The state is taking action against three major drug companies and the big pharmacy benefit managers in an effort to temper costs for people with diabetes.
Category: Law and Legislation
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California Sues Companies Over Insulin Prices, Joining Other States
The New York Times – Business: -
How Close Is the U.S. to Hitting the Debt Ceiling? How Bad Would That Be?
The New York Times – Business:The United States has a cap on the amount of money it can borrow. That means it can run out of cash if the limit isn’t lifted.
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Medicare Begins to Rein In Drug Costs for Older Americans
The New York Times – Business:Reforms embedded in the Inflation Reduction Act will bring savings to seniors this year. Already some lawmakers are aiming to repeal the changes.
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F.A.A. Outage Highlights Fragility of the Aviation System
The New York Times – Travel:The Federal Aviation Administration halted flights Wednesday morning after a system to alert pilots to safety issues went down, just two weeks after a major Southwest Airlines meltdown.
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R.J. Reynolds Pivots to New Cigarette Pitches as Flavor Ban Takes Effect
The New York Times – Business:Now that California’s tobacco prohibitions are in place, some Camel and Newport items are billed as newly “fresh” or “crisp” non-menthol versions.
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Korean Solar Company Plans to Build $2.5 Billion Plant in Georgia
The New York Times – Business:Hanwha Qcells expects to make solar panels and their components in the United States to take advantage of President Biden’s climate policies.
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Why Are Energy Prices So High? Some Experts Blame Deregulation.
The New York Times – Business:California and the 34 other states that have deregulated all or parts of their electricity system tend to have higher rates than the rest of the country.
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Tim Wu, Architect of Biden Antitrust Push, to Leave White House
The New York Times – Business:Tim Wu has been a leading proponent of a more aggressive approach to reining in the power of big business.
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Biden Signs Government Funding Bill, Preventing Shutdown
The New York Times – Business:The $1.7 trillion measure includes more money for the military and law enforcement, along with an overhaul of how Congress counts electoral votes in presidential elections.
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Do You Want to Buy a House in Canada? Not So Fast.
The New York Times – Travel:Beginning Jan. 1, America’s neighbor to the north will ban most foreigners from buying residential property for two years. Why?