NPR's business news starts with cheaper cholesterol drugs for many Americans.
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INSKEEP: The drug maker Pfizer has lost the patent on its drug Lipitor. The patent expired in the United States yesterday. And on the same day, regulators granted an Indian company approval to sell a cheaper, generic version of the cholesterol drug in the U.S. market.
As Americans debate how to revive their economy, nations in the developing world are looking for ways to keep their growth going - including India, where the government promises to help some of its poorest people, who live in remote areas without services or even official identities. NPR's Corey Flintoff reports on a program that starts with a tiny piece of land.
Sen. Sherrod Brown, D-Ohio, speaks on Capitol Hill about the Hire Heroes Act, which gives tax breaks to businesses that hire unemployed veterans. Vets that have served since 2001 face a higher unemployment rate than the population overall.
Credit Courtesy Tom Tarantino
Tom Tarantino stands in a bunker in Iraq. He served in the military for 10 years, and now works as an advocate for veterans at Iraq and Afghanistan Veterans of America.
The jobless rate has declined a bit in the last year, but among veterans who served in conflict since 2003, it is increasing. The unemployment rate for vets serving since the Iraq war began has risen 1.5 percentage points to more than 12 percent in the past year.
Many veterans say they face a tougher job market than civilians. Tom Tarantino spent a decade in the military, where he served in Iraq and led a platoon. But when he separated from the military in 2007, he spent nearly a year looking for a job.
The world's largest supporter of AIDS programs has made an ominous announcement: Due to the global financial crisis, it is well short of its fundraising goals.
The Global Fund to Fight AIDS, Tuberculosis and Malaria pays for more than half of the world's HIV medicine, and supports hundreds of education and advocacy programs worldwide. With World AIDS Day on Thursday, many are worried about what that means for the future of the war on AIDS.
Bluebox Now CEO Naresh Dhiman attends a TechStars retreat with other startup founders at a cabin outside Seattle. His wife is considering getting a job so he can continue to focus on the company.
Credit Shlomi Atar / Courtesy TechStars
Chad Reed, co-founder of Bluebox Now, practices his pitch to potential investors. The company participated in a startup boot camp in Seattle called TechStars.
Credit Courtesty TechStars
A crowd mills at Demo Day for the technology incubator TechStars in Seattle, where a group of startups presented their pitches to investors. Marketing firm Bluebox Now pitched their product at Demo Day, but faces tough decisions about their future.
Launching a new company is never easy. But in the beginning, the founders of Web-based marketing firm Bluebox Now felt they were on track. The Seattle startup lined up a large paying customer, had a lot of other great leads and was reasonably confident it would get a sizable amount of outside funding. A lot has happened since then.