Credit Suisse in Trouble with U.S.

Credit Suisse in Trouble with U.S.

Credit Suisse was supposed to report undisclosed offshore accounts belonging to American citizens, in an international agreement to curb tax evasion. They haven’t been following through. A two-year investigation by U.S. authorities has shown that employees at...
Oil Companies Held Accountable

Oil Companies Held Accountable

Oil companies should be penalized for spikes in gas prices, says California with a new bill expected to pass by month’s end. Last summer in the wake of Russia’s invasion of Ukraine, the average gas price in California reached a record high at $6.44 per...
First Republic Bank Bailout

First Republic Bank Bailout

First Republic Bank will be getting a $30 billion rescue package from other major banks, after two other major banks failed this week. First Republic Bank is based in San Francisco, and serves mostly venture capital-backed companies and tech startups. Before this...
Walgreens Contract with CA Aborted

Walgreens Contract with CA Aborted

Walgreens has lost a large contract with the state of California after indicating it would deny legal sales of abortion pills in red states. The issue is over sales of the drug Mifepristone, which when combined with another pill can safely end pregnancies of less than...
Eli Lilly Slicing Insulin Costs

Eli Lilly Slicing Insulin Costs

Eli Lilly will be cutting prices for older formulae of insulin later this year, and capping prices on other prescriptions for more patients. Many people with diabetes face thousands of dollars in annual costs for the insulin that keeps them alive. Before the 1992...