The Ticker

Pfizer pays $35M to settle marketing case

Pfizer will pay $35 million to resolve allegations by 42 states that its subsidiary, Wyeth Pharmaceuticals, illegally marketed an organ transplant drug for unapproved uses. Massachusetts will get $726,000 under the settlement.

The states' attorneys general said yesterday that Wyeth, which Pfizer bought in 2009, trained sales representatives to encourage doctors to prescribe Rapamune for uses other than preventing rejection of transplanted kidneys.

Rapamune was approved in 1999 for use in kidney transplant patients. Promoting drugs for uses not cleared by the Food and Drug Administration is illegal.

Experts divided on job impact of robots

A new survey released yesterday by the Pew Research Center's Internet Project and Elon University's Imagining the Internet Center found that, when asked about the impact of artificial intelligence on jobs, nearly 1,900 experts and other respondents were divided over what to expect 11 years from now.

Forty-eight percent said robots would kill more jobs than they create, and 52 percent said technology will create more jobs than it destroys.

Vineyard town can challenge gaming hall

A federal judge has ruled that a Martha's Vineyard town and a local taxpayers association can join the state's lawsuit challenging plans to build a gambling facility on tribal land on the resort island.

Judge F. Dennis Saylor yesterday said both the town of Aquinnah and the Aquinnah/Gay Head Community Association have legal standing to intervene in the case because both were party to a 1983 settlement between the state and the Aquinnah Wampanoags that gave the federally recognized tribe ownership of roughly 400 acres on the western tip of Martha's Vineyard.

TODAY

•  Labor Department releases weekly jobless claims.
•  Federal Reserve releases consumer credit data for June, 3 p.m.
•  Selected chain retailers release July sales.

TOMORROW

• Labor Department releases second-quarter productivity data.
• CohnReznick, the 10th largest accounting, tax and advisory firm in the U.S., has announced that Keith Denham, left, will join the firm as managing principal and national director of CohnReznick Advisory Group. Denham will lead the national advisory services arm of the firm.
•  FORGE Worldwide has promoted Nicholas Vitale to studio manager from designer/production. Vitale will be responsible for print production and vendor management at the agency.

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