USA

New federal security rules for issuing driver's licenses could cost $11 billion to implement, raising concerns among states about paying for the changes, according to a survey by the National Conference of State Legislatures released Thursday. The Real ID Act of 2005 will require states to incorporate common security features to prevent tampering or counterfeiting, such as using standard card materials and thorough document verification. Officials from California, which issues 25 million IDs, said it would cost $500 million over five years to comply with the law.

California Attorney General Bill Lockyer on Wednesday sued the six largest US and Japanese automakers, claiming they have caused millions of dollars in damage by creating greenhouse gases, which he argues are a "public nuisance" under both California and federal law.

Richard Branson, the billionaire behind the Virgin brand, said Thursday he will invest about $3 billion to combat global warming over the next decade. The news came during the second day of the Clinton Global Initiative in New York. Branson said he will funnel much of the profits generated by his transportation sectors toward weaning the world off oil and coal.

Wal-Mart Stores Inc. announced a pilot program Thursday that will slash its prices on 291 generic drugs to $4 for a month's supply, potentially luring customers away from pharmacy chains. The pilot program will launch Friday at 65 Wal-Mart, Neighborhood Market, and Sam's Club stores in Florida's Tampa Bay area.

About these ads
Sponsored Content by LockerDome

We want to hear, did we miss an angle we should have covered? Should we come back to this topic? Or just give us a rating for this story. We want to hear from you.

Loading...

Loading...

Loading...

Save for later

Save
Cancel

Saved ( of items)

This item has been saved to read later from any device.
Access saved items through your user name at the top of the page.

View Saved Items

OK

Failed to save

You reached the limit of 20 saved items.
Please visit following link to manage you saved items.

View Saved Items

OK

Failed to save

You have already saved this item.

View Saved Items

OK