Mindblown: a blog about philosophy.
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Pharma stocks crater as investors brace for billions in heartburn drug litigation charges
Shares of GlaxoSmithKline, Sanofi and Haleon all sold off sharply this week, shedding tens of billions in market value, amid investor fear over potential U.S. litigation charges focused on popular heartburn drug Zantac. This has been a known issue bumbling in the background for years but investor concern exploded this week in the lead-up to the first scheduled legal proceeding…
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Stocks making the biggest moves premarket: Honest Company, Rivian, Illumina and others
Check out the companies making headlines before the bell: Honest Company (HNST) – Honest Company’s stock rose 1.6% in the premarket in spite of a wider-than-expected quarterly loss. The natural consumer products maker now sees a wider full-year loss than previously thought, due to cost pressures, but expects improvement as the year goes on, including positive…
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Biden senior advisor Anita Dunn has to divest investment portfolio worth between $16.8 million and $48.2 million to avoid conflicts
White House senior advisor Anita Dunn is being forced to divest an investment portfolio worth an estimated $16.8 million to $48.2 million that ethics attorneys say poses significant conflicts of interest in her new role. The political and communication’s strategist will also have to recuse herself from a myriad of domestic and international issues that…
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Trump faces a slew of investigations and lawsuits — and they’re heating up as he weighs White House run
Former US President Donald Trump raises his fist while walking to a vehicle outside of Trump Tower in New York City on August 10, 2022. Stringer | AFP | Getty Images As Donald Trump considers whether to make a third run for the White House — and when to announce that decision — the former president faces…
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How to pick the best MacBook so you’re not overspending for what you don’t need
A new MacBook Air running M2 chip is seen displayed during Apple’s annual Worldwide Developers Conference in San Jose, California, June 6, 2022. Peter Dasilva | Reuters Apple has five MacBook computers to choose from, which might be a little daunting if you’re in the market for a new laptop as we hit back-to-school season. There’s…
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Dutch detain suspected developer of crypto mixer Tornado Cash
The Tornado Cash website displayed on a laptop and smartphone screen arranged in London, on Tuesday, March 15, 2022. Luke MacGregor | Bloomberg | Getty Images Dutch authorities on Friday said they had arrested a 29-year-old man believed to be a developer for the crypto mixing service Tornado Cash, which the United States put on…
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Popular meditation app maker Calm reportedly lays off 20% of employees
The popular meditation startup Calm, known for its wellness app of the same name, has laid off 20% of its staff, according to The Wall Street Journal, which viewed a memo sent by CEO David Ko to employees on Thursday. Roughly 90 out of 400 Calm employees were laid off, according to the Wall Street Journal.…
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Samsung exec explains why the company’s folding phones are so important to its business
Samsung The head of Samsung’s mobile business, Roh Tae-moon, recently explained to The Wall Street Journal why folding phones are so important to the company’s business. Roh said in the report that Samsung’s foldable phones are attracting three times more brand switchers than Samsung’s regular Galaxy S phones. That means people are moving away from other phone makers,…
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Your iPhone can identify any song with just a tap. Here’s how to set it up
Christopher Polk | Getty Images Your iPhone has a useful feature you might not know about. You can identify the song that’s playing on the radio at a bar, in your car or at a friend’s house, all without having to open an app. All you have to do is swipe down and tap a…
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Polio detected in New York City sewage suggesting local circulation of virus, health officials say
NYC commissioner for health Dr Mary T. Bassett Andy Katz | Pacific Press | Lightrocket | Getty Images Polio has been detected in New York City, suggesting local circulation of the virus, health officials said on Friday. New York State Health Commissioner Dr. Mary Bassett called the findings alarming. Bassett said local and federal health…
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