Category: Business
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Pelosi moves on drug prices despite falling-out with Trump
WASHINGTON (AP) — House Speaker Nancy Pelosi is plowing ahead with her bill to allow Medicare to negotiate prescription drug prices despite a breakdown in relations with her chief bargaining partner on the issue — President Donald Trump.
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California objects to Berkshire Hathaway’s sale of insurer
OMAHA, Neb. (AP) — California regulators are objecting to Berkshire Hathaway’s sale of one of its smaller insurance companies, but they may not have much of an argument.
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US picks Trump resort for G-7; critics call choice ‘brazen’
WASHINGTON (AP) — President Donald Trump’s suggestion that his Miami golf resort host next year’s Group of Seven summit became a reality Thursday, sparking an outcry from critics who called it the most blatant example yet of him using the power of his office to boost his business empire.
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J&J agrees to $117M settlement over pelvic mesh devices
TRENTON, N.J. (AP) — Johnson & Johnson has agreed to a $117 million multistate settlement over allegations it deceptively marketed its pelvic mesh products, which support women’s sagging pelvic organs.
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US-China trade war weighing on world’s growth, IMF says
The global economy is slowing, largely because of the U.S. trade war with China, according to the 189-member International Monetary Fund.
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Juul halts sales of fruit, dessert flavors for e-cigarettes
WASHINGTON (AP) — Juul Labs stopped selling fruit and dessert flavors Thursday, acknowledging the public’s “lack of trust” in the vaping industry.
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Trump grants extension for nuclear fuel recommendations
FLAGSTAFF, Ariz. (AP) — A U.S. task force has been given more time to recommend ways to revive domestic uranium mining as it lags amid low prices and global competition.
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The Latest: Jury selection resumes for opioid trial
CLEVELAND (AP) — The Latest on a federal trial over the toll of opioids (all times local):
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The Latest: Key UK party says it won’t support Brexit deal
BRUSSELS (AP) — The Latest on Brexit (all times local):
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Nevada seeks to restart lawsuit over US plutonium shipment
RENO, Nev. (AP) — Lawyers for Nevada and the U.S. Energy Department are accusing each other of contradicting their own past arguments as the state seeks to restart a legal challenge to force the government to remove weapons-grade plutonium it secretly shipped last year to a site near Las Vegas.