Buffett warns of public pension 'tapeworm,' Bloomberg reports Berkshire Hathaway's Warren Buffett says public pension plans threaten the financial health of U.S. cities and states to a greater degree than taxpayers realize, reports Bloomberg. In his annual report to Berkshire shareholders, he wrote: “Citizens and public officials typically under-appreciated the gigantic financial tapeworm that was born when promises were made.” Reference Link
Dako announces collaboration agreement with Amgen Dako, an Agilent Technologies (A) company, announced a new Master Collaboration Agreement with Amgen (AMGN). The expanded collaboration will allow both companies to benefit from knowledge-sharing within the field of drug-diagnostic research and development in general, and in relation to companion diagnostic products in particular. The financial details of the agreement were not disclosed.