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S&P 500, Dow close at record highs

The Dow and S&P 500 rose on Thursday to close at record highs. As Fred Katayama reports, health insurers gained after the Trump administration scrapped a plan designed to rein in prescription drug prices......»»

Category: videoSource: reutersJul 11th, 2019

S&P 500, Dow climb as health insurers, financials gain

The Dow and S&P 500 rose on Thursday to close at record highs as health insurers gained after the Trump administration scrapped a plan designed to rein in prescription drug prices, while financial shares climbed with bond yields......»»

Category: topSource: reutersJul 11th, 2019

The Wall Street Journal: The Trump administration is dropping its plan to curb drug rebates

The Trump administration is dropping a plan to curb billions of dollars in annual rebates that drugmakers give middlemen in Medicare, a proposal it had said would drive down the prices consumers pay for prescription drugs......»»

Category: topSource: marketwatchJul 11th, 2019

Trump might send captured ISIS fighters to Guantanamo, but critics warn this could turn them into recruiting posters for terrorism

REUTERS/Lucas Jackson The Trump administration is reportedly mulling over a plan to send several captured, high-value ISIS fighters to the US detention facility at Guantanamo Bay. Experts warn moving these ISIS fighters to Guantanamo .....»»

Category: topSource: businessinsiderAug 30th, 2018

Novartis CEO lauds Trump administration plan to overhaul rebates

Novartis AG Chief Executive Vas Narasimhan said his company's prescription drug prices have been "flat to negative" over the last three years, and directed blame for high costs for U.S. patients on industry middlemen that manage drug benefits......»»

Category: topSource: reutersFeb 7th, 2019

Trump gave drug companies a last-minute win on prescription prices. Democrats want Biden to roll it back.

The move set off howls from health advocates who say the plan would eliminate one of the few impediments to sky-high drug prices in the United States......»»

Category: topSource: washpostMar 31st, 2021

Trump aides pushed mass distribution of the unproven drug hydroxychloroquine to millions of patients, report suggests

Alex Wong/Getty Images Emails obtained by Vanity Fair indicate the Trump administration cooked up a plan to distribute the unproven drug hydroxychloroquine to millions of COVID-19 sufferers. Brett Giroir, the Trump adviser overseeing the .....»»

Category: topSource: businessinsiderApr 25th, 2020

Trump"s secret plan to pressure Ukraine reportedly pitted administration officials against each other

Reuters President Donald Trump's request to block nearly $400 million in military aid from Ukraine .....»»

Category: topSource: businessinsiderDec 29th, 2019

Trump plans to allow some drug importation from Canada

The Food and Drug Administration on Wednesday issued a notice of proposed rulemaking that would allow the importation of some prescription drugs from Canada. States and "certain other non-federal government entities" would be ab.....»»

Category: topSource: marketwatchDec 18th, 2019

US to set up plan allowing prescription meds from Canada

 The Trump administration said Wednesday it will cre.....»»

Category: topSource: moneycentralJul 31st, 2019

US to set up plan allowing prescription meds from Canada

 The Trump administration said Wednesday it will cre.....»»

Category: topSource: moneycentralJul 31st, 2019

Stocks of drug distributors and PBM-owners surge after Trump administration pulls rebate proposal

Shares of drug distributors and pharmacy-benefit-manager owners got a boost during Thursday premarket trade after the Trump administration said it would be withdrawing its plan to overhaul the rebates that drugmakers give to middlemen in Medicare......»»

Category: topSource: marketwatchJul 11th, 2019

Judge strikes down rule requiring drug ads to reveal prices

WASHINGTON (AP) — A federal judge Monday blocked a major White House initiative on prescription drug costs, saying the Trump administration lacked the legal authority to require drugmakers to disclose their prices in TV ads. .....»»

Category: topSource: moneycentralJul 9th, 2019

Trump Admin Backs Off Plan To Dump Illegals In Florida - What About San Diego?

Following immense backlash from state lawmakers, the Trump administration is backing off a plan to send thousands of migrants to South Florid.....»»

Category: blogSource: zerohedgeMay 19th, 2019

Trump backs Fla. plan to import lower-cost meds from abroad

In a move sure to get attention in a 2020 battleground state, President Donald Trump indicated Thursday that his administration may approve a Florida plan to import lower-cost prescription drugs from abroad for use by residents......»»

Category: topSource: foxnewsMay 9th, 2019

Drugmakers will have to reveal prices in TV ads, as step to reduce prescription drug costs

Health Secretary Alex Azar says the Trump administration has finalized rules making drug companies disclose prescription prices on T.....»»

Category: topSource: usatodayMay 8th, 2019

Budget office: $177B in added costs from Trump drug plan

Budget experts for Congress say the Trump administration's plan to reduce out-of-pocket drug costs for Medicare beneficiaries will cost taxpayers another $177 billion from 2020-2029......»»

Category: topSource: foxnewsMay 2nd, 2019

Trump team has no plan to go to China for trade talks: official

Trump administration officials have not made any new plans to send a team to China for face-to-face trade talks although there is much work left to be done to reach a deal, White House trade adviser Clete Willems said on Friday......»»

Category: topSource: reutersMar 8th, 2019

For New Trump Drug Plan, a Cautionary Tale in Italy

The Trump administration has drafted an executive order that ties drug costs to performance as a way to lower health-care spending in the U.S. But a similar attempt by Italy for more than a decade hasn’t found much success......»»

Category: topSource: wsjApr 17th, 2018

Italy Serves Cautionary Lesson for New Trump Drug Plan

The Trump administration has drafted an executive order that would direct federal programs to seek out drug plans that tie costs to outcomes as a way to lower health costs. But a similar attempt by Italy for more than a decade hasn’t found much success......»»

Category: topSource: wsjApr 17th, 2018