Shkreli’s scheme to boost drug price on display in Senate report

Shkreli’s scheme to boost drug price on display in Senate report

US senators have labeled “the hedge-fund model of drug pricing” employed by the likes of Turing Pharmaceuticals, formerly run by Martin Shkreli, as “predatory” and “immoral” in a newly released report on drug companies’ price hikes. The 131-page report – “Sudden Price Spikes in Off- Patent Prescription Drugs: The Monopoly Business Model that Harms Patients, Taxpayers, and the U.S.

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Oklahoma residents sue energy companies over fracking quakes

Oklahoma residents sue energy companies over fracking quakes

A group of Payne County residents has filed a class-action lawsuit against five energy companies over the recent earthquakes in Cushing, a city in central Oklahoma. The companies have fracking disposal wells in the area. Hydraulic fracturing, or fracking, is a process of extracting oil and gas by injecting pressurized water, sand and chemicals into layers of rock.

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