Ben Popken
Ben Popken
NBCNEWS Senior Business Reporter. I built up http://Consumerist.com. Eyes on economy struggles. Get my stories by email or RSS: http://authory.com/benpopkenSource
Brooklyn, New York
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28 million Americans see spike in prescription drug prices

28 million Americans see spike in prescription drug prices

You have permission to edit this article.ChattanoogaClear78°54°62°AltamontClear76°53°59°AthensFair77°53°62°BentonClear78°54°62°ChatsworthClear78°54°62°DaltonClear77°52°60°DaytonClear69°50°53°DunlapClear78°54°62°MurphyFair77°53°62°PikevilleClear69°50°53°SummervilleClear80°53°63°RinggoldClear78°54°62°TrentonClear78°54°62°BY ALI VELSHI, ALLISON GIRVIN, BEN POPKEN and MICHAEL CAPPETTA, NBC News(NBC News) - At least 28 million Americans have experienced a spike in the cost of their prescription medications in the past 12 months. And for 4 million of them, the price was so high they walked away...

June 14, 2017
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Trump brands could eye the exit after Capitol riot

Trump brands could eye the exit after Capitol riot

IE 11 is not supported. For an optimal experience visit our site on another browser.SKIP TO CONTENTBy From country clubs to entertainment shows, President Donald Trump's business empire could face heavy pressure after his involvement in last week's violence at the U.S. Capitol.While consumer mass-market merchandise deals for Trump ties and steaks, as well as his daughter Ivanka's clothing line, largely evaporated years ago, Trump still holds millions of dollars' worth of real estate development and name licensing deals.The New York mayor's office said it was looking at its legal options to...

January 11, 2021
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Chick-fil-A sues chicken producers, alleging price fixing on billions of dollars of poultry

Chick-fil-A sues chicken producers, alleging price fixing on billions of dollars of poultry

Dec. 8, 2020, 12:26 AM UTCUpdated Dec. 8, 2020, 12:32 AM UTCBy Ben PopkenThe fast-food chain Chick-fil-A is suing a string of high-profile chicken suppliers, accusing them of illegally coordinating with one another to keep prices artificially high on billions of dollars of poultry.The suit names 17 defendants, including Tyson Foods, Perdue Farms, Pilgrim's Pride and Sanderson Farms.For Chick-fil-A, the country's largest chicken fast-food restaurant chain by sales volume, to join means in essence that "the retail side of the chicken industry is at war with the producers," said...

December 8, 2020
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Release of PPP loan recipients' reveals troubling patterns

Release of PPP loan recipients' reveals troubling patterns

IE 11 is not supported. For an optimal experience visit our site on another browser.SKIP TO CONTENTBy and Sweeping on who benefited from pandemic relief programs raises questions about the equitability and distribution of loans intended for small businesses, an initial analysis by NBC News shows.The analysis found that tenants paying rent at properties owned by the Trump Organization as well as the Kushner Companies, owned by the family of Jared Kushner, President Donald Trump's son-in-law and senior adviser, benefited financially from the program. These tenants received loans, which they...

December 2, 2020
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Regeneron board member and executive sell $1 million in stock after Trump touts treatment

Regeneron board member and executive sell $1 million in stock after Trump touts treatment

SectionsFeaturedtvFollow NBC NewsMore From NBC© 2022 NBCNEWS.COMBy Ben PopkenA Regeneron executive and one of its directors sold $1 million worth of stocks two days after President Donald Trump announced he was taking their therapeutic, recent filings from the Securities and Exchange Commission reveal.Last Friday night, the White House announced that as part of Trump's treatment for coronavirus, he had received Regeneron’s experimental antibody cocktail that has not passed formal trials or been approved by the Food and Drug Administration.One day later, the president about his treatment at...

October 10, 2020
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Judge orders Trump administration to reveal PPP loan data it sought to obscure

Judge orders Trump administration to reveal PPP loan data it sought to obscure

SectionsFeaturedtvFollow NBC NewsMore From NBC© 2022 NBCNEWS.COMBy Ben Popken and Andrew W. LehrenA federal judge on Thursday ordered the Small Business Administration to release details on coronavirus pandemic-related loans that would disclose information on businesses that benefited from $717 billion in federally backed borrowings.The judge ordered the agency to disclose all the names, addresses and precise loan amounts issued through the Paycheck Protection Program and Emergency Injury Disaster Loan program. The decision comes after a lawsuit was filed by a dozen news organizations,...

November 8, 2020
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Trump says U.S. economic recovery is faster than any other country's — but China has roared ahead

Trump says U.S. economic recovery is faster than any other country's — but China has roared ahead

IE 11 is not supported. For an optimal experience visit our site on another browser.SKIP TO CONTENTBy The U.S. is "leading the world in economic recovery," President Donald Trump , a declaration that economists were swift to rebuff."It is tenuous, at best," Nick Mazing, director of research at the data provider Sentieo, said in an email.Several measures of economic recovery show that the U.S. has fallen behind China and several other major countries during the global coronavirus pandemic.With a national unemployment rate of 7.9 percent, the U.S. is faring slightly worse than most other...

October 7, 2020
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Apple is now worth $2 trillion, making it the most valuable company in the world

Apple is now worth $2 trillion, making it the most valuable company in the world

SectionsFeaturedtvFollow NBC NewsMore From NBC© 2022 NBCNEWS.COMBy Ben PopkenApple just crossed the $2 trillion market capitalization mark, becoming only the second company ever to do so.From a garage in Los Altos, California to the most profitable company in the world with its devices, services and ethos interwoven into much of modern daily life, the high-flying valuation sets it apart from its nearest tech competitors. Amazon and Microsoft boast market capitalizations of about $1.5 trillion each. Google’s is just north of $1 trillion.In terms of company fundamentals, there is little...

August 19, 2020
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Here are some of the billionaires who got PPP loans while small businesses went bankrupt

Here are some of the billionaires who got PPP loans while small businesses went bankrupt

IE 11 is not supported. For an optimal experience visit our site on another browser.SKIP TO CONTENTBy Billionaire property developer Joe Farrell, a prominent Republican fundraiser, received up to $1 million in taxpayer coronavirus relief funds, according to .Other players in the world of celebrity and influence who took advantage of to help struggling small businesses hurt by coronavirus shutdowns included Kanye West's $3 billion clothing and sneaker company, multimillionaire pop artist Jeff Koons and three branches of the Church of Scientology, which is reported to be worth at least $1...

July 7, 2020
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Regeneron board member and executive sell $1 million in stock after Trump touts treatment

Regeneron board member and executive sell $1 million in stock after Trump touts treatment

IE 11 is not supported. For an optimal experience visit our site on another browser.SKIP TO CONTENTBy A Regeneron executive and one of its directors sold $1 million worth of stocks two days after President Donald Trump announced he was taking their therapeutic, recent filings from the Securities and Exchange Commission reveal.Last Friday night, the White House announced that as part of Trump's treatment for coronavirus, he had received Regeneron’s experimental antibody cocktail that has not passed formal trials or been approved by the Food and Drug Administration.One day later, the...

October 10, 2020
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