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Teva Agrees to Pay $225 Million to Settle U.S. Price-Fixing Charges
The generic drugmaker’s U.S. unit also must sell the drug line for cholesterol treatment pravastatin. Source link
Tucker Carlson's Trump Interview Showcases Potential of Tie-Up With Elon Musk's X
The former Fox News host plans to stream pretaped conversation with the former president on X during Wednesday’s Republican presidential debate. Source link
Chinese E-Commerce Giants Pivot to Selling Inexpensive Goods
Alibaba’s and JD.com’s quarterly results exceeded expectations after they focused on offering discounted goods in an uncertain economic environment. Source link
EV Startup VinFast's Stock Rally Pushes Value Higher Than GM, Ford
Shares in the Vietnamese electric car company more than tripled in its first day of trading, giving it a roughly $86 billion market value. Source
Tesla Launches Cheaper, Lower-Range Model S and Model X
The electric-vehicle maker has cut prices for its U.S. vehicles multiple times this year in a bid to stoke demand in a cooling car market.
Lyft to Expand Its Ad Business as New CEO Eyes a Turnaround
The ride-sharing company and its larger rival, Uber, are racing to build significant ad operations. Source link
Drug Shortages Are a Boon to One Industry: Compounding Pharmacies
Hospitals increasingly rely on a sector that can start making drugs without FDA approval—and investment is pouring in. Source link
Pfizer’s Covid Boost Crashes to Earth
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First Pill for Postpartum Depression Is Approved by FDA
The pill, to be taken daily for at least two weeks, significantly reduced postpartum depression among new mothers in a recent trial. Source link
Warner Bros. Discovery Revenue Falls
The company’s streaming segment shed subscribers in the second quarter after the launch of its new service, Max. Source link