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Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

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Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military

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Marc Lore’s robots make 500 burrito bowls an hour. A human can make 45

1

Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

2

Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military

3

Marc Lore’s robots make 500 burrito bowls an hour. A human can make 45
opioids

President Trump Wants to Bring a Federal Case Against Opioid Makers

By
Lucas Laursen
Lucas Laursen
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By
Lucas Laursen
Lucas Laursen
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August 17, 2018, 7:51 AM ET

U.S. President Donald Trump yesterday asked Attorney General Jeff Sessions to bring a federal lawsuit against opioid manufacturers, the Wall Street Journal reports.

A majority of U.S. states and some municipalities and Native American tribes have pending legal cases against the manufacturers, in many cases accusing them of neglecting to warn patients of the drugs’ addictive potential. In April, the federal Justice Department requested to join their cases.

An independent federal case could have wider effects than state-by-state settlements or rulings.

Drug overdose deaths are making records in the U.S., the Centers for Disease Control and Prevention reported last week. If the CDC counted accidental overdose deaths, estimated at around 72,000 in 2017, separately from other accidental deaths, overdoses would rank in the top ten causes of death in the U.S.

Purdue Pharma LP, a major manufacturer of opioids facing lawsuits over its marketing practices, said in a statement that it, “is committed to working collaboratively with those affected by this public health crisis on meaningful solutions.” Other companies facing lawsuits over opioid sales include Johnson & Johnson, Endo International, and Teva Pharmaceuticals Industries.

Earlier this year, Trump asked the Justice Department to seek the death penalty in more drug trafficking cases.

For opioid users worried about becoming abusers, the U.S. has over 14,000 substance abuse treatment facilities and a national helpline operated by the Department of Health and Human Services.

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By Lucas Laursen
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