Ftc Sues Three Largest Drug Middlemen for Allegedly Inflating 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 - 7h -
Is the recent uptick in inflation cresting? Wholesale prices posts smaller-than expected increase.
Wholesale prices in the U.S. rose modestly in December in a reprieve from a string of elevated inflation in the final months of 2024 that have likely put off any further reductions soon in interest ...MarketWatch - 14h -
Texas man arrested for allegedly threatening and stalking Caitlin Clark
A Texas man was arrested in Indianapolis and accused of stalking WNBA star Caitlin Clark, authorities said Monday.NBC News - 1d -
Is US inflation set to rise further?
Market Questions is the FT’s guide to the week aheadFinancial Times - 2d -
Regulators Tell Baltimore Drug Program to ‘Cease and Desist’
Maryland issued the order after an investigation by The New York Times and The Baltimore Banner traced overdoses and deaths to an addiction program offering free housing.The New York Times - 4d -
Consumer expectations for higher inflation soar in early January
Americans’ expectations for overall inflation over the next year jumped to 3.3% in January from 2.8% in the prior month, according to the University of Michigan’s gauge of consumer sentiment.MarketWatch - 4d -
Bengals' Burton allegedly choked, hit woman
Bengals wide receiver Jermaine Burton was allegedly involved in a domestic dispute where he choked and hit his ex-girlfriend, according to a police incident report.ESPN - 4d -
Lawmakers urge FTC to release newest report on pharmacy benefit managers
A bipartisan, bicameral group of lawmakers is calling on the Federal Trade Commission (FTC) to vote in favor of releasing an interim staff report on pharmacy benefit managers (PBM). Sens. Elizabeth ...The Hill - 4d -
World’s largest chip maker, Taiwan Semiconductor Manufacturing, reports record sales
The key supplier of advanced chips for the world’s leading tech companies saw record revenue in the final quarter of 2023.MarketWatch - 4d -
Silicon Valley’s largest start-ups to shun IPOs in 2025
Huge recent fundraising deals for Databricks, SpaceX and OpenAI further delay need for stock market debutsFinancial Times - 5d -
Inside the UK's first legal drug consumption room
The Thistle will open its doors next week after nearly a decade of deadlock over drug laws.BBC 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 -
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 -
Nintendo Switch 2 Accessory Listings At GameStop Allegedly Reveal New Detail
Another day, another Switch 2 detail has apparently leaked out. Accessory listings have allegedly appeared in GameStop's internal computer system for employees. While the usual suspects are ...GameSpot - 5d -
Prominent Vietnamese lawyer goes on trial for allegedly criticizing top judge on Facebook
A prominent Vietnamese lawyer has gone on trial for Facebook posts that allegedly criticized the country's former top judgeABC News - 5d -
Treasury: Covid Stimulus May Have Contributed to Inflation
Treasury secretary Janet Yellen said spending could have have contributed ‘a little bit’ to rising inflation.Inc. - 6d -
Fed braces for Trump inflation bump
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Fed frets about impact of Trump policies on inflation Central bank officials ...The Hill - 6d -
'Largest recorded UK catfish' caught in Essex lake
Shaun Ing and friends used a body bag left over from Halloween to help lift the giant fish.BBC News - 6d -
Passenger arrested after allegedly opening emergency door of plane at Boston airport
A man was arrested after allegedly trying to open the door of a taxiing JetBlue flight at Boston’s Logan International Airport.NBC News - 6d -
Biden establishes largest corridor of protected land by adding 2 new monuments
The two new monuments -- the Chuckwalla and Sáttítla Highlands -- total nearly 850,000 acres, according to the administration.ABC News - Jan. 7 -
Oil companies pay record $5.6M settlement after FTC alleges illegal coordination
Three oil companies will pay a record penalty to settle allegations that they illegally coordinated before a merger between them was complete in 2021 and 2022, the federal government announced ...The Hill - Jan. 7 -
Meta looking for 'sweetheart deal' with Trump: FTC chair
Outgoing Federal Trade Commission (FTC) Chair Lina Khan suggested Tuesday that Meta and other companies facing antitrust lawsuits from the agency might be looking for “sweetheart deals” from the ...The Hill - Jan. 7 -
Louisiana mayor arrested after drug trafficking investigation
Seven people — including Tyrin Truong, mayor of Bogalusa, Louisiana — are facing charges issued in connection with a drug trafficking investigation.CBS News - Jan. 7 -
Ketamine could be reclassified as Class A drug
Illegal use of the drug reached record levels last year, the Home Office said.BBC News - 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 -
Pentagon blacklists Tencent, largest Chinese EV battery maker
The Defense Department has added dozens of Chinese firms to a list of companies that are prohibited from working with the Pentagon and defense industry due to their alleged ties with China's ...The Hill - Jan. 7 -
‘Inflation levels seem to be increasing’: Businesses are worried about tariffs and rising prices.
The holiday shopping season gave a boost to service-oriented companies in December, but top executives were wary of potential Trump tariffs and a recent uptick in inflation.MarketWatch - 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 -
Eurozone inflation jumps to 2.4% in third consecutive rise
Increase damps hope that European Central Bank will boost region’s flagging economy with rate cutsFinancial Times - Jan. 7 -
German inflation rate climbs to 2.6% in December
Yahoo News - Jan. 6 -
Germany to release inflation estimate for 2024
Yahoo News - Jan. 6 -
Hotel Waiter Arrested, Charged for Allegedly Giving Liam Payne Drugs Before Death
Yahoo News - Jan. 5 -
In France, Drug Traffic Spreads to Small Towns
Even quaint corners of the country are seeing a rise in drug violence and crime. Just ask the mayor of Morlaix, which has a population of about 15,000.The New York Times - Jan. 4 -
Smuggled Starlink devices allegedly used to defy India’s internet shutdowns
Civilian and armed groups in conflict-ridden state of Manipur using SpaceX’s satellite internet, sources say. Elon Musk’s satellite-based Starlink – currently unlicensed for use in India – is being ...The Guardian - Jan. 3 -
DHS agents in Utah allegedly sold illicit "bath salt" drugs from evidence
Nicholas Kindle, a special agent in Utah tasked with investigating illegal narcotics trafficking, was arrested three weeks after special agent David Cole.CBS News - Jan. 3 -
Virgin Australia crewmember allegedly sexually assaulted in Fiji
The alleged attacks took place in the nightclub area of the city of Nadi, home to the international airport, officials said.CBS News - Jan. 2 -
Virgin Australia crew members allegedly raped and robbed in Fiji
Two Virgin Australia crew members were allegedly victims of rape and theft in the early hours of New Year’s Day, officials in Fiji said.NBC News - Jan. 2 -
FBI seizes one of the largest stockpiles of homemade explosives in its history
Investigators seized over 150 pipe bombs and other devices when they arrested a Virginia man on a firearms charge. Federal agents in the US found one of the largest stockpiles of homemade ...The Guardian - Jan. 1
