When drug company chief executive Heather Bresch was hauled in front of Congress last year to defend the high price of lifesaving EpiPens, she drew skeptical lawmakers’ attention to a large poster board that blamed the skyrocketing price tag on a coterie of drug supply chain middlemen. Of EpiPen’s $608 list price, her company, Mylan, received only $274, Bresch said.
In the nearly 10 hours that it takes a Boeing 737 to fly from Sao Paulo to New York, its twin engines will transmit a flood of digital data roughly equivalent to 15,000 Blu-ray movies.
The Swedish furniture giant Ikea has refunded just a fraction of the millions of pieces of furniture recalled after toddlers were killed, it announced last week.
In San Luis Potosi, Mexico, Josué Vidales considers his business a Nafta success story. The 43-year-old father of five founded his engineering firm a decade ago, on the eve of the world economic crisis, to capitalize on the factory boom in this burgeoning industrial city 250 miles north of Mexico City.
Amid broad anticipation that Amazon will soon get into the pharmacy business and disrupt the business of selling prescription drugs, pharmacy giant CVS Health has announced it will launch a next-day prescription delivery service nationwide.
Shoppers will no longer be able to buy Whirlpool, KitchenAid or Maytag appliances at Sears, following a pricing dispute that has ended a 101-year relationship between the department store chain and the country’s largest appliance maker.
