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Jim Cramer explains how FTC chair Lina Khan is hurting investor portfolios

by Adrian Jhonsan
Jim Cramer explains how FTC chair Lina Khan is hurting investor portfolios

CNBC’s Jim Cramer outlined the ways that Federal Trade Commission chair Lina Khan has attempted to stop mergers and acquisitions from going through, hurting stock portfolios in the process. “Khan’s …

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Categories World

Bristol Myers Squibb (BMY) Q3 earnings report 2023

by Adrian Jhonsan
Bristol Myers Squibb (BMY) Q3 earnings report 2023

Bristol Myers Squibb on Thursday reported quarterly adjusted earnings that topped expectations and posted revenue in line with estimates, even as sales of the company’s popular blood cancer drug Revlimid …

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Categories World

5 things to know before the stock market opens Monday

by James Odonell
5 things to know before the stock market opens Monday

Here are the most important news items that investors need to start their trading day: 1. Bond yield boost U.S. stock futures slid Monday morning as the 10-year Treasury note …

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Categories Politics

Judge withdraws from Medicare drug price case after stock ownership is revealed

by Shawn Butlere
Judge withdraws from Medicare drug price case after stock ownership is revealed

Ohio Governor Mike DeWine, right, shakes hands with Judge Thomas Rose of the U.S. District Court Southern District of Ohio after taking his oath of office, Monday, Jan. 14, 2019, …

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Categories Health

Medicare drug price negotiations may have muted impact on drugmakers

by Adrian Jhonsan
Medicare drug price negotiations may have muted impact on drugmakers

In this photo illustration, Eliquis is made available to customers at the New City Halsted Pharmacy on August 29, 2023 in Chicago, Illinois. Scott Olson | Getty Images Medicare is …

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Categories World

Most used drugs on Medicare price negotiation list: See the top 3

by Shawn Butlere
Most used drugs on Medicare price negotiation list: See the top 3

Bottles of the drug Jardiance, made by Eli Lilly and Company, sit on a counter at a pharmacy in Provo, Utah, January 9, 2020. George Frey | Reuters Two blood …

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Categories Health

Startups investing millions to make drugs and semiconductors in space

by Ev Richard
Startups investing millions to make drugs and semiconductors in space

In-space manufacturing may sound like science fiction but it’s happening already, albeit on a very small scale. It’s a fledgling market that analysts and several startups are projecting will take …

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Categories Technology

Medicare Price Negotiations: 10 Drugs Likely to Be Targeted This Fall

by Shawn Butlere
Medicare Price Negotiations: 10 Drugs Likely to Be Targeted This Fall

Merck & Co. Inc.’s Januvia brand medication, used to treat Type 2 diabetes. Daniel Acker | Bloomberg | Getty Images Medicare is poised to directly negotiate drug prices with the …

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Categories Health

J&J Takes Legal Action Against Biden Administration for Medicare Drug Negotiations

by Shawn Butlere
J&J Takes Legal Action Against Biden Administration for Medicare Drug Negotiations

Pavlo Gonchar | LightRocket | Getty Images Johnson & Johnson on Tuesday sued the Biden administration over Medicare’s new powers to slash drug prices, making it the third pharmaceutical company …

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Categories Health

Judge asked by Chamber of Commerce to block Medicare drug negotiations

by Shawn Butlere
Judge asked by Chamber of Commerce to block Medicare drug negotiations

The U.S. Chamber of Commerce seal is displayed during restoration at the headquarters in Washington, D.C. Andrew Harrer | Bloomberg | Getty Images The U.S. Chamber of Commerce on Wednesday …

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Categories Health
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