Worldwide sales of Humira, AbbVie's heavily advertised prescription drug that treats rheumatoid arthritis and other ailments, hit $18.4 billion in 2017 — an increase of more than 14%. Humira represented about two-thirds of AbbVie's total revenue.
The big picture: Humira, which costs $38,000 after rebates, is the top-selling drug on the planet. If Humira were a standalone company, it would be larger than many Fortune 500 conglomerates, such as General Mills, Halliburton or Xerox.
A Trump supporter protests Pennsylvania's stay-at-home order, during a May 15 rally outside the Capitol in Harrisburg. Photo: Mark Makela/Getty Images
President Trump is going all-in on pushing for a rapid, robust return to normal life, creating a visual, visceral contrast with Joe Biden and other Democrats who are more reticent to rip the masks off.
The state of play: Business friends have been urging Trump from the beginning to keep the lockdowns short. He's listening more and more.
Illustration: Aïda Amer/Axios
Google, Facebook and other tech giants face a summer of regulatory grilling as long-running investigations into potential anticompetitive practices likely come to a head.
The big picture: Probes into the power of Big Tech launched by federal and state authorities are turning a year old, and observers expect action in the form of formal lawsuits and potentially damning reports — even as the companies have become a lifeline for Americans during the pandemic lockdown.
Palantir is "getting close" to a decision on whether to move the company out of California, CEO Alex Karp said in an interview for "Axios on HBO."
The state of play: "We haven't picked a place yet, but it's going to be closer to the East Coast than the West Coast. ... If I had to guess, I would guess something like Colorado."