Pharmaceutical and biotech stocks plummeted Wednesday after President-elect Donald Trump said he¡¯d force the industry to bid for government business, a position that aligns him with congressional Democrats and against the powerful drug-manufacturing lobby.
¡°They¡¯re getting away with murder,¡± Trump said at a press conference in New York.¡°Pharma has a lot of lobbyists and a lot of power and there is very little bidding. We¡¯re the largest buyer of drugs in the world and yet we don¡¯t bid properly and we¡¯re going to save billions of dollars.¡±
NEW YORK -- The Dow Jones industrial average is tantalizingly close to the 20,000 mark today as U.S. stock indexes close in on all-time highs following a shaky start. The federal government's December jobs report showed that wages jumped by the largest amount in seven years, though hiring was a bit weaker than expected. Technology and industrial companies are making the biggest gains.
From Jan. 1 through Wednesday, 135 officers losttheir lives. Some died in traffic accidents, but nearly half were shot to death.That's a 56 percent increase in shooting deaths over the previous year. Of the 64 who were fatally shot, 21 were killed in ambush attacks often fueled by anger over police use of force involving minorities.
At first glance, Florida's Amendment 1 looks sunny for solar power. If it passes on Tuesday with 60 percent of the vote, the measure would give Floridians a constitutional right to a solar panel. ... But Floridians can already own solar panels. Buried in the second sentence, if you bother to read past the right to a solar panel, you'll find the real purpose of the measure: a provision that could end "net metering," which allows solar panel owners to sell excess power back to their utility on hot summer days. This change would vastly reduce the incentive to own or lease solar panels. A similar initiative in Nevada this winter "brought rooftop solar to a dead stop" in the state. read more
One of the most demonized patients in history, Gaetan Dugas, has been cleared of claims he first spread HIV to the U.S. A new study published in the journal Nature based on blood collected for hepatitis trials showed he was just one of thousands of infected people in the 1970s. Richard McKay, a science historian at the University of Cambridge, said: "Gaetan Dugas is ... one of a long line of individuals and groups vilified in the belief that they somehow fueled epidemics with malicious intent." The Air Canada employee who died in 1984 was labelled Patient O by the Centers for Disease Control because he was a case "Out of California." Over time the O became a 0 and the term Patient Zero was born.