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Medicare weighs premium cut after limiting Alzheimer’s drug

WASHINGTON — Medicare said Thursday it’s considering a cut in enrollee premiums, after officials stuck with an earlier decision to sharply limit coverage for a pricey new Alzheimer’s drug projected to drive up program costs. The agency “is looking at that, and is still going through the process,” spokeswoman Beth Lynk said of a potential reduction in premiums, as Medicare announced its final coverage decision for Aduhelm, a drug whose benefits have been widely questioned in the medical community. Officials said Medicare will keep coverage restrictions imposed earlier on the ...

Six-days-a-week mail delivery saved; Biden signs Postal bill

WASHINGTON — A sweeping overhaul of the U.S. Postal Service meant to shore up the popular but beleaguered agency’s financial future and cement six-days-a-week mail delivery was signed into law Wednesday by President Joe Biden. The legislation cleared Congress last month after fully a ...

Amazon’s first US union overcomes challenges, faces new ones

NEW YORK — When a scrappy group of former and current warehouse workers on Staten Island, New York went head-to-head with Amazon in a union election, many compared it to a David and Goliath battle. David won. And the stunning upset on Friday brought sudden exposure to the organizers and ...

Suddenly, Twitter’s biggest stakeholder is Elon Musk

Tesla CEO Elon Musk has acquired a 9% stake in Twitter to become its largest shareholder while joining other critics in questioning the social media platform’s dedication to free speech and the First Amendment. Musk’s ultimate aim in acquiring 73.5 million shares, worth about $3 billion, ...

Amazon workers in NYC vote to unionize

NEW YORK — Amazon workers in Staten Island, New York, voted to unionize on Friday, marking the first successful U.S. organizing effort in the retail giant’s history and handing an unexpected win to a nascent group that fueled the union drive. Warehouse workers cast 2,654 votes — or ...

Bipartisan deal near on trimmed $10B COVID bill

WASHINGTON — Lawmakers moved to the brink Thursday of shaking hands on a scaled-back bipartisan compromise providing a fresh $10 billion to combat COVID-19, a deal that could set up final congressional approval next week. The price tag was down from an earlier $15.6 billion agreement ...