Johnson & Johnson sued to stop the U.S. government from empowering Health and Human Services (HHS) to negotiate lower drug prices for Medicare recipients. The major drugmaker became the third player in the industry attempting to halt the Medicare drug-price negotiations established by the Inflation Reduction Act (IRA), in a claim filed in the U.S. District…
J&J Sues Biden Administration to Block Medicare Drug Price Negotiations
July 19, 2023
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Business & MarketsCompaniescongressDemocratsdrug priceseconomic policieseconomyExecutive BranchHealth and Human ServicesInflation Reduction ActInvestmentJanssenJohnson JohnsonJudiciaryMarketsMedicarePolicies & ImpactsPoliticsUSUS News
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Johnson & Johnson Sues to Block Medicare Drug Price Negotiations
Janssen, the pharmaceutical arm of Johnson & Johnson, filed a lawsuit against the U.S. government on Tuesday, joining others trying to prevent a program that allows Medicare the power to negotiate lower drug prices. The lawsuit, filed in the U.S. District Court for the District of New Jersey, argues that the Medicare drug price negotiation program…
IN-DEPTH: ‘It Would Be Devastating’: Local Officials Warn of Wind Turbine Development’s Impact to Jersey Shore’s Tourism Industry
July 8, 2023
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Business & Marketsclimate changeenergyInflation Reduction ActNew JerseyRegional & State NewsState NewsUSUS FeaturesUS Newswind turbines
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Serene beachside views that bring in a lucrative tourism industry could be cut to ribbons if wind companies succeed in constructing fleets of monopole turbines along the east coast. Orsted, a wind energy company 51 percent owned by the Danish government, has plans to install 200 turbines throughout 161,000 acres of ocean nine miles off…
Biden Delivers Remarks About Cracking Down on ‘Junk’ Insurance Plans
July 8, 2023
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DemocratsInflation Reduction ActInvesting in AmericaJunk Insurance PlansPoliticspresident joe bidenUSUS News
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Amid his second “Investing in America” tour, President Joe Biden introduced a set of actions on July 7 designed to reduce health care costs by cracking down on “junk” insurance plans, prevent surprise medical bills, and decrease medical debt related to credit cards. The Biden administration’s new proposed rule regarding what he called “junk” insurance…
IN-DEPTH: ‘Sacrifice on the Altar of Green Energy’: Commercial Fishing Industry Faces Extinction if Offshore Wind Turbine Development Continues
July 1, 2023
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Business & Marketsclean energyCompaniesenergyInflation Reduction ActMagnusNew YorkPolicies & ImpactsRegional & State NewsRegional NewsRhode IslandState NewsUSwind turbines
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Advocates warn that what’s at stake if developers and their foreign investors succeed in constructing offshore wind turbines along the east coast is a crucial food source and a rich cultural heritage preserved among fishermen. “Generations of fishermen could be sacrificed on the altar of green energy,” Meghan Lapp told The Epoch Times. Lapp is…
IN-DEPTH: ‘Sacrificed on the Altar of Green Energy’: Commercial Fishing Industry Faces Extinction If Offshore Wind Turbine Development Continues
July 1, 2023
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Business & Marketsclean energyCompaniesenergyInflation Reduction ActMagnusNew YorkPolicies & ImpactsRegional & State NewsRegional NewsRhode IslandState NewsUSwind turbines
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Advocates warn that what’s at stake if developers and their foreign investors succeed in constructing offshore wind turbines along the east coast is a crucial food source and a rich cultural heritage preserved among fishermen. “Generations of fishermen could be sacrificed on the altar of green energy,” Meghan Lapp told The Epoch Times. Lapp is…
IN-DEPTH: Wind Energy Ocean Industrialization Undermines Ecosystem
June 30, 2023
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Business & MarketsCompaniesenergyInflation Reduction ActNew JerseyPolicies & ImpactsRegional & State NewsState NewsUSUS Newswhale deathswind turbine
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A natural resource largely untouched by development now faces colossal industrialization of wind energy along the east coast. Clean-ocean advocates monitoring its expansion warn that this race to construction undermines an ecosystem that will lead to catastrophic consequences. “They’re moving at such a reckless pace without any real good science or due diligence,” said Clean…
Leasing vs. Buying an Electric Vehicle
Owning a car is a no-brainer for most people. You shop around, look for financing, and then purchase it. It’s yours, and, as opposed to leasing, eventually, you won’t have a car payment. But if you’re interested in an electric vehicle (EV), buying may not be the best option. The 2022 Inflation Reduction Act may…
Leftists Trash US Constitution
Commentary If you own a business, the leftists in Congress are coming after you. The only thing standing in their way is the U.S. Constitution. Whether you own a mom-and-pop diner, an auto repair shop, or shares in a multinational corporation, your property is at risk. The Constitution’s takings clause was designed to protect us…
Australian Government Supports Carbon Capture and Storage Witih Scarce Funding
May 18, 2023
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AustraliaBusiness & Marketscarbon capture and storageccsenergyglobal warmingInflation Reduction ActMadeleine Kingnet zeroWorld
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Federal Resources Minister Madeleine King has supported carbon capture and storage (CCS) as the way for the industry to reach net-zero emissions. “Traditional commodities, including our energy resources, will play an essential role in supporting Australia’s economy transition to net-zero while also continuing to underwrite energy security for our key trading partners,” King said at the APPEA…
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