Karma of The Day: Drug Company Steps Up to Screw With Greedy CEO Martin Shkreli
Via: AP
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When Martin Shkreli isn't busy jacking up the price of a life-saving cancer and AIDS drug by 5,000 percent or being an idiot on Twitter, the disgraced pharmaceutical CEO is neck deep in sweet Karma.

San Diego-based Imprimis Pharmaceuticals Inc. announced they will sell the same exact drug Shkreli's company Turing Pharmaceuticals does, but for only $1 a pill.

Shkreli charges $750 a pill.

"We are looking at all of these cases where the sole-source generic companies are jacking the price way up," Mark Baum, Chief Executive at Imprimis, told the AP.

"There'll be many more of these."

Meanwhile, Shkreli decided to start a spat with CNBC on Twitter.

Martin Shkreli, the poor man's Donald Trump.

Via: CNN
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Some of the big names in air travel are getting a little scared of 22-year old kid from New York.

Aktarer Zaman launched a new travel site called in 2013, which offers cheaper tickets using a simple strategy that is often overlooked.

His site takes advantage of "hidden city" ticketing, in which you buy a one-way ticket somewhere else with a layover in your destination city.

The prices can occasionally be much cheaper than if you only looked for direct flights, but you can't check any bags or they will end up in the wrong city.

Before Skiplagged, you would have to guess and check various destinations to see which flights had layovers in the city you intended to travel.

Experts are saying the trick isn't necessarily illegal, but it could definitely hurt the airline business.

Orbitz and United Airlines are both suing Zaman for "unfair competition" and want $75,000 in lost revenue.

"This has to do with market competition," Zaman said in a recent AMA on Reddit. "I.e. Airlines want to offer City A to City C, but can only do that with multiple flights. Consumers are less inclined towards multiple flights unless it offers them savings."

The founder has set up a crowdfunding site to collect money for the legal fees, and he's almost reached his goal of $15k.

His message on the site reads:

Skiplagged's sole purpose has always been to help you become savvy travelers. We have been doing that by exposing pricing inefficiencies for air travel, among other things. Unfortunately, we have been doing too good of a job so United Airlines and Orbitz recently teamed up with a lawsuit to get in the way. Everything Skiplagged has done and continues to do is legal, but the only way to effectively prove this is with lawyers. Please show your support for Skiplagged by donating towards this campaign to help fund our legal team.

The site was having trouble loading on Tuesday due to an overload of traffic, according to their Facebook and Twitter accounts.

cute,cat cafe,tea,Cats,business,KitTea
Via: sfist
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That's right, a cat cafe (that's a cafe filled with cats) is coming to the City by the Bay later this year. Founders David Braginsky and Courtney Hatt, who have dubbed the cafe "KitTea" describe their business as "part 'gourmet tea house' and hart 'cat and human oasis.'"

The goal of KitTea is to not only provide homeless cats with a place to call home, but to also bring humans and cats together in purrfect harmony. Here's how the cafe is described to work:

Patrons will partake of all the enjoyment and therapy that cats provide, while enjoying healthy blends of exotic teas that are ecologically sourced from around the world. Our cats will enjoy a high-quality, elegant home constructed expressly for their pleasure.
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Hostess, the maker of Twinkies and Wonderbread, is on the express lane to liquidation after a union strike that began last week had crippled its production and delivery lines. It's no secret that the American bakery manufacturer has been in financial decline; the company initially filed for Chapter 11 Bankruptcy back in 2004, which lasted for five years before resurfacing as a private company in 2009, only to declare bankruptcy again earlier this year in January 2012. According to Hostess' spokesperson, all of its business operations have been suspended in 33 plants across the country and most of its 18,500 employees will lose their jobs as a result of the liquidation. Today's news has already prompted a mourning period on the Internet with various tributes to Hostess, including this "Ode to Hostess" mashup by YouTuber Meldude10.

You Saw This Coming of the Day is a feature series following the latest news in current events that have been on the ticking clock, as well as social media commentaries that are predictable or cyclical in nature.

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