Guest Opinion. President Biden always says that the ability to afford needed medicines is about dignity, hope, and fairness. Those words have been at the center of the Biden-Harris Administration’s work to implement the President’s lower cost prescription drug law, also known as the Inflation Reduction Act. This week marks a historic milestone, as the Biden-Harris Administration announced new, lower prices for 10 drugs selected for the first cycle of Medicare drug price negotiations.

Negotiating for Lower Drug Prices Works, Saves Billions

Salon

Manufacturers of the 10 medications listed under the novel Medicare price-negotiation program exploited patent laws to keep costs high for patients, according to a new report from the watchdog group Accountable.US. The report comes nearly two years after President Joe Biden signed the Inflation Reduction Act and with it launched...

Big Pharma "unleashed an army" of lawyers to avoid lowering Medicare drug costs: report

Nantucket, MA

One of the country’s largest offshore wind farms, Vineyard Wind, is generating nothing but bad PR after a turbine broke and shards of it fell into the ocean off the coast of Massachusetts last month. Debris from the massive blade washed ashore in nearby Nantucket, known for its affluent,...

Accident throws wrench in offshore wind turbines

Thousands of Cisco employees will be affected by a new layoff round, which could be announced next week, according to a Reuters report. Cisco will reportedly lay off around 4,000 employees in its second round of job cuts this year as the world’s largest networking company doubles down on artificial intelligence.

Cisco To Lay Off Around 4,000 Employees: Report


				













	ResumeBuilder.com’s latest research showed that 30 percent of companies that had a recent round of layoffs replace U.S. workers with offshore ones while 24 percent of companies with recent layoffs “plan to terminate and replace U.S. employees with offshore workers in 2025,” the report’s authors said.Sixties Model Peggy Moffitt Dead at 87




	ResumeBuilder.com also found among those companies that replaced laid-off employees with offshore workers, 22 percent indicated that 1 to 10 percent of the laid-off employees were replaced. “About 29 percent reported that 11 to 25 percent were replaced, while 24 percent stated that 26 to 50 percent were,” the...

Businesses Are Replacing Laid-off U.S. Workers With Offshore Employees, Study Reveals

Colorado State

Contributors represent independent, third-party users who have joined our contributor program and self-verified their accounts. They have also demonstrated their experience writing hard news for other outlets. Contributors are expected, like all users, to adhere to our Community Standards.

contributor

David Heitz

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

Minnesota State

In May 2024, Minnesota became the ninth state to pass legislation banning or restricting fluorescent lamp sales. In doing so, it joined efforts by California, Colorado, Hawaii, Maine, Oregon, Rhode Island, Vermont, Washington, Canada, the European Union and the United Kingdom. Illinois is the 10th state to join the effort after the Clean Lighting Act was passed and sent to Gov. Pritzker to sign in June. Depending on the state, these rules go into effect between 2024 and 2029.

Shifting Sands: 10 states outlaw fluorescent lamp sales

A $9.2 million Dr. Dennis Gross Skincare settlement resolves claims the skincare brand misled consumers about the collagen contained in its products. The settlement benefits consumers who purchased Dr. Dennis Gross Skincare’s “C+Collagen” products between March 10, 2016, and June 28, 2024. Plaintiffs in the class action...

$9.2M Dr. Dennis Gross Skincare C+Collagen class action settlement

Nevada State

Reno, NV

The Food and Drug Administration sends warning letters to entities under its jurisdiction as part of its enforcement activities. Some letters are not posted for public view until weeks or months after they are sent. Business owners have 15 days to respond to FDA warning letters. Warning letters often are not issued until a company has been given months to years to correct problems.

FDA issues warning letters to companies in Nevada and China

California State

Los Angeles Times

A California bill that would have imposed regulations on kratom products has been shelved. Kratom is a substance derived from a tree native to Southeast Asia that is sold in the U.S. in powder, capsule and extract form.

Kratom regulations shelved in California amid battle between advocacy groups

Johnson & Johnson (J&J) is on the brink of announcing support for a $6.48 billion settlement to resolve thousands of legal claims related to its talc products, including Baby Powder. According to Reuters, sources reveal that J&J plans to disclose as early as Friday, August 16, that at least 75%...

Johnson & Johnson Plans Bankruptcy Filing to Finalize $6.48 Billion Talc Settlement

Insurance giant Allstate will sell off its employer voluntary benefits arm to StanCorp Financial Group, also known as the Standard, in a deal valued at $2 billion. The company said in an announcement the deal is the initial step in a strategic plan to push Allstate's three health and wellness segments to "realize their full growth potential by combining them with companies that have additional capabilities."

Allstate sells off employer voluntary benefits unit in $2B deal

Entrepreneur and investor Mark Cuban wants to "f--k up" the U.S. healthcare system to make it more affordable, the billionaire told "The Daily Show" host Jon Stewart this week. While the "Shark Tank" star acknowledged opportunities to have big ambitions in politics or raise prices to make more money from...

Mark Cuban wants to keep shaking up healthcare. Here's Cost Plus Drug's next move

Unlocking Private Financing with World Bank Guarantee Platform. The world faces unprecedented challenges as developing nations grapple with the impacts of climate change, conflict, and pandemics. The stakes couldn’t be higher: these nations require an estimated $2.4 trillion annually from now until 2030 to fund critical infrastructure, healthcare, and education initiatives. Without these resources, millions risk being left behind, trapped in cycles of poverty and poor living conditions.

Unlocking Private Financing with World Bank Guarantee Platform

Your article was successfully shared with the contacts you provided. The fact that Americans need affordable, quality health care became abundantly clear in the wake of the pandemic, but finding good health care at the right price point is not easy for everyone, according to a new report from WalletHub, a personal finance website.

12 Best States for Health Care: 2024

Jacksonville, FL

Jacksonville Today

A Black woman may be leading the presidential ticket of a major political party for the first time, but for Jacksonville’s Black conservatives, political values trump a candidate’s personal identity.

Republicans look to shore up support among Black conservatives in Jacksonville

Insulet, maker of the Omnipod tubeless insulin pump, hosted a grand opening celebration at its new manufacturing facility in Johor Bahru, Malaysia. The new manufacturing facility will strengthen the company’s global operational capabilities and supply chain resiliency. Located on the southern end of the Malay Peninsula just north of Singapore, the 400,000-square-foot facility is twice the size of Insulet’s highly automated manufacturing facility in Acton, Massachusetts. Currently, more than 350 full-time Insulet employees work at the new facility with plans to grow to more than 1,000 in the coming years, part of a $200 million investment in the area.

Insulet Opens New 400,000-Square-Foot Manufacturing Facility

Commercial Credit Group (CCG), an independent commercial equipment finance company, finalized a $458.7 million term asset-backed security (ABS) transaction. The securitization was placed with a diverse group of institutional fixed income investors from 34 unique firms. JP Morgan Securities served as structuring agent and lead bookrunner for the placement. The...

Commercial Credit Group Closes 18th Term ABS; JP Morgan Securities Serves as Structuring Agent

Wyoming State

WyoFile

Two Sweetwater County lawmakers seeking re-election filed a defamation suit Thursday against a political action committee affiliated with the hard-line Wyoming Freedom Caucus over mailers that attack them over a vote they say never happened.

Lawmakers sue Wyoming Freedom PAC over Trump-ballot mailers

Florida State

Republican Donald Trump has a 7-point lead over Democrat Kamala Harris among Florida voters, 49% to 42%, according to a new poll from the University of North Florida. Four percent are backing another candidate, and 6% are undecided or didn’t answer.

New Florida poll: Trump leads; support strong for abortion and recreational weed

NewsBreak

White House wrangles discounts out of Big Pharma

Uncle Sam unveiled the fruits of its monthslong haggling sesh with Big Pharma in the form of lower prescription drug prices. The Biden administration announced yesterday...

White House wrangles discounts out of Big Pharma

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