RISK SPURS RECALL OF ARTHRITIS DRUG.WASHINGTON - Drugmaker ESI (Edge Side Includes) A markup language for Web pages that enables elements of a Web page to be dynamically assembled in servers distributed throughout the Internet. Lederle announced Thursday that it is recalling 4.2 million capsules of the arthritis drug etodolac etodolac /eto·do·lac/ (e-to-do´lak) a nonsteroidal antiinflammatory drug used as an analgesic and antiinflammatory, especially to treat arthritis. e·to·do·lac n. because they are contaminated contaminated, v 1. made radioactive by the addition of small quantities of radioactive material. 2. made contaminated by adding infective or radiographic materials. 3. an infective surface or object. with another drug that could cause life-threatening problems in some patients. The manufacturer said the recall covers one lot - No. 9991052 - of 300 milligram milligram /mil·li·gram/ (mg) (mil´i-gram) one thousandth (10-3) of a gram. mil·li·gram n. Abbr. mg A metric unit of mass equal to one thousandth (10-3) of a gram. capsules of the drug used in arthritis and pain management. The capsules were distributed nationwide. The company said the etodolac was contaminated during manufacture with the drug acebutolol hydrochloride acebutolol hydrochloride Monitan (CA), Rhotral (CA), Sectral Pharmacologic class: Beta-adrenergic blocker (selective) Therapeutic class: Antihypertensive, antiarrhythmic (class II) . - Associated Press Associated Press: see news agency. Associated Press (AP) Cooperative news agency, the oldest and largest in the U.S. and long the largest in the world. Owens Corning files bankruptcy TOLEDO, Ohio - Owens Corning filed for bankruptcy protection Thursday after it ran out of options to pay asbestos lawsuit claims that could eventually cost the company $7 billion. The supplier of building and industrial materials estimated it has paid or agreed to pay $5 billion. It faces about $2 billion more in asbestos payouts even though it stopped selling insulation that contained asbestos more than 25 years ago. Toledo-based Owens Corning, probably most familiar for its Pink Panther mascot, has paid money to 440,000 people who said asbestos made them ill. Asbestos payments this year will reach $600 million - more than Owens Corning expects to get in sales from its building products. - Associated Press Fewer flights land on time in month WASHINGTON - Airline on-time performance continued to slip last month, falling to 70 percent for the 10 largest carriers, the Transportation Department reported Thursday. That was below the 70.3 percent on-time rating in July, though not as bad as June's 66.3 percent rate. - Associated Press Telecom firm gets working capital WESTLAKE VILLAGE - Franklin Telecommunications said Thursday that it raised $2.5 million in a round of financing. Franklin Chairman Frank Peters said the funds would be used for general working capital purposes. The company makes telephony equipment enabling voice, data and fax transmissions over the Internet. - Daily News Recalled model issued as spares DETROIT - Some new Ford Ranger pickups come equipped with a 15-inch Firestone ATX See ATX motherboard. (hardware, standard) ATX - An open PC motherboard specification by Intel. ATX is a development of the Baby AT specification with the motherboard rotated 90 degrees in the chassis. tire as a spare - the same type as those involved in a nationwide recall - though both companies say the spare tires have several structural differences. ``We have no indication there's a safety issue with these tires'' as spares, Ford Motor Co. spokesman Mike Vaughn said Thursday. ``If somebody wants to come up with data that there's an issue with spare tires, we'll deal with it, but we want to focus on replacing the bad tires on the road.'' - Associated Press Europeans boost rates for 6th time FRANKFURT, Germany - In an unexpected move, the European Central Bank European Central Bank (ECB) Bank created to monitor the monetary policy of the countries that have converted to the Euro from their local currencies. The original 11 countries are: Austria, Belgium, Finland, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, Portugal, increased interest rates Thursday for the sixth time this year as its top banker warned that stubbornly high oil prices and a weak currency could spill over into higher prices at the corner store. ECB See electronic code book. President Wim Duisenberg said the quarter-percentage point increase to 4.75 percent was meant to keep inflation in check, but economists speculated that the step was also taken to bolster last month's market intervention and give needed support to the region's struggling currency, the euro. - Associated Press |
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