GLOBAL ECONOMY

Drugmakers win battle in Third Circuit Court of Appeals over Health Resources and Services Administration, as courts decided HRSA went beyond the law with regulatory overreach.

Russia and China have spent years building stronger economic ties, including a $55 billion gas pipeline and Russia’s increased usage of China’s yuan.

Goldman Sachs CEO joins Apple’s Tim Cook as latest industry CEO hit with pay cut.

The FDA said Thursday that there are still too many unknowns about the burgeoning market for CBD products to regulate them as either food or supplements.

Customs and Border Protection is scrutinizing imports from China's Xinjiang region under the Uyghur Forced Labor Prevention Act. Solar panels are the most commonly flagged product.

Lawmakers offered the bipartisan American Beef Labeling Act to reinstate mandatory country-of-origin labeling rules for beef products to promote transparency for consumers.

U.S. Treasury Secretary Janet Yellen, during her 10-day visit, brought attention to South Africa's shift to using green energy sources Thursday.

Juul is looking for a new backer as FDA order banning its vaporette remains in limbo pending trial. Talks have included Philip Morris, Japan Tobacco Group, and Altria.

Maersk and MSC will end 2M Shipping alliance in 2025; comes as supply chain issues caused by the coronavirus pandemic have alleviated and global demand for trade has fallen.

German economy will avoid recession if trends continue. Germany's manufacturing base relied heavily on Russian natural gas that stopped flowing when Russia invaded Ukraine.

The U.S. incentives, included in last year’s Inflation Reduction Act, have spurred companies to rethink where to spend billions of investment dollars.

The company continues to see pressure on sales from staffing shortages at hospitals, which have limited growth in procedures using J&J products, while inflation has boosted expenses.

Treasury Secretary Janet Yellen steps into a superpower trade and political battleground over Africa with Russia and China, as her tour of the continent takes her to South Africa on Tuesday.

Concern about a recession, rising competition with China, runaway inflation, and decoupling economically in an increasingly divided world dominated the week.

Lilly said it would work with the FDA to evaluate the fastest pathway to get its Alzheimer’s drug to market after what it believes was a successful trial.

The Chinese government’s end to its strict zero-Covid regime could encourage more foreign investors to return to the country’s bond market this year, analysts said.

Chinese Vice Premier Liu's speech at the World Economic Forum in Davos was filled with optimism about a return to economic growth, but many remain skeptical.

The World Economic Forum, known as Davos for the Swiss town that hosts it, will focus this year on climate change, global stability and economic headwinds.

Treasury Secretary Janet Yellen will host high-level meetings with the Chinese in an effort to ease tensions between the two countries.

The 2023 Edelman Trust Barometer found economic optimism across the globe has suffered a "massive collapse," with most developed nations reporting all-time lows