HARI SREENIVASAN: A Southwest Virginia interstate reopened today after a massive pileup killed three people and injured dozens more. Police officials said dense fog triggered 17 separate crashes along I-77 yesterday, all within the span of a mile. The chain reaction involved 95 vehicles in a notoriously foggy mountainous area near the North Carolina border.
The top court in India rejected a patent application from a Swiss drug maker for a major cancer drug. The ruling means Indian makers of generic drugs can keep on making copycat versions of the Novartis drug in question, Gleevec. It’s been highly effective in treating some forms of leukemia. The decision sets a benchmark for intellectual property cases in India. Novartis responded to today’s decision by saying it will not invest in drug research there.
Calm returned to the streets of Kisumu, Kenya, today after a weekend of heavy rioting. The city is home to Raila Odinga, who narrowly lost the presidential race to Uhuru Kenyatta. On Saturday, the Supreme Court confirmed Kenyatta was the winner of the March 4th election. That announcement angered Odinga supporters, who set tires on fire and blocked major roads. Police responded by firing tear gas at the rioters. Kenyatta is expected to be sworn in on April 9th.
Stocks edged lower on Wall Street today in a light day of trading. The Dow Jones industrial average lost more than five points to close above 14,572. The Nasdaq fell 28 points to close at 3,239.
Those are some of the day’s major stories — now back to Margaret.