Tag Archives: Threatens

Health-care stocks plunge as uncertainty rises on Obamacare, Congress threatens action on drug prices

Health-care stocks were poised to end the week in the red Friday after lawmakers on Capitol Hill threatened to write new laws tightening control over the nation’s largest pharmacy benefit mangers to curb skyrocketing drug costs. The Trump administration’s legal challenge to former President Barack Obama’s signature health insurance law, the Affordable Care Act, and Sen. Bernie Sanders’ new “Medicare for All” bill ... Read More »

ECB: bitcoin threatens Europe’s financial stability

Yves Mersch, a member of the executive committee of the European Central Bank (ECB) said bitcoin and similar unregulated cryptocurrencies pose a real risk to the established financial order.  In an interview with the German newspaper Boersen Zeitung, Mersch warned the entirely speculative nature of bitcoin’s value was a ‘cause for concern.’ Mersch also warned against banks investing in cryptocurrency. ... Read More »

Facebook Fights US Gag Order That It Says Threatens Free Speech

HIGHLIGHTS Facebook said it wants to notify three users about the search warrants It said gag order poses a threat to freedom of speech The precise nature of the government’s investigation is not known Facebook is challenging a gag order from a US court that is preventing the company from talking about three government search warrants that it said pose ... Read More »