Wells Fargo CEO Timothy Sloan is questioned by the House Financial Services Committee earlier this month. He will step down immediately, the company announced Thursday.
J. Scott Applewhite/AP
Stranded passengers who had been set to travel with Icelandic airline Wow Air are being forced to book new tickets and absorb unexpected costs after the airline shut down. Here, travelers wait in line at Iceland's international airport on Thursday.
Skuli Mogensen, CEO of Wow Air, poses during a delivery ceremony of his airline's first Airbus A321neo, at the Paris Air Show in 2017. The airline abruptly ceased its operations on Thursday.
Both Democrats and Republicans have introduced proposals that would impose a cap on out-of-pocket costs of prescription drugs for Medicare patients. But it's still unclear whether those moves will gain a foothold.
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One of the Trump administration's proposals would change the prices Medicare pays for certain prescription drugs by factoring in the average prices Europeans pay for the same medicines.
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The new strategy of some health plans for state employees is to pay hospitals a certain percentage above the basic Medicare reimbursement rate. It allows hospitals a small profit, the states say, while reducing costs to states and patients.