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Pharmaceuticals face 100% tariffs in US – unless they have a deal
Richard Frank, a senior fellow at the Brookings Institution and director of its Center on Health Policy, said it was hard to judge the impact of the order given questions about its scope, including how many drugs might be able to win exemptions, and how many companies would end up striking deals.
Molly Tea: Backlash after firm ordered to pay Louis Vuitton $1.5m
Popular Chinese tea chain Molly Tea has been ordered to pay 10.3m yuan (£1.1m; $1.5m) in damages after a court ruled that its logo infringed a Louis Vuitton trademark, fuelling an online debate over copyright protection. Chinese media reported last week that a court in the eastern Jiangsu province ruled that the Shenzhen-based tea company…
Ex-New York Times writer Bari Weiss to lead CBS after Paramount deal
Getty Images Paramount has named former New York Times opinion writer Bari Weiss to lead CBS News, in the latest move by new owners to reshape operations of one of America’s leading news organisations. Paramount is also buying The Free Press, the digital outlet Weiss started after her acrimonious departure from the New York Times,…
Rishi Sunak hired by Microsoft and Anthropic as paid adviser
Rishi Sunak has taken up paid adviser roles at tech giant Microsoft and artificial intelligence start-up Anthropic. The former prime minister has been told he must not lobby ministers on behalf of the companies by the Advisory Committee on Business Appointments (Acoba), an independent watchdog which oversees the activities of former government figures. Sunak –…
