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Merck Sues Over Medicare Drug-Price Negotiation Law

Drugs (Pharmaceuticals) Health Insurance and Managed Care Inflation Reduction Act of 2022 Medicare Merck & Company Inc Prices (Fares, Fees and Rates) Suits and Litigation (Civil)

Merck Sues Over Medicare Drug-Price Negotiation Law

The company is heavily reliant on a cancer drug that could be targeted by a program intended to lower drug prices.

By Rebecca Robbins

Europe Frets U.S. Battery Factory Subsidies Will Hurt, Not Help

Batteries Bayerische Motorenwerke AG Building (Construction) China Electric and Hybrid Vehicles Europe Factories and Manufacturing Germany Global Warming Greenhouse Gas Emissions Inflation Reduction Act of 2022 International Relations Law and Legislation Lithium (Metal) Mercedes-Benz Politics and Government Supply Chain Sweden Tax Credits, Deductions and Exemptions United States United States International Relations Volkswagen AG

Europe Frets U.S. Battery Factory Subsidies Will Hurt, Not Help

The European Union is trying to assemble the building blocks to produce electric cars, but subsidies are luring companies to the United States.

By Jack Ewing and Melissa Eddy

Hyundai and LG Plan $4.3 Billion Battery Plant in Georgia

Batteries Electric and Hybrid Vehicles Factories and Manufacturing Georgia Hyundai Motor Co Inflation Reduction Act of 2022

Hyundai and LG Plan $4.3 Billion Battery Plant in Georgia

The facility is the second battery project under development in the state by Hyundai Motor Group and may bring 3,000 jobs.

By Ivan Penn

G7 Countries Borrow China’s Economic Strategy

Biden, Joseph R Jr Europe Factories and Manufacturing Global Warming Inflation Reduction Act of 2022 Supply Chain United States

G7 Countries Borrow China’s Economic Strategy

Wealthy democracies rev up an effort to spend trillions on a new climate-friendly energy economy, while stealing away some of China’s manufacturing power.

By Jim Tankersley and Ana Swanson