Global stocks extend gains as major indices hit records
World markets rose with the S&P 500 up 0.5 percent to 2328.25 and the Dow at 20412.16 while the Nasdaq climbed to 5763.96. Apple reached a record closing high, Chemours jumped on a DuPont settlement, and Zelug rose after Allergan agreed to buy. Telecoms led sector declines amid pricing concerns.
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Chemours
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West Virginia
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Zelug
Telecoms
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At&t
Sprint
Drug price sparks GOP worries over orphan drug policy
U.S. lawmakers urge Marathon Pharmaceuticals to lower the list price for deflazacort from 89,000 to about 54,000 dollars yearly, citing government incentives for orphan diseases. Marathon paused launch after the criticism, offering expanded access and plans to meet with caregivers. Duchenne muscular dystrophy affects about 15,000 patients, mostly boys, and progresses rapidly.
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U.S
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I-Vi
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Marathon Pharmaceuticals
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Marathon
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Aronin
Cure Duchenne
Duchenne
Four Republican senators weigh vote on Puzder nomination
Four GOP members on the Senate committee will not decide their stance on Andrew Puzder's labor secretary bid until after the confirmation hearing. Senator Susan Collins noted she is reviewing material including her former sister in law's Oprah appearance and domestic violence allegations, which she had not publicly assessed before.
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Associated Press
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Mitch McConnell
Puzder
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Oprah Winfrey
Lisa Fierstein
Andy
Verizon Reintroduces Unlimited Data Amid Carrier Pushback
Verizon reverses course by offering unlimited data plans to new customers, joining Sprint and T-Mobile in capitalizing on unlimited data. AT&T requires DirecTV for its unlimited option, with Verizon pricing starting at 80 per person and 180 for a family of four, while Sprint and T-Mobile market four-line bundles around 90 and 160 respectively. Existing Verizon customers retain old plans.
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T&t
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