The Trump administration is calling for eliminating rebates in the pharmaceutical industry — here’s how Goldman says that would affect companies

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As the pressure to lower drug prices increases, the Trump administration and the pharmaceutical industry are shifting the blame onto pharmacy benefit managers, the middlemen of the drug operation. Eliminating PBMs would be getting rid of rebates — a key payment that acts as a discount to the list price drugmakers set. Goldman Sachs published a research […]

The demise of bitcoin has been greatly exaggerated

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Bitcoin defies traditional currency and economic models, so it’s ironic that these models are being used to support predictions of its ultimate demise. Many criticisms of bitcoin are actually misunder… Read Full Story The post The demise of bitcoin has been greatly exaggerated appeared first on ForexTV. from ForexTV https://ift.tt/2v4eXaJ

Bitcoin’s Second-Ever Developer Is Back (With a Big Vision for Crypto)

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There are early adopters, then there are early early adopters. Revealed exclusively to CoinDesk, the first coder to work alongside bitcoin’s pseudonymous creator Satoshi Nakamoto, Martti ‘Sirius’ Malm… Read Full Story The post Bitcoin’s Second-Ever Developer Is Back (With a Big Vision for Crypto) appeared first on ForexTV. from ForexTV https://ift.tt/2NZp2wJ

Bitcoin’s Second-Ever Developer Is Back (With a Bigger Vision for Crypto)

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There are early adopters, then there are early early adopters. Revealed exclusively to CoinDesk, the first coder to work alongside bitcoin’s pseudonymous creator Satoshi Nakamoto, Martti ‘Sirius’ Malm… Read Full Story The post Bitcoin’s Second-Ever Developer Is Back (With a Bigger Vision for Crypto) appeared first on ForexTV. from ForexTV https://ift.tt/2M3zT8l

The founder of a restructuring firm accused McKinsey of racketeering — now the consulting giant is fighting back

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Jay Alix, the founder of restructuring firm AlixPartners, sued McKinsey & Co earlier this year. Alix claimed that McKinsey was hiding conflicts of interest to win client business.  McKinsey on Monday filed a motion to dismiss the claims. The founder of a rival to McKinsey & Co accused the firm and its senior executives of […]

Civil rights groups are speaking out against New York City’s proposed freeze on Uber and Lyft

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Civil rights groups joined Uber and Lyft in opposing proposed legislation to limit the amount of ride-sharing vehicles in New York City.  Some Black and Latino New Yorkers fear racial discrimination by yellow cabs and for-hire vehicles.  Uber has launched a social media campaign against the proposed legislation, including the hashtag #DontStrandNYC. Civil rights groups […]

Bitcoin Miners See A Bullish Breakout On The Horizon

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The price of bitcoin surged above $8,000 last Tuesday for the first time since May after the Group of 20 (G20) meeting in Argentina concluded with little urgency to take regulatory action on cryptocur… Read Full Story The post Bitcoin Miners See A Bullish Breakout On The Horizon appeared first on ForexTV. from ForexTV https://ift.tt/2LUmWks