[DIGEST: New York Times, Huffington Post]

Much-reviled pharma-CEO, Martin Shkreli, has been ousted from his position as chief executive of Turing Pharmaceuticals, according to the New York Times. A Turing spokesperson acknowledged Shkreli’s resignation following his arrest, after being charged with securities fraud and conspiracy.

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[Digest: Bloomberg; Daily News; Reuters]

Widely despised pharmaceutical CEO Martin Shkreli, who earned his notoriety by artificially inflating the price of a life-saving AIDS medication by 5,000%, was arrested at his home in Manhattan on Thursday.

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