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| October 21, 2017

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Prices Archives -

Lower drug prices? Trump has one idea, but insurance giant Anthem has another

October 20, 2017 |

The sky-high cost of prescription meds was back in the spotlight this week. First, President Trump said drug prices “are out of control” and drug companies are “getting away with murder.”

Then came news that the country’s second-largest health insurer, Anthem, will partner with CVS to launch its…


L.A. Times – Business

Californians will get more information on what’s driving prescription drug prices under law signed by governor

October 9, 2017 |

Gov. Jerry Brown approved a measure Monday to increase disclosure on prescription drug prices, the focal point of growing efforts to clamp down on climbing pharmaceutical costs.

Supporters call the law the nation’s most sweeping effort to make prescription drug pricing more transparent. The measure…


L.A. Times – Business

Netflix Raises U.S. Prices in Bid to Fund Big Bet on Content

October 5, 2017 |

Netflix is raising prices for its streaming-video services in the U.S., betting that subscribers will tolerate higher monthly fees and help fuel the company’s big investments in TV and movie programming.
WSJ.com: US Business

Stocks add to record highs; oil prices drop

October 2, 2017 |

U.S. stocks opened at record highs Monday as technology and healthcare companies advanced. Energy companies were plunging as prices of crude oil and other fuels fell sharply. Nordstrom stock was tumbling after the New York Post said talks to take the department store company private were stalling….


L.A. Times – Business

Banks lead stocks modestly higher; oil prices slide

September 19, 2017 |

Banks and other financial companies led U.S. stocks modestly higher Monday, nudging the stock market to another record high.

The Standard & Poor’s 500 index and Dow Jones industrial average closed at new highs as the market extended its gains from last week.

Investors continued to bid up bank shares…


L.A. Times – Business

Big employers steer patients to health providers that offer bargain prices

August 31, 2017 |

Retiree Leslie Robinson-Stone and her husband enjoyed a weeklong, all-expenses-paid trip to a luxury resort — all thanks to the county she worked for.

The couple also received more than a thousand dollars in spending money and a personal concierge, who attended to their every need. For Santa Barbara…


L.A. Times – Business

Southern California home prices surge in July amid shortage of supply

August 29, 2017 |

Southern California home prices surged in July, as the already white-hot housing market saw heavy demand amid a persistent housing shortage.

The six-county area’s median price climbed 7.7% from a year earlier to $ 501,000, according to a report released Tuesday from CoreLogic. That was the greatest…


L.A. Times – Business

It shouldn’t take generous strangers to help patients cope with drug prices

August 18, 2017 |

The inherent goodness of people was made clear this week when a pair of readers offered to pay for a 75-year-old Encino man’s prescription meds after the drug maker imposed a $ 1,100 deductible to be eligible for financial assistance.

Meanwhile, the warped priorities of our for-profit healthcare…


L.A. Times – Business

Warning to avocado lovers: a California shortfall may send prices soaring even higher

August 15, 2017 |

Avocados could soon be fetching a lot more green.

A shortfall in production in California, the leading U.S. avocado grower, has kicked up wholesale prices in recent weeks — which means you may soon be paying more for fresh guacamole and avocado toast.

A wholesale box of 60 avocados currently costs…


L.A. Times – Business