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A contentious negotiation process between the government and the pharmaceutical industry is set to begin. President Joe Biden’s Inflation Reduction Act passed last year giving Medicare the authority to negotiate drug prices with pharmaceutical companies. If the drugmakers don’t comply, they face a hefty excise tax. It’s Biden’s way to force the hand of what…
The field is set for the first 2024 Republican primary debate, and rescuers rushed to help a group of children dangling from a cable car. These stories and more highlight the Morning Rundown for Wednesday, Aug. 23, 2023. First 2024 Republican primary debate set for Wednesday night Eight Republican candidates vying to become the next…
In response to a number of recent national security concerns, including spy balloons and espionage within the military, state legislators are moving to put restrictions on Chinese land ownership in the United States. A Washington Post analysis of data compiled by the advocacy group Asian Pacific American Justice found that lawmakers in 33 states have…
Overstock.com is now Bed Bath & Beyond. The move is an attempt to revive the now defunct housewares chain and boost Overstock’s popularity. In June, Overstock acquired Bed Bath & Beyond for $21.5 million, just two months after the company filed for Chapter 11 bankruptcy. All physical stores were scheduled to be closed by the…
The long-awaited sale of the Washington Commanders was unanimously approved by NFL owners on Thursday, July 20. The deal was worth $6.05 billion, the highest price paid for a North American professional sports club. The new owners are Harris Blitzer Sports and Entertainment, a group led by investor Josh Harris. Harris, along with partner David…
The FBI form at the center of an alleged bribery scheme involving the Biden family has been publicly released. We look at how Democrats and Republicans are reacting to the allegations. And more controversy for failed FTX co-founder Sam Bankman-Fried as his former company’s own lawyers are now suing him. These stories highlight The Rundown…
Former President Donald Trump says he could soon be indicted again by the Department of Justice (DOJ) in relation to their 2020 election probe. And the latest on the U.S. soldier detained in North Korea. These stories and more highlight the rundown for Tuesday, July 19, 2023. Trump says he is target in DOJ election…
Former Fox News host Tucker Carlson is reportedly planning to launch his own Twitter-based media company following the recent launch of his own show on the platform. According to sources who spoke to The Wall Street Journal, Carlson is teaming up with former White House adviser Neil Patel to raise funds for the new venture.…
As President Joe Biden gets set to mark the anniversary of the Supreme Court overturning Roe V. Wade with several endorsements in hand, a judge temporarily blocked Wyoming’s ban on abortion pills. Wyoming was the first in the nation to pass a ban that specifically targeted abortion pills. The ban was set to take effect…
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