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Axios 7 hours ago
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China’s strategy for world domination: debt traps

China’s debt-trap diplomacy is giving the country greater control over developing nations across Asia and Africa, like Angola, Sri Lanka and Djibouti. This is all part of Xi Jinping’s grand strategy to make China the global superpower by 2050.

Dan Primack 9 mins ago
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Study says pharma mergers result in fewer new medicines

Photo by Charly Triballeau/AFP/Getty Images

Pharma company mergers are reducing the number of new medicines coming to market.

That's the finding of a new working paper from Yale and London Business School researchers, who determined that 5% more drugs would become available each year if not for what they refer to as "killer acquisitions."

Axios 1 hour ago
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Harvey Weinstein arraigned on rape charges

Photo: Bryan R. Smith/AFP/Getty Images

Harvey Weinstein surrendered to police and was led away in handcuffs in New York before being arraigned on charges related to the sexual abuse allegations that helped to launch the #MeToo movement.

The details: Per his lawyer, Weinstein intends to plead not guilty to the rape and criminal sex act charges. They stem from two of the dozens of women who have accused him of sexual misconduct, per the AP. Weinstein is free on $1 million bail with constant electronic monitoring and restricted travel outside New York and Connecticut.