Manufacturers

WASHINGTON | House Dems announce sweeping investigation of drug pricing

WASHINGTON— Jan 14, 2019— A leading House Democrat is announcing a sweeping investigation of the pharmaceutical industry’s pricing practices. Oversight and Reform Committee Chairman Elijah Cummings said Monday that he’s sent letters to 12 major drug manufacturers seeking detailed information and documents about pricing practices for brand-name drugs to treat diseases including cancer, diabetes, kidney … Continue reading WASHINGTON | House Dems announce sweeping investigation of drug pricing

WASHINGTON | The Latest: GOP’s Laxalt concedes in Nevada governor’s race

WASHINGTON — The Latest on Tuesday’s elections for governor and other state offices (all times local): 3:15 a.m. Republican Adam Laxalt has conceded the Nevada governor’s race to Democrat Steve Sisolak. The Associated Press has not called the race, which was one of Democrats’ top targets for flipping control. Republican Gov. Brian Sandoval was term-limited. … Continue reading WASHINGTON | The Latest: GOP’s Laxalt concedes in Nevada governor’s race

NEW YORK | Sears suppliers haunted by ghost of Toys R Us

NEW YORK — Since filing for Chapter 11 bankruptcy, Sears Holdings Corp. has been trying to convince suppliers to keep shipping it merchandise by touting the $300 million in financing it has secured so that its business can continue operating through the holidays. But a growing number of manufacturers who themselves got hurt or watched … Continue reading NEW YORK | Sears suppliers haunted by ghost of Toys R Us

ISTANBUL | US, Saudi tensions rise over killing in Saudi consulate

ISTANBUL — Saudi Arabia’s crown prince “crossed a line” in the killing of journalist Jamal Khashoggi and must pay a price, a leading U.S. Senate Republican said Sunday, in a sign of growing tensions between the United States and its Gulf ally. Bob Corker, chairman of the Senate Foreign Relations Committee, said Saturday on CNN’s … Continue reading ISTANBUL | US, Saudi tensions rise over killing in Saudi consulate

WASHINGTON | US industrial production climbed 0.3 percent in September

WASHINGTON — U.S. industry expanded again in September despite the impact of Hurricane Florence. The Federal Reserve said Tuesday that industrial production, which includes output at factories, mines and utilities, rose 0.3 percent last month. It was the fourth straight increase. The Fed said that Florence reduced September output growth by less than 0.1 percentage … Continue reading WASHINGTON | US industrial production climbed 0.3 percent in September

KANSAS CITY, Mo. | Company wants some Missouri boat death lawsuits dropped

KANSAS CITY, Mo. — The company that owns the Ride the Ducks operation in Branson asked a judge Monday to dismiss some of the lawsuits filed after one of its boats sank in a Missouri lake in July, killing 17 people. Ripley Entertainment said in its motions that the boat’s sinking on Table Rock Lake … Continue reading KANSAS CITY, Mo. | Company wants some Missouri boat death lawsuits dropped

SACRAMENTO, Calif. | Judge tosses lawsuit against California drug price law

SACRAMENTO, Calif. — A federal judge has dismissed a lawsuit seeking to block a California law requiring pharmaceutical companies to give advance notice before big price increases. U.S. District Judge Morrison England Jr., ruled Thursday in Sacramento that the Pharmaceutical Research and Manufacturers of America failed to show that the court has jurisdiction to hear … Continue reading SACRAMENTO, Calif. | Judge tosses lawsuit against California drug price law

TOKYO | Suzuki, Mazda, Yamaha admit using fake vehicle emission data

TOKYO  — Japanese automakers Suzuki Motor Corp., Mazda Motor Corp. and Yamaha Motor Co. have admitted using falsified emissions data to inspect their new vehicles after the government ordered the industry to review its procedures. Japan’s transport ministry said Thursday the three automakers admitted conducting improper inspections after 23 Japanese auto and motorbike manufacturers were … Continue reading TOKYO | Suzuki, Mazda, Yamaha admit using fake vehicle emission data