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Both sides blame each other for high drug prices. Senator Bernie Sanders, who chairs the Senate Health, Education, Labor, and Pensions (HELP) Committee, is a fierce critic of both industries and will likely grill the executives. Optum Rx CEO Heather Cianfrocco will say manufacturers alone set the drug prices and abuse patent protections to stifle competition, her written testimony shows. Lilly, Novo Nordisk, and Sanofi all said in March they were cutting list prices by more than 70% for some insulin products. Uninsured people often have to pay full list prices, an average of $900 a month, forcing many to ration or skip doses.

The priciest New York City residential real estate as ranked by median listing price is in downtown Manhattan’s 10013 ZIP Code, according to Realtor.com. ( News Corp , owner of The Wall Street Journal, also operates Realtor.com under license from the National Association of Realtors.) While the 0.55 square mile ZIP Code covers several neighborhoods—it touches parts of SoHo and Chinatown and encompasses Little Italy—it’s largely synonymous with Tribeca, located on the city’s west side along the Hudson River. Tribeca, characterized by cobblestone streets, is known for its old industrial buildings that have been converted into large, hip residential lofts that can accommodate growing families. The enclave’s appeal rests not only in its mellow neighborhood vibe but also in its access to waterfront living, green spaces and great schools in the area.

☆ Turkey, Syria, Russia and Iran in highest-level talks since Syrian war
▼ + stars: | 2023-05-10 | by ( ) www.reuters.com time to read: +2 min

ANKARA, May 10 (Reuters) - Foreign ministers for Turkey, Syria, Russia and Iran met on Wednesday in Moscow, marking the highest-level talks so far on rebuilding ties between Ankara and Damascus after years of animosity during Syria's civil war. NATO member Turkey has backed political and armed opposition to Syrian President Bashar al-Assad during the 12-year civil war, and sent its own troops into the country's north. Cavusoglu said "taking the political process in Syria forward and protection of Syria's territorial integrity" were the other issues discussed. Russia's foreign ministry said in a statement there had been a "positive and constructive atmosphere" and that the countries' deputy foreign ministers would be tasked with preparing a roadmap to advance Syria-Turkey ties. Syrian and Turkish defence ministers had also held talks in Moscow in December.

Sources said some factoring companies were giving loans with a 70% interest rate, up from 30% in February. For the first time, the rates offered by banks and factoring firms are aligned," he said. Corporates which are not able to get loans from banks are now borrowing from factoring firms with high level of interest, said another banking source. The source said factoring companies and banks can use a funding facility at the Istanbul Settlement and Custody Bank (Takasbank) and these loans' interest rates are around 45%. "Some brokerage houses either trimmed down the leverage ratio for their clients or closed their positions due to the increasing interest rates at Takasbank.

☆ Eli Lilly CEO vows not to raise insulin prices again, while Novo Nordisk and Sanofi hedge
▼ + stars: | 2023-05-10 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +2 min

Sen. Bernie Sanders, the committee's chair, asked Ricks and the CEOs of Novo Nordisk and Sanofi to commit to "never increase the price of any insulin drug again." Meanwhile, Novo Nordisk CEO Lars Fruergaard Jørgensen said the Danish company is committed to limiting price increases to "single digits." Net price refers to the amount insurers pay for an insulin drug after discounts and rebates. Sanofi said it plans to cut the price of its most popular insulin drug, Lantus, by 78% and reduce the list price of its short-acting insulin, Apidra, by 70%. At the hearing, Sanders called those actions "good news" and a result of public pressure.

☆ Biden Woos Republican Moderates in Debt Ceiling Standoff
▼ + stars: | 2023-05-10 | by ( Peter Baker | Nicholas Fandos | ) www.nytimes.com time to read: +1 min

President Biden sought to drive a wedge among Republicans in their escalating dispute over spending and debt on Wednesday, effectively reaching out to moderates in hopes of convincing them to break away from Speaker Kevin McCarthy rather than risk triggering a national default that could throw the economy into a tailspin. Appearing in a competitive suburb with a vulnerable House Republican in his sights, Mr. Biden accused Mr. McCarthy of pursuing a radical strategy at the behest of the “extreme” wing of his party loyal to former President Donald J. Trump, putting the country in economic jeopardy in a way that he said reasonable Republicans of his own era in the Senate would not have done. “They’ve taken control of the House,” Mr. Biden said of this wing to a friendly audience at SUNY Westchester Community College in New York’s Hudson Valley. “They have a speaker who has his job because he yielded to the, quote, MAGA element of the party,” he added. Those hard-right Republicans, Mr. Biden said, are “literally, not figuratively, holding the economy hostage by threatening to default on our nation’s debt, debt we’ve already incurred, we’ve already incurred over the last couple hundred years, unless we give into their threats and demands.”

☆ New York Is Full of Empty Offices After Covid. Make Way for the Playground City. - The New York Times
▼ + stars: | 2023-05-10 | by ( Edward L. Glaeser | Carlo Ratti | ) www.nytimes.com time to read: +20 min

We are witnessing the dawn of a new kind of urban area: the Playground City. The transformation toward the Playground City will not happen on its own. To draw people into the Playground City, we need to show, not tell. 6.Engage citizensGovernments should empower citizens to participate directly in making the Playground City. The Playground City sees people as both a means and an end, and it should involve them in the process of its creation.

Reuters spoke to political tacticians and advisers inside and outside the White House and Congress about tell-tale signals that could come from the meeting. The meeting is set to include Biden, McCarthy, Senate Democratic Majority Leader Chuck Schumer, Senate Minority Leader Mitch McConnell and House Democratic minority leader Hakeem Jeffries. As invitees to the White House, they're not expected to bring any other lawmakers. MCCARTHY, BIDEN'S TONE BEFORE AND AFTERHeading into Tuesday's meeting, Biden and McCarthy have cast one another as stubborn, misguided and, at times, dangerous. White House officials say they want this to be a productive meeting, not just Washington theater.

☆ Wynn Resorts delivers the quarter we've been waiting for, bolstered by China
▼ + stars: | 2023-05-09 | by ( Jeff Marks | ) www.cnbc.com time to read: +7 min

Wynn Resorts (WYNN) delivered a much better-than-expected first quarter Wednesday, with the casino. It appears the miss could be attributed to individual wealthy gamblers frequenting Wynn Palace at the expense of Wynn Macao, which historically is more exposed to groups and tours. Las Vegas Wynn Las Vegas continues to post big results, generating an all-time record adjusted EBITDAR of $231.6 million. There may be a lot of talk out there about a pullback in consumer spending, but it isn't showing up at Wynn Las Vegas. On a hold normalized basis, Wynn Las Vegas' EBITDAR margins expanded 300 basis points year-over-year and 1,400 basis points from the first quarter of 2019.

☆ I paid a stranger on Facebook $1,545 for tickets to Taylor Swift's 'Eras Tour.' Here's how I avoided getting scammed.
▼ + stars: | 2023-05-09 | by ( Joni Sweet | ) www.businessinsider.com time to read: +9 min

But like many Swifties, I never got access to Ticketmaster's disastrous presale for the Eras Tour. I posted on a Taylor Swift ticket-selling Facebook groupI turned to Facebook after I didn't hear back from several sellers on Twitter. Joni SweetMy search for Taylor Swift tickets started on Twitter. I had come across @ErasTourResell, an account which connects hopeful concertgoers with people selling their Eras Tour tickets for face value. I searched for terms like "Taylor Swift resell" and "Eras Tour tickets" and joined a few groups that came up.

☆ Analysis: In Turkey, an election reckoning for the rise and fall of Erdogan's economy
▼ + stars: | 2023-05-08 | by ( Jonathan Spicer | ) www.reuters.com time to read: +8 min

The May 14 vote, which lands during the Turkish Republic's centenary year, is Erdogan's biggest test yet. At the same time, a global reversal in market liquidity left Turkey and other emerging markets starved for funding. But the economic crisis was damaging. This trend accelerated in 2013, wiping out big gains made in 2006-2010 during Erdogan's first decade in charge. "If Erdogan wins the election and continues his economic policy it will come to a complete crash at one point.

☆ Adam Brace, Director of Ambitious One-Person Shows, Dies at 43
▼ + stars: | 2023-05-07 | by ( Richard Sandomir | ) www.nytimes.com time to read: +1 min

“He looked after so much more than the jokes and the laughs,” said the American comedian Alex Edelman, whose show “Just for Us” is scheduled to begin performances at the Hudson Theater on June 22, after an Obie Award-winning run Off Broadway. It was also staged in London and at the Edinburgh Festival Fringe, the annual performing arts extravaganza. He’d take these personal stories and translate them into accessible shows.”“Just for Us” tells the story of how Mr. Edelman, after drawing the attention of white nationalists online, decided to infiltrate a group of them in Queens. It was nominated for an Olivier Award for best entertainment or comedy play and will open Off Broadway, at the Greenwich House Theater, next month. “With my show, he changed everything,” Ms. Kingsman, an Australian-born actor and writer, said by phone.

☆ Nice Guy Meets Iron Man in the First Novel by Tom Hanks
▼ + stars: | 2023-05-07 | by ( Alexandra Jacobs | ) www.nytimes.com time to read: +1 min

THE MAKING OF ANOTHER MAJOR MOTION PICTURE MASTERPIECE, by Tom Hanks. Sidelined by the pandemic, some actors fired up ceramics or sang fragments of “Imagine.” Tom Hanks, one of the most prominent to contract an early case of Covid, bounced back by making a run at the Great American Novel. Alas, it is more Forrest Gump trotting from coast to coast than Sully landing on the Hudson. Titled “The Making of Another Major Motion Picture Masterpiece,” the book arrives at a crossroads for Hollywood. The novel also acknowledges a fading time when leading actors, even avatars of Everyman decency like the author, were royalty: their work shown not in living rooms but red-velvet-swagged “palaces.”

[1/6] Britain's Prince Harry, Duke of Sussex, leaves Westminster Abbey following the coronation ceremony of Britain's King Charles and Queen Camilla, in London, Britain May 6, 2023. REUTERS/Toby Melville/PoolLONDON, May 6 (Reuters) - Prince Harry, the younger son of King Charles III, attended his father's coronation in Westminster Abbey on Saturday although he sat in the third row and did not appear on the Buckingham Palace balcony at the pinnacle of the celebration. It had been unclear until early April whether Harry, who now lives in California, would attend the historic occasion following a very public falling out with his family. In his book "Spare", published in January, Harry criticized his father, his stepmother Queen Camilla, and his brother Prince William, and accused the institution of treating he and his wife without compassion. His eldest son Archie was celebrating his fourth birthday on Saturday and Harry was thought to be keen to return as soon as possible.

☆ Turkey's Kilicdaroglu exits Erodogan's shadow in election race
▼ + stars: | 2023-05-06 | by ( Daren Butler | ) www.reuters.com time to read: +7 min

I know the cost of living and the hopelessness of young people," Kilicdaroglu told a rally last week. Even if he prevails, Kilicdaroglu faces challenges keeping an opposition alliance including nationalists, Islamists, secularists and liberals united. Many wonder whether Kilicdaroglu can defeat Erdogan, the country's longest-serving leader, whose campaigning charisma has helped deliver more than a dozen election victories. HEALING OLD WOUNDSBefore entering politics, Kilicdaroglu worked in the finance ministry and then chaired Turkey's Social Insurance Institution for most of the 1990s. "I have been boycotting the elections since 2018 but I will vote for Kemal Kilicdaroglu this time.

☆ Florals, hats and robes: colours and tradition at King Charles coronation
▼ + stars: | 2023-05-06 | by ( Marie-Louise Gumuchian | ) www.reuters.com time to read: +3 min

Yui Mok/Pool via REUTERSLONDON, May 6 (Reuters) - From traditional robes to statement headpieces, royals and guests wore an array of colourful outfits for the coronation of Britain's King Charles III on Saturday, filling London's Westminster Abbey with a mix of hues and designs. The monarch arrived at the Abbey in the crimson velvet Robe of State, worn by his grandfather King George VI at his 1937 coronation, a crimson coronation tunic and cream silk overshirt with royal naval trousers. Charles' siblings also wore traditional robes, while his nieces - Princesses Beatrice, Eugenie, Zara and Lady Louise wore dresses or coats in fuchsia, blue and floral prints respectively. There were traditional outfits from across the Commonwealth and peers wore red ceremonial robes. Colourful and statement hats and fascinators in fuchsia, orange and red peppered the Abbey.

[1/4] People wait to watch Britain's King Charles' procession to his coronation ceremony from Buckingham Palace to Westminster Abbey, at The Mall in London, Britain May 6, 2023. REUTERS/Stephanie LecocqLONDON, May 6 (Reuters) - Tens of thousands of people of all ages, from Britain and across the globe, braved the rain for a glimpse of the newly crowned King Charles in the streets of London and on Buckingham Palace's famous balcony on Saturday. "It was amazing to see them all there in real life, just like you’d see on a postcard." Charles, 74, ascended to the throne in September after the death of his mother Queen Elizabeth. But polls show the public generally approves of Charles as king and a majority still support the monarchy, even if younger people are far less interested.

☆ Police arrest anti-monarchy protesters ahead of King Charles' coronation
▼ + stars: | 2023-05-06 | by ( Andrew Macaskill | ) www.reuters.com time to read: +4 min

LONDON, May 6 (Reuters) - Police arrested the leader of the anti-monarchy group Republic hours before King Charles' coronation on Saturday and a number of other protesters who had gathered among the crowds lining the procession route in central London. "NOT MY KING"[1/2] An anti-monarchy demonstrator holds stickers ahead of Britain's King Charles’ procession to his coronation ceremony from Buckingham Palace to Westminster Abbey, at The Mall in London, Britain May 6, 2023. REUTERS/Peter Nicholls 1 2Some anti-monarchy protesters had held up signs saying "privatise them" and "abolish the monarchy, not the right to protest", and "Not My King". Most of the anti-monarchy protesters on Saturday had congregated in Trafalgar Square next to the bronze statue of King Charles I, who was beheaded in 1649, leading to a short-lived republic. While many other European monarchies have come and gone, or are far diminished in scale and importance, the British royal family has remained remarkably resilient.

☆ Prince Harry joins royals at King Charles' coronation, without Meghan
▼ + stars: | 2023-05-06 | by ( Suban Soraia | ) www.reuters.com time to read: +3 min

[1/6] Britain's Prince Harry, Duke of Sussex, leaves Westminster Abbey following the coronation ceremony of Britain's King Charles and Queen Camilla, in London, Britain May 6, 2023. REUTERS/Toby Melville/PoolLONDON, May 6 (Reuters) - Prince Harry, the younger son of King Charles III, attended his father's coronation in Westminster Abbey on Saturday although he had to settle for a third-row seat behind other members of the royal family. But his decision to quit royal duties and the rift with his family has divided public opinion. It would be difficult to picture Harry and Meghan on the balcony of Buckingham Palace with King Charles and other members of the royal family, she said. "He'll always be a Prince Harry to many people but for the other royal titles, no (he shouldn't keep them).

☆ Turkey's Kilicdaroglu exits Erdogan's shadow in election race
▼ + stars: | 2023-05-06 | by ( Daren Butler | ) www.reuters.com time to read: +7 min

I know the cost of living and the hopelessness of young people," Kilicdaroglu told a rally last week. Many wonder whether Kilicdaroglu can defeat Erdogan, the country's longest-serving leader, whose campaigning charisma has helped deliver more than a dozen election victories. The opposition has stressed that Erdogan's drive to slash interest rates set off the inflationary crisis that devastated household budgets. HEALING OLD WOUNDSBefore entering politics, Kilicdaroglu worked in the finance ministry and then chaired Turkey's Social Insurance Institution for most of the 1990s. "I have been boycotting the elections since 2018 but I will vote for Kemal Kilicdaroglu this time.

[1/4] People wait to watch Britain's King Charles' procession to his coronation ceremony from Buckingham Palace to Westminster Abbey, at The Mall in London, Britain May 6, 2023. From the early hours, people dressed in red, white and blue and clutching union flags lined the streets to watch the crowning of King Charles, the first coronation in Britain for 70 years that will be marked by a vast display of pomp and pageantry. But polls show the public generally approves of Charles as king and a majority still support the monarchy, even if younger people are far less interested. By 7 a.m. (0600 GMT) crowds on the grand Mall boulevard leading up to Buckingham Palace were 20-deep in places, with many wearing paper crowns and waving flags. "I think regardless of his age the king will reach out to younger people, I think he'll be more connected to the youth than the queen," he said.

☆ Royals wear historic robes, guests don bold colours for coronation
▼ + stars: | 2023-05-06 | by ( Marie-Louise Gumuchian | ) www.reuters.com time to read: +4 min

The monarch arrived in the crimson velvet Robe of State, worn by his grandfather King George VI at his 1937 coronation, a crimson coronation tunic and cream silk overshirt with royal naval trousers. Charles was crowned with the historic St Edward's Crown that has been used since the coronation of King Charles II in 1661. Both left the Abbey in purple Robes of Estate - Charles', previously worn by George VI and Camilla's designed by the Royal School of Needlework and featuring nature-themed embroidery. Charles' siblings wore traditional robes, while his nieces - Princesses Beatrice, Eugenie, Zara and Lady Louise wore dresses or coats in fuchsia, blue and floral prints respectively. There were traditional outfits from across the Commonwealth and peers wore red robes.

☆ The Coronation of King Charles: Order of Service
▼ + stars: | 2023-05-06 | by ( ) edition.cnn.com time to read: +46 min

The Archbishop saysI here present unto you King Charles, your undoubted King: Wherefore all you who are come this day to do your homage and service, are you willing to do the same? Christopher Finney GC saysI here present unto you King Charles, your undoubted King: Wherefore all you who are come this day to do your homage and service, are you willing to do the same? We praise thee, we bless thee,we worship thee, we glorify thee,we give thanks to thee for thy great glory,O Lord God, heavenly King, God the Father Almighty. O clap your hands together, all ye people;O sing unto God with the voice of melody. The King touches the Ring and the Archbishop saysReceive this Ring, symbol of kingly dignity and a sign of the covenant sworn this day, between God and King, King and people.

☆ Police arrest 52 including republicans during King Charles' coronation
▼ + stars: | 2023-05-06 | by ( Andrew Macaskill | ) www.reuters.com time to read: +5 min

LONDON, May 6 (Reuters) - Police arrested the leader of the anti-monarchy group Republic and 51 others at King Charles' coronation on Saturday, with officers saying their duty to prevent disruption outweighed the right to protest. [1/7] Protesters hold placards as people gather on the day of Britain's King Charles and Queen Camilla's coronation ceremony, in London, Britain May 6, 2023. Most of the anti-monarchy protesters on Saturday had congregated in Trafalgar Square next to the bronze statue of King Charles I, who was beheaded in 1649, leading to a short-lived republic. Since Charles became king last September, there have been protests at royal events. Events to mark the coronation in other countries where Charles is head of state were also low key.

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