Briefs

Pfizer, Johnson & Johnson Settle High-Profile Remicade Biosim Lawsuit on Undisclosed Terms

Pfizer and Johnson & Johnson say they have settled their case after having been locked in a legal battle over biosimilars in the pharma industry for the past four years.

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Work-From-Anywhere Perks Give Silicon Valley a New Edge in Talent War

Tech companies in Silicon Valley are finally embracing “work from anywhere” policies, allowing workers to relocate out of the Bay Area and hiring in places that had gone unrecruited until the pandemic.

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Big Pharma Quietly Pushes Back on Global Tax Deal, Citing Covid-19 Role

Big pharma companies and lobbyists are telling Congress to not raise taxes on the industry after it was successfully able to fast-track Covid-19 vaccines.

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Trucks Move Past Cars on the Road to Autonomy

Heavy investment in autonomous trucking startups has industry experts believing that self-driving trucks, not cars, will be the first to hit public roads en masse.

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Aon’s $30bn Acquisition of Willis Towers Watson Collapses

Insurance brokers Aon and Willis Towers Watson have called off a deal that would have created the world’s biggest insurance broker following the U.S. government’s lawsuit to block the acquisition.

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Rookie Bankers Sour on Wall Street Pitch of Big Pay and Long Hours

Investment banking is losing its appeal among young professionals as employees prioritize work-life balance over money.

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Gas Engines, and the People Behind Them, Are Cast Aside for Electric Vehicles

While the new wave of electric vehicles hasn’t made its way into showrooms, manufacturers have poured billions of dollars into electric motors and battery factories.

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Supply-Chain Executives See Long Road Ahead for Diversity Efforts

Logistics companies and other supply-chain operators are rolling out recruitment and training programs aimed at diversifying the industry.

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The Noncompete Clause Gets a Closer Look

The noncompete clause in President Biden’s latest executive order is under review — the section calls on the FTC to ban or limit clauses in employment contracts that restrict workers’ freedom to change jobs.

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McDonald’s Pledges to Diversify Supplier Ranks

McDonald’s announced that it will dedicate a quarter of its annual supply chain spending to diverse-owned suppliers by 2025.

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