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The Market Tells Opioid Drugmakers to Settle Up

(Bloomberg Opinion) — The markets are sending a message to drugmakers facing opioid litigation: Settle up.Johnson & Johnson late Tuesday announced its first legal settlement over the pharmaceutical giant’s alleged role in spurring the opioid crisis, a modest $20 million deal with two Ohio counties. The agreement will see it avoid a risky trial later this month and the company’s stock rose as much as 3.6% in early trading. J&J’s deal came a day after a report that drugmakers may use Purdue Pharma’s bankruptcy as a model for a broader settlement, news that briefly boosted smaller companies including Mallinckrodt PLC, …read more […]

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Race Tightens Between EVs and ICE-Powered Cars

It was bound to happen eventually. I just didn’t think it would happen this quickly.
The electric vehicle industry has finally reached its tipping point.
The EV revolution cannot be stopped.
And I’m not the only one who thinks so.
Auto analyst Felipe Muñoz said 2018 was probably the peak of internal combustion engine (ICE) car sales. He predicts EVs will outsell ICE-powered vehicles by 2030.
Within the next decade, we can expect to see the beginning of the end for fossil fuel-powered vehicles. And in the same time frame, it may become comparable or cheaper to buy the average EV.
A Global Trend
After a slow …read more […]

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Make 3 People Smile Today

Charisma is an important characteristic to become a successful businessperson or entrepreneur, but it doesn’t come naturally to a lot of people.
Today, Mark Ford shares a simple way to be more charming along your journey to a rich life.

Today, I want to talk about one way to be more charming.
Charm is a crucial component of charisma. And charisma is a trait that will aid anyone, whether you’re a salesman or an engineer.
The technique I’m going to present I got from a colleague who uses it successfully every time he wants something from me. I am not sure he does it …read more […]

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Stocks Slide After Signs of Weakening Trade

Trade tensions between the U.S. and China has left investors in a constant state of uncertainty.
Eric Marshall, Hodges Funds Portfolio Manager, says a positive resolution on trade is not priced into the market, leaving discounted stocks on the table. He joined On The Move to discuss. …read more […]

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Iran’s Rouhani Upbeat on European Plan to Save Nuclear Deal

(Bloomberg) — Iran’s president gave an upbeat assessment of a European plan to ease the crisis over the 2015 nuclear deal that has threatened to tip the Gulf region into war.In a cabinet meeting on Wednesday, Hassan Rouhani said he found the main terms of a four-point proposal, spearheaded by his French counterpart Emmanuel Macron, to revive the embattled accord “acceptable.”The plan calls for Washington to remove sanctions on Iran, allowing the Islamic Republic to export its oil and collect the revenue, in return for an Iranian commitment not to pursue nuclear weapons and help ensure Gulf security, he said. …read more […]

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European markets tumble as Boris Johnson issues ultimatum to EU over Brexit

Weakness in overseas markets comes amid new questions over Brexit, with British Prime Minister Boris Johnson giving an ultimatum to the EU, saying European leaders need to negotiate a new Brexit deal or the UK will leave without one. Yahoo Finance’s Brian Sozzi and Alexis Christoforous discuss. …read more […]