Democrats take aim at drug prices, prompting sharp drops in biotech stocks
(Reuters) – Democratic lawmakers on Monday attacked “massive” price increases of two heart drugs by Canada’s Valeant, fueling a rout in drugmaker shares on worries of a government and insurer clampdown on U.S. drug prices.
House Republicans jostle for post-Boehner leadership power
WASHINGTON (Reuters) – A battle for control of the U.S. House of Representatives began taking clearer shape on Monday with a senior Republican announcing his bid, as expected, to replace retiring Speaker John Boehner, and another conservative declining…
At U.N., Obama and Putin clash over working with Syria’s Assad
UNITED NATIONS (Reuters) – The United States said on Monday it was willing to cooperate with Russia, as well as Iran, to try to end the Syrian civil war, but the two big powers clashed over whether to work with Syrian President Bashar al-Assad.
Congress moves on spending bill as shutdown deadline looms
WASHINGTON (Reuters) – The U.S. Congress moved on Monday to rush legislation to President Barack Obama that avoids a government shutdown on Thursday as the new fiscal year starts while setting aside a bitter Republican feud over money for Planned Paren…
Lawmakers call for internal probe of Malaysia human trafficking ranking
WASHINGTON (Reuters) – A group of Democratic lawmakers called on Monday for the U.S. State Department’s internal watchdog to investigate the removal of Malaysia from a list of worst offenders in human trafficking following concerns that politics may ha…
House Republicans jostle for post-Boehner leadership power
WASHINGTON (Reuters) – A battle for control of the U.S. House of Representatives began taking clearer shape on Monday with a senior Republican announcing his bid, as expected, to replace retiring Speaker John Boehner, and another conservative declining…
Chicago mayor pitches New York investors on budget fix
NEW YORK/CHICAGO (Reuters) – Chicago Mayor Rahm Emanuel took his city fiscal push to New York on Monday to seek to convince skeptical municipal bond investors that Chicago is determined to fix its sagging finances which have dragged down its credit rat…
Contender for House speaker blasts Obama’s foreign policy
WASHINGTON (Reuters) – Republican U.S. Representative Kevin McCarthy, the leading candidate to be the next House speaker, voiced sharp disagreement with President Barack Obama’s foreign policy on Monday with calls for a tougher response to Islamic Stat…
Trump plan cuts corporate taxes, promises sweeping reform
NEW YORK (Reuters) – Republican presidential front-runner Donald Trump on Monday unveiled sweeping proposals to simplify the tax code, slash the corporate tax rate and impose a one-time levy on the overseas earnings of U.S. companies.
Democrats take aim at drug prices, prompting sharp drops in biotech stocks
(Reuters) – Democratic lawmakers on Monday attacked “massive” price increases of two heart drugs from Canada’s Valeant Pharmaceuticals International Inc, fueling a rout in drugmaker shares on worries of a government and insurer clampdown on U.S. drug p…
