U.S. issues initial Medicare drug price negotiation guidance

By Ahmed Aboulenein and Michael Erman WASHINGTON (Reuters) -The U.S. government will select the Medicare program’s 10 costliest prescription medicines based on gross spending for negotiating price cuts that will go into effect in 2026, the U.S. Centers for Medicare and Medicaid Services (CMS) said on Wednesday CMS will only accept one formal written counter …

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Bain Capital’s Connaughton says SVB fallout will weigh on banks

By Chibuike Oguh NEW YORK (Reuters) -Bain Capital’s co-managing partner, John Connaughton, told Reuters on Wednesday that the fallout from SVB Financial Group’s collapse will weigh on banks that have already retrenched from lending. Connaughton said private equity firms like Bain have been turning to peers with direct lending arms to secure debt for deals …

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LGBTQ advocacy group Human Rights Campaign settles racism lawsuit with ex-leader

By Kanishka Singh WASHINGTON (Reuters) – Human Rights Campaign, the largest LGBTQ advocacy group in the United States, and its Black former president, Alphonso David, have settled a lawsuit in which David had alleged racial discrimination in his firing, the two sides said on Wednesday. David was fired in September 2021 after New York state …

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Ministro de Hacienda de Colombia estima crecimiento del PIB de hasta 2,5% en 2023

BOGOTÁ, 15 mar (Reuters) – La economía de Colombia crecería hasta un 2,5% este año, por encima de las estimaciones anteriores, dijo el miércoles el ministro de Hacienda, José Antonio Ocampo, quien se declaró optimista por una esperada caída de la inflación y un mejor desempeño del sector agrícola. El Producto Interior Bruto (PIB) de …

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Declassified documents do not mention Ecuador’s Lasso -regulator

By Alexandra Valencia QUITO (Reuters) – Ecuador President Guillermo Lasso and his family members do not appear in declassified documents released by the country’s companies regulator, the agency said on Wednesday, referring to files which opposition lawmakers had sought to shore up a possible impeachment bid. Legislators voted on Tuesday to declassify the files, after …

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U.S. Copyright Office says some AI-assisted works may be copyrighted

By Blake Brittain (Reuters) – The U.S. Copyright Office issued new guidance on Wednesday to clarify when artistic works created with the help of artificial intelligence are copyright eligible. Building on a decision it issued last month rejecting copyrights for images created by the generative AI system Midjourney, the office said copyright protection depends on …

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