What’s next for Biden’s Medicare drug price negotiations

U.S. President Joe Biden and Vice President Kamala Harris walk out together, at an event on Medicare drug price negotiations, in Prince George's County, Maryland, U.S., August 15, 2024. Ken Cedeno | ReutersThe Biden administration on Thursday reached a milestone in Democrats' decades-long quest to use Medicare to drive down...

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Lockheed Martin to take Terran Orbital private in $450 million deal

Terran Orbital's banner above the New York Stock Exchange on March 28, 2022.Terran OrbitalLockheed Martin is buying Terran Orbital, the company announced Thursday, with the defense giant reaching a deal to take the struggling spacecraft manufacturer private.The agreement will see Lockheed acquire Terran at an enterprise valuation of nearly...

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Medicare releases prices for first 10 drugs subject to negotiations

Activists protest the price of prescription drug costs in front of the U.S. Department of Health and Human Services building in Washington, D.C., on Oct. 6, 2022.Anna Moneymaker | Getty ImagesThe Biden administration on Thursday will release prices for the first 10 prescription drugs that were subject to landmark...

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Walmart reports its earnings before the bell. Here’s what to expect

Walmart will report quarterly earnings on Thursday, as investors and economists seek clarity about the health of American households and the outlook for the broader economy.Here's what analysts are expecting for the big-box retailer, according to consensus estimates from LSEG:Earnings per share: 65 centsRevenue: $168.53 billionAs the nation's largest...

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