He gained notoriety after buying rights to Daraprim and raising its price from $13.50 to $750 per pill.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inArts & Entertainment, Business
Chris Wallace will host interview show for CNN on Sunday nights
Formerly of Fox News Channel, he has made some appearances on the network, including on primary coverage Tuesday night.
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Posted inBusiness, Nation & World
Park away from buildings: Engine fire risk prompts Ford SUV recall
Ford is asking the owners of 350,000 vehicles in to take them to dealers for repairs in three recalls.
Posted inBusiness, Nation & World
Moms seeking baby formula tire of being told to ‘just breastfeed’
Meanwhile, the Biden administration is allowing more imports and working to reopen the largest U.S. manufacturing plant.
Posted inBusiness, Nation & World
Buffalo shooting leaves neighborhood without a grocery store
The fact that there are no other options shows the racial and economic divide that existed long before the killings.
Posted inBusiness
Stocks fall sharply as Target’s woes renew inflation fears
The S&P 500 slumps 4 percent, its biggest decline since June 2020.
Posted inBusiness, Maine
South Portland firm’s vehicle-mounted pepper spray gun raises concerns
The company’s founder told a manufacturing industry group that the nonlethal weapon was inspired by Black Lives Matter protests during the summer of 2020.
Posted inBusiness, Maine, News
Some Portland flights turned away as jetport runway paving continues
The Portland International Jetport will be closed to air traffic overnight until its newly repaved main runway reopens in mid-June.
Posted inBusiness
Livestreamed carnage: Tech’s hard lessons from mass killings
Experts are calling for a broader discussion around livestreams after a white gunman killed 10 Black people at a Buffalo supermarket
Posted inBusiness, Uncategorized
Powell: Fed to keep hiking rates until it controls inflation
The chairman suggested Tuesday that the Federal Reserve would consider raising rates even faster if price increases failed to moderate.