2 am: 52°FPartly Cloudy

4 am: 47°FMostly Clear

6 am: 48°FSunny

8 am: 54°FPartly Sunny

More Weather

Tickets available for entrepreneurs event

Nov. 24, 2012 @ 12:00 AM

HUNTINGTON -- Tickets are still available for Unlimited Future Inc.'s special Holiday Entrepreneurs' Cafe, planned for Wednesday, Nov. 28.

It will be at noon at Savannah's Restaurant, and it will feature four business presenters and a larger prize than in the past. Those who attend and buy lunch get a chance to vote for their favorite business idea, and the entrepreneur with the most votes wins a cash prize plus services donated by other local businesses.

The price for this event will be $20 per person, $15 of which goes toward the winning entrepreneur at each event and $5 of which goes to the lunch.

The presenters are: Toni Karle of The Red Door, Tina Mae Turner of The Relaxmax Massage Center, Pam Cabell of Outside the Box, and Amy Ward of A.Connexion LLC.

There also will be presentations by past winners and door prizes.

Guests can prepay with a credit card or pay at the door with either cash or a check. To sign up as an audience member, go to www.unlimitedfuture.org or call 304-697-3007.

Ranbaxy recalls generic Lipitor cholesterol doses

TRENTON, N.J. -- Ranbaxy Pharmaceuticals Inc. has recalled dozens of lots of its generic version of cholesterol drug Lipitor because some may contain tiny glass particles, the latest in a string of manufacturing deficiencies that once led U.S. regulators to bar imports of the Indian company's medicines.

Ranbaxy, a subsidiary of Ranbaxy Laboratories Ltd., India's biggest drugmaker, is operating under increased scrutiny from the U.S. Food and Drug Administration because of quality lapses at multiple Ranbaxy factories over the past several years. The FDA also has alleged the company lied about test results for more than two dozen of its generic drugs several years ago.

On Friday, Ranbaxy posted a notice on its U.S. website, saying it's recalling 10-, 20- and 40-milligram doses of tablets of atorvastatin calcium. That's generic Lipitor, the cholesterol fighter that reigned for years as the world's top-selling drug.

Oil prices climb on new fears over Gaza,Israel

NEW YORK -- Oil prices climbed Friday after Israeli troops fired on crowds in Gaza surging toward the border fence, killing one Palestinian.

Benchmark crude ended the trading day up 90 cents to $88.28 a barrel on the New York Mercantile Exchange.

Brent, which is used to price international varieties of oil, was up 83 cents to $111.38 a barrel.

Friday's killing is the first violence since a truce between Israel and the militant Hamas group was reached two days ago. Prior to the shooting, oil prices had been falling, thanks mostly to optimism over the stability in the region that the cease-fire agreement provided.

Israel launched an offensive on Nov. 14 to halt rocket fire from Gaza, unleashing some 1,500 airstrikes on Hamas-linked targets, while Hamas and other Gaza militants showered Israel with just as many rockets. The truce reached Wednesday had eased fears of a war that could broaden beyond Gaza and eventually disrupt oil supplies.

Paul Tossetti, senior director of markets and country strategies at PFC Energy, said prices were linked to the action in Gaza but that he expects this to be a temporary bump and that the cease fire would ultimately hold.

"I expect the market might back away from those concerns," he said.

Traders are also looking ahead to the next meeting of the Organization of the Petroleum Exporting Countries on Dec. 12. Tossetti said OPEC has been maintaining high levels of production but he doesn't expect anything to change at the upcoming meeting.