Tag Archives: over

New York begs for federal help over coronavirus as Fed sets up fiscal supports

WASHINGTON (Reuters) – New York Mayor Bill de Blasio pleaded for help from the federal government and from private citizens to fight the coronavirus outbreak as the U.S. Federal Reserve launched an extraordinary array of initiatives to mitigate the pandemic’s economic impact. He sounded the alarm as U.S. Senate Democrats and Republicans tried to hammer… Read More »

Supreme Court hears case over $12 billion insurers say they are owed in risk corridors payments

The Supreme Court today is scheduled to hear oral arguments over risk corridor payments insurers say they are owed by the federal government. Insurers argue the government owes them $ 12 billion in back payments for losses from participating in Affordable Care Act plans. The ACA promised the funds for three years, from 2014 to… Read More »

Bangladesh bans heartburn drug ranitidine over cancer fears

DHAKA (Reuters) – Bangladesh’s drug regulatory authority on Sunday issued a ban on sales of popular heartburn drug ranitidine while it investigates a potential cancer-causing substance in the drug. The move comes after the U.S. Food and Drug Administration (FDA) warned that some of the pills contained small amounts N-nitrosodimethylamine (NDMA), which the regulator says… Read More »