Damian J Troise

December 15, 2022 | Daily Business Review

The Federal Reserve has been fighting to lower inflation at the same time that pockets of the economy, including employment and consumer spending, remain strong.

By Damian J. Troise

3 minute read

June 27, 2022 | Daily Business Review

Wall Street investors are worried about the path of inflation and whether rising interest rates will temper the impact to businesses and consumers or push the economy into a recession.

By Damian J. Troise

3 minute read

August 14, 2008 | Daily Report Online

NEW YORK AP - Biotechnology giant Genentech Inc. rejected a $43.7 billion buyout offer from its majority owner Roche on Wednesday but said it is open to a higher takeover bid.The rejection comes nearly a month after Swiss drug developer Roche offered $89 per share for the rest of South San Francisco, Calif.-based Genentech.

By DAMIAN J. TROISE

3 minute read

December 26, 2007 | The Legal Intelligencer

A patent dispute over the heartburn drug Protonix escalated Monday when Wyeth said it will sue to recover lost profits from sales of Teva Pharmaceutical Industries Ltd.'s generic version.

By DAMIAN J. TROISE

3 minute read

February 10, 2009 | Daily Report Online

INDIANAPOLIS AP - The American Medical Association is joining several state associations in suing health insurers Aetna Inc. and Cigna Corp. over a database they say was rigged to underpay doctors on out-of-network claims for more than a decade.But Cigna says the rates doctors charge are part of the problem.The lawsuits heap more criticism on Ingenix Inc.

By TOM MURPHY and DAMIAN J. TROISE

4 minute read