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US judge strikes down Trump administration rule requiring drug prices in TV ads

REUTERS: A federal judge on Monday dealt a blow to the Trump administration by striking down a new rule that would have forced pharmaceutical companies to include the wholesale prices of their drugs in television advertising. U.S. District Judge Amit Mehta in Washington sided with drugmakers Merck ... from Latest https://ift.tt/2S55cDC

US judge strikes Trump administration rule requiring drug prices in TV ads

NEW YORK: A federal judge on Monday (Jul 8) dealt a blow to the Trump administration by striking down a new rule that would have forced pharmaceutical companies to include the wholesale prices of their drugs in television advertising. US District Judge Amit Mehta in Washington sided with ... from Latest https://ift.tt/2L9xj3K

US slaps new duties on steel from Mexico and China

WASHINGTON: The United States announced fresh duties on some Mexican and Chinese steel goods on Monday (Jul 8), saying those countries helped their manufacturers with unfair subsidies. The decision comes two months after President Donald Trump agreed to lift tariffs on steel and aluminium from ... from Latest https://ift.tt/2NFx3LZ

Asian shares fall as bets off on sharp US rate cuts

SYDNEY: Asian shares fell on Monday after strong U.S. jobs data tempered expectations for a Fed rate cut, while the Turkish lira hovered near two-week lows on worries about central bank independence. Share sentiment was also dampened by U.S. investment bank Morgan Stanley's decision to reduce its ... from Latest https://ift.tt/30sAabN

Eva Airways says strike to end on Tuesday

TAIPEI: Taiwan's Eva Airways Corp said on Sunday (Jul 7) its cabin crew's strike will end on Tuesday after it reached an agreement with the Taoyuan Flight Attendants Union (TFAU). The company estimated in a filing to the Taiwan Stock Exchange the strike - the longest ever for Taiwan's aviation ... from Latest https://ift.tt/2XYN0ks

Starbucks apologises to police after six officers were asked to leave Arizona store

ARIZONA: Starbucks on Sunday (Jul 7) apologised after an employee at one of its stores in Tempe, Arizona asked six police officers to leave or move out of a customer's line of sight, triggering social media backlash. The officers visited the store on Jul 4 and had paid for the drinks, before one ... from Latest https://ift.tt/2LIDQlx

WeWork looking to raise up to US$4 billion in debt ahead of IPO: Source

NEW YORK: Shared office space manager WeWork is looking to raise US$3 billion to US$4 billion in debt before it goes public, a person familiar with the matter said on Sunday (Jul 7), a move aimed to fuel investor confidence in the company. The potential debt offering underscores the extent to ... from Latest https://ift.tt/2xGcDr7