Bloomberg Law

Pharma Companies Unappeased by Medicare Price Negotiation Revamp

The Medicare agency’s adjustments to its drug price negotiation program are looking unlikely to fend off industry legal challenges aimed at toppling it.

Biden Targets Insurance Plans as Bidenomics Turns to Health Care

President Joe Biden will announce steps his administration is taking to help lower health care costs, including the targeting of so-called junk insurance plans and surprise medical bills. The administration will propose rules that would close loopholes on insurance plans that often provide reduced coverage, including undoing Trump administration rules on short-term policies.

Randall Stephenson Steps Down From PGA Tour’s Policy Board

Randall Stephenson, a former AT&T Inc. chairman, has resigned from the PGA Tour’s policy board, just as the golfing tournament prepares to defend its proposed merger with Saudi-backed LIV Golf.

Jack Ma’s Clash With Beijing Costs Ant, Alibaba $850 Billion

As Jack Ma’s clash with the Chinese government draws to a close after almost three years, it’s clear how costly the conflict has proven for his companies, Ant Group Co. and Alibaba Group Holding Ltd.

Microsoft-Activision Trial Has Merger Arbitragers Glued to Court

Among the lawyers, litigants and spectators who packed into a San Francisco courtroom last month for a hearing on the fate of the biggest video gaming deal ever was another breed altogether: the merger arbitrager.

Latest Stories

Critics Slam Lobbying by Tech Giants in Indo-Pacific Talks

Technology giants are drawing protests as they aggressively try to shape a new US trade deal with Australia, South Korea and other members of the Indo-Pacific region that account for 40% of global economic output.

India Tribunal Refuses to Lift Ban on Zee CEO From Key Roles

An Indian tribunal refused to reverse an order banning the founder and chief executive officer of Zee Entertainment Enterprise Ltd. from holding managerial positions in listed companies following accusations that they siphoned off company funds.

HILL TECH BRIEF: Child Online Safety Faces Lobbying Opposition

Advocates for kids’ mental health decry social media algorithms they say promote eating disorders, self-harm, and substance abuse, but congressional efforts to strengthen children’s safety and privacy online are running into opposition from lobbyists.