Health Care

The Latest: Trump aims to reduce drug costs under Medicare

The Latest on proposals by President Donald Trump and in the Senate budget bill to lower drug prices for Medicare beneficiaries (all times local): 9 p.m. President Donald Trump is proposing to lower prescription drug costs for Medicare beneficiaries by allowing them to share in rebates that drug companies pay to insurers and other middlemen.

Greek govt alleges official ties to drug bribery scandal

Greece's government says it has evidence that senior politicians from the previous administration were involved in a bribery case in which Swiss drugmaker Novartis is accused of making illegal payments to fix prices and increase market access.

Business Highlights

___ Dow industrials drop 600 points, extending a weeklong slump NEW YORK (AP) — U.S. stocks slumped Friday, pulling the Dow Jones industrial average down more than 650 points and handing the market its worst week in two years.