NBC News
A growing chorus is calling on the Mylan pharmaceutical company to justify its price hikes on EpiPens, a potentially life-saving medication for children and others facing fatal allergies that has little real competition. In 2007, a two-pack of the epinephrine-filled devices went for $56.64 wholesale, according to data gathered by Connecture, a health insurance data specialist....

NBC News
An average of 78 percent of flights on major U.S. airlines arrived on time during the month of June, according to statistics released by the Transportation Department on Wednesday. The on-time statistic is up from 74.8 percent in June 2015, but down from 83 percent this past May. The government counts a flight on time if...

BBC News
Firefighters in California have gained ground in tackling the massive Blue Cut wildfire, containing around 40% and allowing many evacuees to return home. But it was also revealed that some 96 homes had been destroyed in the fire since it broke out on Tuesday. Some 58 sq miles (150 sq km) have been charred in San Bernardino County, 60...

BBC News
The chief executive of Viacom is expected to depart following a fraught, familial battle for control of the US media giant. Philippe Dauman is set to step down next month with a $72m (£55m) payoff as part of a settlement with the company. Before leaving, he is expected to present a plan to sell a small stake in Paramount...

NBC News
Parents may be looking forward to their kids returning to school this fall — but they're probably not so excited about the daily challenges around transportation. Not only do most kids need to be dropped off and picked up from school, they need to get to soccer games, tutoring lessons, play dates, and so on. For...

BBC News
Some call it extreme narcissism, for others, it is just a bit of fun. For Estee Lauder, the selfie is a trend that has helped drive a rise in make-up sales. Cosmetics was the fastest growing division for the company for the full-year to 30 June, with turnover up 9%. The owner of brands such as Clinique, MAC...

BBC News
The City of London and the UK's financial services industry, like the rest of the economy, remains part of the EU's single market. Although the market is not quite as smooth and borderless for financial services as it is for, say, manufacturing, the City has been pretty happy with that deal. Not least because an awful lot...

NBC News
Stock indexes were trading at all-time highs on Monday, building on the record-setting rally of the past few weeks, as oil prices jumped. Oil hit a one-month high of about $48 on rising speculation that major producers may try to work out ways to support prices in an oversupplied market. Strong economic data, upbeat...

BBC News
Australia has blocked the sale of Ausgrid, the country's biggest energy grid, to two Chinese companies over security concerns. Australian Treasurer Scott Morrison officially rejected the bid by the two firms to buy a 50.4% stake in Ausgrid. The sale had already been put on hold last week, a decision which had drawn much criticism from China....

BBC News
The UK government had a smaller budget surplus than expected in July, the first calendar month since the Brexit vote. Public sector net borrowing was in surplus by £1bn for the month, less than the £1.2bn seen a year earlier. July is typically a month of surplus for the public finances, because of revenues from corporation tax. For the...

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