, and that their gaze doesn’t linger noticeably longer over any particular location on the menu.

Read moreRestaurant menu – how do you read?

Medicine :: Shire supports Canada’s Access to Medicines Regime

Shire BioChem Inc. announced that it is pleased to support Canada?s Access to Medicines Regime to enable a Canadian company (Apotex) to manufacture in Canada a generic fixed dose triple combination antiretroviral medicine that contains a drug (3TC?) over which Shire BioChem Inc. holds patent rights in Canada.

HIV :: AHF Welcomes FDA Approval of Pfizer?s Selzentry AIDS Drug

On the heels of the fourth International AIDS Society?s Conference on HIV Pathogenesis, Treatment and Prevention, which took place in Sydney in late July, AIDS Healthcare Foundation (AHF) welcomed yesterday?s news that the FDA has approved Pfizer Inc.?s new AIDS salvage therapy, Selzentry (maraviroc), a different class of new antiretroviral AIDS drug which had been discussed and presented at the IAS conference.

HIV :: GSK gives consent for generic version of HIV/AIDS medicine for use in Rwanda

As part of its broad commitment to improving access to medicines, GlaxoSmithKline announced it has given consent through Canada?s Access to Medicines Regime to enable a Canadian company (Apotex) to manufacture a generic fixed dose combination (FDC) antiretroviral (ARV), containing two molecules over which GSK has patent rights (zidovudine and lamivudine) for the treatment of HIV/AIDS in Rwanda.

Medicare :: New Medicaid drug payment rule

A new method of setting limits on what the federal government will reimburse state Medicaid agencies for prescription drug payments ? aimed at reigning in inflated drug product payments ? was announced in a final rule put on display at the Federal Register.

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