Scrutiny of Silicon Valley is mounting in Washington. A Democratic-led House panel released a report Tuesday that said America’s biggest technology companies leveraged their dominance to stamp out competition and stifle innovation. The report capped a 16-month inquiry into the market power of Facebook, Google,
Republicans issued a separate response that didn’t endorse many of the Democrats’ policy prescriptions and accused the companies of bias against conservative viewpoints. Facebook shares fell 2.3% Tuesday.
Regeneron Pharmaceuticals Inc.
A treatment meant to jump-start President Trump’s immune response to Covid-19 provided a healthy boost to Regeneron Pharmaceuticals shares on Monday. The President touted Regeneron’s drug cocktail after doctors administered it along with other treatments, including
Gilead Sciences Inc.’s
remdesivir, which has been authorized for emergency use to treat hospitalized Covid-19 patients. The Regeneron treatment hasn’t been approved for broad use, and the company said that Mr. Trump