FTC opens investigation into Teva, escalating patent fight with pharmaceutical industry

The Federal Trade Commission has opened an investigation into Teva Pharmaceuticals, citing the company’s refusal to drop about two dozen patents for its asthma and COPD inhalers, according to confidential agency documents reviewed by The Washington Post. The FTC last week sent a civil investigative demand — effectively a subpoena — ordering Teva to provide … Read more

5 things to know before the stock market opens on Monday, July 1

Here are the top five things investors need to know to start day trading: 1. The second part The first half of the year is over and tech stocks continue to lead the way. Heavy technology Nasdaq Composite rose 18.1% in the first six months of the year as the artificial intelligence craze excited investors. … Read more