Internal documents show drugmakers' reliance on US price hikes

Internal documents show drugmakers' reliance on US price hikes

House Democrats are using the results of an 18-month investigation into prescription drug pricing practices to highlight the extent to which pharmaceutical companies take advantage of a lack of pricing limits in the United States. Internal documents from …
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Moderna, Synnex rise; Micron, Enerpac Tool Group fall

The biotechnology company released additional encouraging data from an early study of a developing COVID-19 vaccine. Duke Energy Corp., up $6.15 to $88.56. The utility company rejected a buyout offer from NextEra Energy, according to the Wall Street …
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Coinbase CEO discourages politics at work, offers generous severance to employees who want to quit

Coinbase CEO Brian Armstrong told employees the company would offer severance packages for those who leave after he discouraged employee activism and political discussions at work. He points to “internal strife” at Silicon Valley companies that “engage …
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Northwell develops COVID-19 predictive tool that spots outbreaks 2 weeks in advance

New Hyde, N.Y.-based Northwell Health created a new predictive tool that can anticipate a spike in COVID-19 cases at its hospitals by mining user data patterns from the system’s website, according to a Sept. 30 news release. Four things to know: 1.
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Dow ends 525 points lower as tech tumbles, stocks close near session lows

Major U.S. stock indexes close lower, sliding in the final hour of trade, as market participants struggled to shake off worries about a lack of a coronavirus aid package and rising COVID-19 cases. See full story.
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