Bloomberg Some of the US’s biggest pharmaceutical companies sued the Trump administration to try and block a rule that would force them to put the price of their drugs in television advertisements. In the lawsuit filed in federal court, Merck & Co, Eli Lilly & Co, Amgen Inc and an advertising trade association claim that the Department of Health and ...

Bloomberg Canadian exporters are reporting widespread concerns about a global recession, with sentiment in the sector falling to the lowest level in seven years, according to a survey by the country’s export financing agency. Export Development Canada’s trade confidence index, a composite gauge based on a bi-annual survey of 1,000 businesses, dropped to 69.8, compared with 73.7 at the end ...

Bloomberg Allianz SE is making another bet on New York City’s Hudson Yards, buying into a second skyscraper in the development. The German insurer paid $384 million for a 49 percent stake in an office condo at 30 Hudson Yards, according to a statement. The transaction is part of a sale-leaseback with Related Cos., the co-developer of the $25 billion ...