The Human Cost of Xiaomi’s Rapid Pivot to EVs

Xiaomi’s pivot from smartphones to electric vehicles may have come at a human cost, as the wife of one worker alleges the intense schedule contributed to his death last year. Bloomberg’s Peter Elstrom discusses the story and the culture of long working hours in the Chinese tech sector with Caroline Hyde on “Bloomberg Tech.” (Source: Bloomberg)

Dr. Oz and FDA chief say biosimilar drug reform will lower prices

Trump administration officials pledged Monday that major reforms for biosimilar drug approvals will expand access and lower prices for some of the most expensive drugs on the market. Food and Drug Administration Commissioner Marty Makary and Centers for Medicare and Medicaid Services Administrator Mehmet Oz outlined further details about the Trump administration’s plan to slash [.].

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