Estimated read time: 1-2 minutes
This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.
NEW YORK (AP) — Global shares fell today in lackluster trading following a bleak day on Wall Street. Dow and S&P futures were down 0.2 percent, suggesting Wall Street might extend losses following a selloff of drugmakers on Wednesday.
NEW YORK (AP) — Outrage over price increases by Mylan for its EpiPens, which deliver adrenaline to a patient suffering from a potentially fatal allergic reaction, have pulled pharmaceutical companies lower. Mylan has raised the price from roughly $100 for two pens to roughly $600.
WASHINGTON (AP) — Investors will be closely watching today's Labor Department report on the number of people who applied for unemployment benefits last week. And the Commerce Department will report on durable goods for July. Also, Freddie Mac will release the weekly mortgage rates.
BRUSSELS (AP) — The European Commission is rejecting U.S. Treasury Department complaints that probes into sweetheart tax deals between governments and big companies are hitting U.S. firms hardest. A Commission spokeswoman says "there is no bias against U.S. companies."
LOS ANGELES (AP) — A federal judge in Los Angeles has thrown cold water on a lawsuit that claimed Starbucks was defrauding customers by adding too much ice to its cold beverages. The judge tossed out the potential class-action lawsuit brought by an unhappy customer.
Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
