By Alan Murray
January 12, 2017

Good morning.

BCG is releasing its annual list of the world’s most innovative companies today, based on a survey of 1,500 executives globally. Among other things, it shows U.S. dominance in innovation is rising, not waning, with American companies taking the top six spots, and 34 of the top 50.

The top ten most innovative companies in 2016:

  1. Apple
  2. Google
  3. Tesla Motors
  4. Microsoft
  5. Amazon.com
  6. Netflix
  7. Samsung Electronics
  8. Toyota
  9. Facebook
  10. IBM

Only two Chinese companies made the top fifty – Xiaomi (35) and Huawei (46). BCG said one of the characteristics distinguishing the most innovative is a willingness to tap outside innovators. Some two-thirds of the most innovative said that they often find new ideas through external partners. BCG will publish the full report here, although it didn’t seem available at the time of this writing.

Separately, pharmaceutical companies lost about $24 billion in value yesterday, after Donald Trump called them “disastrous” and said they have been “getting away with murder” in their pricing. You can read his comments here.

More news below.

Alan Murray
@alansmurray
alan.murray@fortune.com

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