Eli Lilly said Thursday that it would increase the prices of medicines in Europe and other developed markets “in order to make them lower” in the U.S., an apparent response to the Trump administration’s calls to do so. It singled out the list price of its popular weight-loss drug in the U.K. as part of that effort. The announcement is …
Read More »Tag Archives: U.S
Tariffs Set to Hit Ireland, Where U.S. Drugmakers Play Tax Games – The New York Times
Tariffs Set to Hit Ireland, Where U.S. Drugmakers Play Tax Games The New York Times Exclusive: US pharma tariffs likely weeks away as Trump plans for Alaska, sources say Reuters White House’s Navarro Says Pharma Tariffs Likely Under Section 232 Probe U.S. News & World Report Trump’s drug tariff announcement still ‘weeks away’: Reuters Fierce Pharma 250% US tariffs pose threat to Canada’s pharma …
Read More »Paramount’s big bet before U.S. sports media doldrums
A version of this article first appeared in the CNBC Sport newsletter with Alex Sherman, which brings you the biggest news and exclusive interviews from the worlds of sports business and media. Sign up to receive future editions, straight to your inbox. The big sports business news this week was Paramount’s surprising $1.1 billion-per-year acquisition of UFC rights, starting in …
Read More »U.S. Jobless Claims Fell Last Week – The Wall Street Journal
U.S. Jobless Claims Fell Last Week The Wall Street Journal US Jobless Claims Edge Lower, Continuing Claims Remain Elevated Bloomberg.com US applications for jobless benefits fell last week and remain in historically healthy range ABC News US weekly jobless claims fall amid low layoffs Reuters Unemployment claims in New Jersey declined last week Central New Jersey News Source link
Read More »Dollar higher as U.S. producer prices surge in July – Reuters
Dollar higher as U.S. producer prices surge in July Reuters S&P 500 recovers from lows, is flat as traders shake off hot wholesale inflation: Live updates CNBC July PPI: U.S. wholesale prices rose 0.9%, much more than expected upi.com Businesses have been eating Trump’s tariffs. That’s starting to change CNN Inflation shock: Core producer prices hit 3-year high in July in ‘head-scratching’ inflation surge Yahoo …
Read More »U.S. producer prices surge in July as Trump tariffs push costs higher
WASHINGTON (AP) — U.S. wholesale inflation surged unexpectedly last month, signaling that President Donald Trump’s sweeping taxes on imports are pushing costs up and that higher prices for consumers may be on the way. The Labor Department reported Thursday that its producer price index — which measures inflation before it hits consumers— rose 0.9% last month from June, biggest jump …
Read More »U.S. issues travel warning for 5 countries: ‘Practice enhanced precautions’
The United States has issued a travel warning for Americans traveling to five countries. The U.S. Centers for Disease Control and Prevention said in an update to its global travel alert that polio is circulating in Finland, Germany, Spain, the United Kingdom, and Kenya. The CDC added those countries to a list that includes more than 30 others with poliovirus …
Read More »Hot U.S. inflation data rattles global bond markets – Reuters
Hot U.S. inflation data rattles global bond markets Reuters 2-year Treasury yield rises after hot producer prices number CNBC US Treasuries Fall as Traders Pare Fed Rate-Cut Bets After PPI Bloomberg.com US2Y jumps as hot PPI print fuels inflation concerns and puts Fed rate path in focus Seeking Alpha US Two-Year, Five-Year Yields Fall to Lowest Levels Since May Yahoo Finance Source link
Read More »Apple launching ‘redesigned Blood Oxygen feature’ on Apple Watch in the U.S. today
Apple has announced that it will release a software update for iPhone and Apple Watch later today with a “redesigned Blood Oxygen feature” for Apple Watch users in the United States. This comes over 18 months after Apple began selling the Apple Watch without the Blood Oxygen feature in America due to a patent dispute. The new feature will be …
Read More »How some of the biggest U.S. companies are using AI to cut workers
An Amazon worker on the picket line during a strike over pay at the Amazon.com Inc. fulfilment center in Coventry, U.K., on Feb. 28, 2023. Bloomberg | Bloomberg | Getty Images Artificial intelligence has emerged as a key tool for companies to drive growth — and reduce labor costs —particularly as pressure mounts for businesses to remain competitive. Companies in …
Read More »