Category Archives: Business

Marathon Pharmaceuticals to charge $89,000 for muscular dystrophy drug after 70-fold increase

This won’t last long, once Trump gets wind of it. A drug to treat muscular dystrophy will hit the U.S. market with a price tag of $89,000 a year despite being available for decades in Europe at a fraction of that cost. Marathon Pharmaceuticals LLC’s pricing of the drug, which has been available in Europe, is the …

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UK – Disability benefits cuts should be delayed, MPs say

Why is it that politicians never get pay cuts?  Always the poor. A group of MPs said that cuts in disability benefits should be delayed until the government clarifies how it will support those in need of extra money. The Work and Pensions Select Committee found there was little evidence that lower payments would motivate disabled people …

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Donald Trump plans to undo Dodd-Frank law, fiduciary rule

President Donald Trump on Friday plans to sign an executive action to scale back the 2010 Dodd-Frank financial-overhaul law, in a sweeping plan to dismantle much of the regulatory system put in place after the financial crisis.

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Trump administration imposes new sanctions on Iran over missile tests

Friday the Trump Administration followed up on its vow to put Iran “on notice” over its recent missile tests and support for Shiite rebels in Yemen, imposing sanctions on 13 individuals and a dozen companies – while the U.S. Navy moved a destroyer into position off the coast of Yemen.

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Trump halted $181 billion in regulatory costs on first day in office

Donald Trump effectively halted nearly $200 billion worth of regulations, according to a new analysis. President Trump has taken aggressive action to curb regulations in his first week, promising to cut 75 percent or “maybe more,” and signing an executive order Monday to cut two regulations from the books when every new rule is introduced.

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Google calls staffers back to US after Trump order on immigration

According to a Saturday report, Google called on its employees who may be affected by President Trump’s immigration order to get back to the U.S. as soon as possible.  Bloomberg obtained a copy of a memo from the company’s CEO, Sundar Pichai.

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Trump orders hiring freeze for much of Federal government

Monday President Trump issued an executive order implementing a hiring freeze across the federal government, with exceptions only for military, national security or public safety personnel.

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Trump to sign orders reviving pipeline projects, sources say

President Trump plans to sign executive orders reviving the Keystone XL and Dakota Access pipelines, which had been stalled under the Obama administration, sources tell Fox News. The moves had been widely expected, as Trump blasted his predecessor for effectively blocking the projects amid environmental and other concerns.

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Watchdog group files lawsuit against Trump over foreign payments

Monday a  liberal-funded watchdog group filed a lawsuit  against President Donald Trump alleging that he is violating the Constitution by allowing his business to accept payments from foreign governments.

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Trump gets down to business, prepares to sign order withdrawing US from trade deal

President Trump is set to kick off his first full ‘work day’ in the White House by signing an executive order withdrawing the United States from a controversial Pacific-nation trade deal. Trump  is expected to sign an order taking the U.S. out of the Trans Pacific Partnership agreement, which he railed against during the campaign …

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