Rep. Lewis warns of looming state aid cuts in FY ‘11

STONEHAM, MA – State Representative Jason Lewis (D-Winchester) warned town officials last week that local aid will almost certainly be slashed this year, but further predicted that FY’12 will prove even worse for the Commonwealth.

Rep. Barney Frank warns of Fannie, Freddie risks

An influential voice on Capitol Hill has unexpectedly called into question the safety of investing in Fannie Mae and Freddie Mac, raising the specter that investors who have lent money to the two firms or bought their mortgage-backed securities could one day suffer losses.

FDA Warns About Liver Risk for Bristol Drug Videx

The FDA said it will change the label for HIV drug Videx to reflect the risk of liver complications.