Skepticism grows around Medco/Express Scripts deal (Reuters)
WASHINGTON (Reuters) ? Objections to Express Scripts’ $29 billion plan to buy rival pharmacy benefits manager Medco Health Solutions are accumulating as U.S. antitrust regulators weigh whether they have enough evidence to stop the megamerger. The Food Marketing Institute, which represents the biggest grocery chains, sent a letter to the Federal Trade Commission on February [...]
Obama pauses debt talks as lawmakers weigh options (Reuters)
WASHINGTON (Reuters) ? President Barack Obama suspended budget negotiations for the day Friday to give congressional leaders a chance to come up with a “plan of action” on how to unblock talks meant to cut deficits and avert a debt default. Obama, who had vowed to meet top lawmakers every day until a deal is [...]
Obama call for stimulus may complicate debt talks (Reuters)
WASHINGTON (Reuters) ? U.S. President Barack Obama called on Wednesday for new steps to spur job growth and tax hikes on the rich, hardening a stance that will likely complicate deficit reduction talks with Republicans. Obama’s call came as the International Monetary Fund and the Treasury Department urged Washington to reach a budget deal that [...]