(Reuters) – Five pharmaceutical companies said on Friday they have filed a complaint in a Canadian court challenging the constitutionality of new Canadian regulations meant to lower patented drug prices, setting up a fight with the federal government ahead of an Oct. 21 election. The complaint was filed in Quebec’s Superior Court by the Canadian […]
CHICAGO (Reuters) – (The opinions expressed here are those of the author, a columnist for Reuters.) FILE PHOTO: Pharmaceutical tablets and capsules are arranged in the shape of a U.S. dollar sign on a table in this picture illustration taken in Ljubljana, Slovenia, Aug. 20, 2014. REUTERS/Srdjan Zivulovic/File Photo Medicare experts often advise enrollees to […]
NEW YORK (Reuters) – The U.S. Centers for Disease Control and Prevention is investigating a “cluster” of lung illnesses that it believes may be linked to e-cigarette use after such cases were reported in 14 states. FILE PHOTO: A man vapes outside an office block in Manchester, Britain, February 6, 2019. REUTERS/Phil Noble/File Photo The […]
NEW YORK (Reuters) – Wall Street stumbled on Wednesday as investors fled equities for safe-haven assets, seeking shelter amid gathering signs that a recession could be on the horizon. All three major U.S. indexes were sharply lower as short- and long-dated Treasury yields inverted for the first time in 12 years, a potential signal of […]
Revenue of $1.6 Million for the Second Quarter ended June 30, 2019, Increased by Approximately $800,000 or 94% Gross Profit of $61,545 for the Second Quarter ended June 30, 2019 Increased by Approximately $42,000 or 229% Cleaned up and strengthened the balance sheet, no debt outstanding SAN DIEGO, Aug. 14, 2019 (GLOBE NEWSWIRE) — Envision […]
NEW YORK (Reuters) – Wall Street sold off sharply on Wednesday as recession fears gripped the market after the U.S. Treasury yield curve temporarily inverted for the first time in 12 years. All three major U.S. indexes closed down about 3%, with the blue-chip Dow posting its biggest one-day point drop since October after 2-year […]
FILE PHOTO: A sign marks a Fidelity Investments office in Boston, Massachusetts, U.S. September 21, 2016. REUTERS/Brian Snyder BOSTON (Reuters) – Fidelity Investments’ courtroom battle with the IRS over disallowed tax credits drew to a close on Tuesday when lawyers clashed over whether the mutual fund giant was a bonafide partner in the production of […]
German pharmaceutical firm Bayer’s shares jumped by up to 11 percent on Friday, after media reported that the company may settle the avalanche of US lawsuits over weed killer Roundup for $8 billion. Bayer has deployed its legal team for talks with former Roundup users’ lawyers, Blomberg reported, citing sources. The negotiations, currently ongoing in […]
FRANKFURT (Reuters) – Bayer AG has not offered to pay billions of dollars to settle claims in the United States related to the Roundup herbicide, mediator Ken Feinberg said, after a report of such a settlement had driven shares as much as 11% higher. FILE PHOTO: The logo of Bayer AG is pictured at the […]
LONDON (Reuters) – Bayer (BAYGn.DE) shares soared as much as 11% on Friday on a report that the German company has proposed to pay up to $8 billion to settle more than 18,000 U.S. lawsuits related to its glyphosate-based weedkiller Roundup. FILE PHOTO: The logo of Bayer AG is pictured at the facade of the […]