Tag Archives: Claimed

Trump simply claimed a win in chopping again prescription drug costs, however the fact of top drug costs is much more difficult

Trump simply claimed a win in slicing again prescription drug costs, however the fact of top drug costs is much more difficult
Supply: www.businessinsider.com – Thursday, July 12, 2018
President Donald Trump has been creating a stink approximately drug costs, claiming a win Tuesday night time while Pfizer deferred its plan to extend the costs of 10% of its drugs.&#one hundred sixty; Nevertheless it is still noticed how Pfizer's transfer will have an effect on sufferers nonetheless dealing with top prescription drug prices.&#one hundred sixty; Right here's all that is going into the cost sufferers are paying once they get to the drugstore counter.&#one hundred sixty; President Donald Trump is on a campaign to decrease prescription drug costs.&#one hundred sixty; In Would possibly, the Trump management laid out a forty four-web page drug-pricing blueprint, &#one hundred sixty;calling out middlemen within the pharmaceutical business and "freeloading" by way of different nations that pay not up to the United States for prescribed drugs. That got here to a head on Tuesday while New York-primarily based pharmaceutical large Pfizer stated that it's deferring the fee will increase it deliberate to tackle a few of its prescribed drugs following a talk among its CEO Ian Learn and Trump. Trump&#one hundred sixty; had singled out the pharmaceutical large &#one hundred sixty;in advance within the week&#one hundred sixty;over its up to date worth hikes. Pfizer had greater the cost of approximately forty of its four hundred merchandise, together with Viagra, as of July 1.&#one hundred sixty;Pfizer&#one hundred sixty; wasn't the one drugmaker &#one hundred sixty;to boost the cost of its medicine, although it used to be certainly one of just a handful to boost costs on medicine for a 2d time in 2018.&#one hundred sixty; "Pfizer & others will have to be ashamed that they have got raised drug costs for no explanation why," Trump stated in an preliminary tweet. Pfizer will now go back its medicine to their preliminary worth prior to July 1. Tr

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Trump Claimed He Stored American Jobs At Ford, However The Corporate Is Reportedly Losing Heaps

Trump Claimed He Stored American Jobs At Ford, However The Corporate Is Reportedly Losing Heaps
Supply: www.mediamatters.org – Tuesday, Would possibly sixteen, 2017
Studies are circulating that American vehicle large Ford Motor Co. plans to chop as much as 10 % of its international group of workers in a bid to spice up the corporate’s income and its percentage worth, with a focal point on slicing nonunion salaried staff in North The united states and Asia. The scoop is probably devastating for heaps of American staff and divulges some other empty boast from President Donald Trump, who in the past loved a flood of sure press while he took private credit score for task advent on the corporate. On Would possibly 15, The Wall Side road Magazine mentioned that Ford CEO Mark Fields plans to cut back his corporate's international body of workers through more or less 10 % as a part of a “pressure to spice up income and the automobile maker’s sliding inventory worth.” The Magazine mentioned that such heavy task cuts at an organization with two hundred,000 workers all over the world, “part of which paintings in North The united states,” may just “cause a political backlash on the White Space” for a president who “has many times pointed to car makers like Ford as examples of businesses including U.S. jobs.” The preliminary record used to be quickly corroborated via Bloomberg , CNBC , CNNMoney , Reuters , and the Detroit Loose Pres s , with a few reporting that hundreds of nonunion salaried workers within the U.S. would possibly face layoffs. Many stories mentioned the political fallout any such transfer may just create for a Trump management that has automatically claimed unfounded credit score for spurring process expansion at Ford and different firms within the U.S. At the Would possibly sixteen

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