Business

Legislation that would put a cap on prices pharmaceutical companies can charge for their prescription drugs can be effective in reducing health costs, Humana CEO Bruce Broussard said Friday. But U.S. lawmakers should also include in their proposals rules that would facilitate greater competition and innovation, Broussard said in an interview with CNBC’s Bertha Coombs.
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United Auto Workers members on strike picket outside General Motors’ Detroit-Hamtramck Assembly plant on Sept. 18, 2019 in Detroit. Michael Wayland / CNBC DETROIT – The ongoing United Auto Workers union strike against General Motors is a “threat” to Michigan’s economy and could push the state into recession, Moody’s Investors Service and an economist warned.
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Singer John Legend at the PLUS launch event in New York City Tom Vickers Casper, the bed-in-a-box start-up that reached a $1 billion valuation selling mattresses over the internet, is getting more serious about providing customers better sleep. This week it launched a new line of melatonin and CBD-infused gummies in partnership with Plus Products,
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Smoke billows from an Aramco oil facility in Abqaiq after drone attacks sparked fires at two Saudi Aramco oil facilities. AFP | Getty Images The attacks on critical oil production facilities in Saudi Arabia over the weekend will “effectively” wipe out the world’s spare oil capacity, an expert from S&P Global Platts said on Monday. Drone strikes attacked
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