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Donald Trump attacks Pfizer over drug cost

Bloomberg President Donald Trump said Pfizer Inc. should be ‘ashamed’ for raising the prices of its pharmaceutical products, briefly rattling shares of the US drug giant. “Pfizer & others should be ashamed that they have raised drug prices for no reason,” Trump said in a tweet. “They are merely taking advantage of the poor & others unable to defend themselves, ...

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Groupon surges on report it is looking for a buyer

Bloomberg Groupon Inc. surged in premarket trading after a report that the discount-slinging website is actively seeking a buyer. The merchandise and voucher vendor has approached several public companies in recent weeks to try to drum up interest in a sale, Recode reported, citing two people it said were briefed on the effort and without identifying the companies involved. Chicago-based ...

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Brexit resignations create new uncertainty for UK business

Bloomberg Just as Prime Minister Theresa May softened her plan for leaving the European Union — a move that companies welcomed — the resignation of the UK’s top Brexit officials creates new uncertainty for business. Carolyn Fairbairn, the director-general of the Confederation of British Industry, called the weekend resignations of Brexit Secretary David Davis and his deputy, Steve Baker, a ...

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