Trump sets 100% tariff on generic drug imports starting in 2028
Why it matters: India supplies nearly half of generic medicines used in the U.S., and the levy rises to 200% in 2029.
The Straits Times, CNBC
Subject
#Pfizer
AstraZeneca drops 9% after Wainua heart trial fails main goal
Why it matters: The setback clouds AstraZeneca's push in ATTR cardiomyopathy, while partner Ionis fell 19% and analysts flagged a hit to investor trust.
Bloomberg, CNBC +1
NYC reopens streets after Midtown tower evacuation near Grand Central
What's new: The closure zone was cut to two blocks, but five buildings remain under full or partial evacuation orders.
Bloomberg, The New York Times +2
Buckled columns force evacuation at Manhattan tower conversion site
What's new: Officials reported no injuries, but nearby homes, businesses, a school and streets were cleared as engineers worked to stabilize the building.
Bloomberg, The New York Times +2