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Investors Are Too Spooked by Washington's PBM Crackdown
Efforts to take on Cigna’s and CVS’s pharmacy benefit managers won’t hurt as much as Wall Street expects. Source link
Justice Department Sues Activision Over Esports Leagues
The government alleges the videogame company imposed rules that limited competition for players and suppressed wages. Source link
Saudi-Led Oil Producers to Lower Output Further
The new cuts are expected to total more than a million barrels a day, a surprise move that led to a jump in crude prices.
FTC Rejects Illumina's $7 Billion Deal for Cancer-Test Developer Grail
The agency said the combination would hurt competition for cancer-detection tests while raising prices. Source link
The 'King Kong' of Weight-Loss Drugs Is Coming
Eli Lilly’s Mounjaro could outpace Ozempic as the most powerful treatment on the market. To develop it, the drug company needed to overhaul long-held but
The Right Amount of Cards, Cash and ID to Carry in Your Wallet
April 3, 2023 10:00 am ET Listen to article (2 minutes) As phones take on more of the work of wallets, people are rethinking how
Glencore Returns to Acquisitions With Offer for Canadian Miner Teck
Business The offer is one of the largest mining takeover attempts in several years Source link
Micron Gets Caught in U.S.-China Crossfire
Markets Heard on the Street Beijing has long hesitated to strike back at U.S. chip companies—but Micron is a soft target Source link
Rising Rates Take Some Shine Off Private Markets
Markets Finance Higher-yielding bonds lure public pension funds that loaded up on alternative assets Source link
Paris Votes to Ban E-Scooter Rental Companies
World Europe Companies operating in Paris, such as Lime, must pull scooter fleets by Sept. 1 Source link