Makers of patented drugs sometimes pay generic drug makers not to copy their drugs when they go off patent, allowing them to keep charging high prices. The U.S. Supreme Court says the FTC can challenge such deals.
Major League Baseball is reportedly on the verge of slapping long suspensions on some start players. How would that impact the finances of America's pastime?
Last year, Colorado became the first state to legalize recreational marijuana. Now it’s decided how to regulate it. The legislature approved a 25 percent tax on the sale of marijuana among other requirements.
The U.S. Anti-Doping Agency has released a report on alleged doping by retired cyclist and cancer survivor Lance Armstrong. But support for Armstrong's charitable organization Livestrong may be immune.
The secretive online marketplace works just like eBay or Amazon. The only difference is that its merchandise is illegal, and all of its users are anonymous.
The legendary cyclist has been stripped of his Tour de France titles, though he has not admitted to using performance-enhancing drugs. The developments could have serious implications for his personal brand.