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US lawmakers advance bill on banning TikTok
US lawmakers advance bill on banning TikTok
Business and Economy
by  AFP

A panel of US lawmakers voted Wednesday to advance a bill that would make it easier to ban Chinese-owned video sharing app TikTok, amid criticism that the proposal threatens free speech. "My bill mandates the administration to ban TikTok or any software applications that threaten US national security," said the committee's chairman Michael McCaul.

US drugmaker Eli Lilly says slashing insulin prices by 70%
US drugmaker Eli Lilly says slashing insulin prices by 70%
Business and Economy
by  AFP

US pharmaceutical giant Eli Lilly announced Wednesday it was cutting the cost of its most commonly prescribed insulins by 70 percent after years of soaring prices that hit millions of Americans living with diabetes. It will also lower the price of Humalog, its most commonly prescribed insulin, and Humulin, by 70 percent starting in the fourth quarter of this year.