Us Drug Gatekeepers Face Ftc Antitrust Lawsuit over Insulin Prices
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Top 3 drug insurers reaped billions as their drug middlemen inflated prices, FTC alleges
Regulators published their most detailed findings yet on how some of the nation’s largest companies profited from ‘excess’ prescription price hikes of 1,000% or more.NBC News - 12h -
Apple Faces $1.8 Billion Lawsuit in U.K. Court Over App Store
Lawyers representing the class action said that Apple excluded potential rivals from competing for customers on devices running its iOS operating system by forcing developers to sell their apps ...The Wall Street Journal - 1d -
TikTok, Facing a US Ban, Is Also Waging Legal Battles Around the World
TikTok is challenging a possible ban or forced sale to new owners in the United States, but has for several years been waging other fights in at least 20 countries.The New York Times - 4d -
Google faces first major probe under UK's tough new antitrust rules
Britain's competition watchdog said Tuesday that it's opening a formal antitrust investigation into Google's search and search advertising business.CNBC - 19h -
GSK to buy US cancer drug firm IDRx for up to $1.15bn
Massachusetts-based company is working on new treatments for gastrointestinal cancers. Business live – latest updates GSK has struck a deal worth up to $1.15bn (£950m) to acquire a ...The Guardian - 1d -
Apple to face court over claims it overcharged UK users on App Store
Class action alleges company is abusing its dominant position in the app market and 30% fee breaches laws. Business live – latest updates Apple will appear in court on Monday accused of ...The Guardian - 1d -
Los Angeles area wildfire evacuees face price gouging
Forced to evacuate their homes amid perilous wildfires, Los Angeles residents now face price gouging while trying to find places to live.CBS News - 2d -
DC's Amazon lawsuit reminds us that safety is a luxury for Black Americans
While America was getting more violent, it was Black Americans who felt the increase most acutely.The Hill - 3d -
Elected officials in California facing criticism over wildfire response
At least 10 people are dead and over 300,000 have been ordered or warned to evacuate as wildfires continue to devastate parts of Southern California. Some residents have been quick to blame ...CBS News - 4d -
TikTok, Facing a US Ban, Is Also Waging Legal Battles Around the World
TikTok is challenging a possible ban or forced sale to new owners in the United States, but has for several years been waging other fights in at least 20 countries.The New York Times - 4d -
Fox Must Face Smartmatic's Defamation Lawsuit, Appeals Court Rules
The voting-machine company seeks billions in damages.The Wall Street Journal - 5d -
Alec Baldwin files lawsuit over manslaughter charge in fatal "Rust" shooting
The lawsuit was filed in Santa Fe, where a judge in July dismissed a charge of involuntary manslaughter against Alec Baldwin in the death of cinematographer Halyna Hutchins.CBS News - 5d -
Fox Must Face Smartmatic’s $2.7 Billion Defamation Lawsuit, Court Rules
The complaint, which arose out of Fox News’s promotion of vote-rigging conspiracy theories after the 2020 U.S. presidential election, is on track to proceed to trial.The New York Times - 5d -
Los Angeles mayor faces backlash over wildfires
Los Angeles Mayor Karen Bass repeatedly dodged questions about her leadership and alleged lack of initial presence during the ongoing wildfires affecting the area.ABC News - 5d -
Prices of top 25 Medicare Part D drugs have nearly doubled, AARP study finds
AARP's new research finds price growth for top Part D prescription drugs has exceeded inflation, making a case for allowing Medicare to negotiate prices.CNBC - 5d -
Price Stability Slowly Returns to Used Car Markets
Reduced new auto production during the pandemic cut used car supplies, too, contributing to double-digit price fluctuations and sector instability that may finally be ending.Inc. - 5d -
Weight-loss drugs like Ozempic may be up for Medicare price negotiations — will Trump support it?
Medicare’s drug pricing negotiations — the first of their kind in the United States, passed under President Joe Biden — face an uncertain future in the incoming Trump administration.NBC News - 5d -
Smith dumps Diageo stake over impact of weight-loss drugs on alcohol demand
Veteran stockpicker sells shares in spirits brand because drinks sector is being ‘impacted negatively’Financial Times - 5d -
The looming battles over US economic policy thinking
Both Republicans and Democrats are split between populist and oligarchic visionsFinancial Times - 5d -
Used vehicle prices expected to continue to stabilize in 2025 after pandemic volatility
Used vehicle prices are expected to continue to stabilize in 2025 after swinging wildly for several years before starting to calm down in 2024.NBC News - 6d -
Used vehicle prices expected to continue to stabilize in 2025 after pandemic volatility
Cox Automotive expects wholesale prices on its Manheim Used Vehicle Value Index will end this year 1.4% higher than in December 2024.CNBC - 6d -
Blinken on US taking over Greenland: 'Not going to happen'
Secretary of State Antony Blinken dismissed President-elect Trump’s idea of the U.S. owning Greenland, saying it’s “obviously” not going to happen. “The idea expressed about Greenland is obviously ...The Hill - 6d -
Four cases to test Trump’s antitrust strategy
The new antitrust team appointed by President-elect Trump includes bipartisan members with no clear indication of their enforcement approach, but historic precedent suggests that they may not ...The Hill - 6d -
Met to face inquiry over handling of Mohamed Al Fayed allegations
Internal inquiry, overseen by IOPC, will seek to establish if there were ‘any missed opportunities or failures’. The police watchdog is to examine new complaints from victims of Mohamed Al Fayed ...The Guardian - 6d -
US probing Teslas over driverless feature
The U.S. government is probing Tesla over a driverless feature in its electric vehicles, according to the National Highway Traffic Safety Administration (NHTSA). The NHTSA cited Tesla's "Smart ...The Hill - Jan. 7 -
FTC Chair Khan hopes Amazon, Facebook won't get 'sweetheart deal' from Trump in antitrust cases
Lina Khan, who was tapped by President Joe Biden to lead the FTC, is set to be replaced by President-elect Donald Trump's pick Andrew Ferguson.CNBC - Jan. 7 -
Consumers could face price rises of 20% in 2025, trade experts warn
Global instability and possibility of Trump administration imposing tariffs may disrupt flow of goods . The price of household staples including food and drink could climb by as much as 20% in 2025 ...The Guardian - Jan. 7 -
FTC chair hopes Amazon, Facebook won't get 'sweetheart deal' from Trump in antitrust cases
Federal Trade Commission Chair Lina Khan said Tuesday she hopes the incoming Trump administration will not let Amazon and Facebook parent Meta off the hook from pending antitrust lawsuits by her ...NBC News - Jan. 7 -
With N.Y.C. Congestion Pricing, Drivers Face a New Weekday Reality
The first Monday commute under New York City’s new tolling plan went smoothly, but officials are still assessing how the program is affecting traffic patterns.The New York Times - Jan. 6 -
Lawsuit alleges Biden blocked US Steel-Nippon Steel merger for political reasons
The Biden administration blocked the deal over alleged national security concerns.ABC News - Jan. 6 -
U.S. Steel, Nippon file lawsuits over Biden's block of merger
U.S. Steel and Nippon Steel filed lawsuits Monday over President Joe Biden's blockage of the Japanese company's proposed takeover of its Pittsburgh-based rival for nearly $15 billion. CBS News ...CBS News - Jan. 6 -
Assad’s fall is an opportunity for a US win over China
Trump may believe that Syria is “not our fight,” but the competition with China is very much ours and will undoubtedly be a focus of his administration.The Hill - Jan. 5 -
Mike Johnson secures US House speakership after facing internal dissent
Three Republicans voted for someone else, but two later changed their votes while all Democrats backed Jeffries. After initially facing internal dissent, the Trump-endorsed Republican Mike ...The Guardian - Jan. 3 -
Pharma giant seeks to join lawsuit against FDA over weight loss drugs
Eli Lilly is seeking to end a lawsuit filed by a pharmacy trade group against the Food and Drug Administration (FDA) by joining as a defendant, stating it wants to end the "entitlement" some ...The Hill - Jan. 2 -
Apple Agrees to Pay $95 Million to Settle Lawsuit Over Recordings Tied to Siri
The class-action lawsuit alleged the company obtained private communications and shared them with third parties without consent through Siri.The Wall Street Journal - Jan. 2 -
US rapper Ice Spice faces fan backlash over ‘disrespectful’ five-minute appearance at Brisbane gig
Fans at the New Year’s Eve Wildlands festival, which cost up to $242 a ticket, were disappointed after the headline act was 25 minutes late for her 30-minute set. Get our breaking news email , ...The Guardian - Jan. 2 -
Blake Lively and Justin Baldoni file lawsuits over It Ends With Us
Federal action comes hours after film’s director sued New York Times for libel over story about Lively’s accusations. The actor Blake Lively has sued the director of It Ends With Us, Justin ...The Guardian - Jan. 1 -
Russian and Iranian groups face sanctions over election disinformation
The U.S. has imposed sanctions on two groups linked to Russian and Iranian disinformation campaigns targeting this year's election.CBS News - Dec. 31
