In a significant move that could redefine the landscape of the alcoholic beverage distribution industry, the Federal Trade Commission (FTC) has initiated a lawsuit against Southern Glazer’s Wine and Spirits, the largest distributor of wine and spirits in the United States. The FTC claims that the company has engaged in illegal price discrimination practices, favoring
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In an impressive debut, ServiceTitan’s shares surged by 42% during their initial public offering (IPO) on Nasdaq, marking a significant moment in the technology and startup landscape. The cloud software provider tailored for contractors successfully raised approximately $625 million, prompting attention across the investment community. Priced at $71 per share, the stock opened at a
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Obeticholic acid, known commercially as Ocaliva, is a drug primarily indicated for the treatment of primary biliary cholangitis (PBC), a chronic liver disease. This medication works as a farnesoid X receptor (FXR) agonist and was accelerated into the market by the FDA in 2016 as a second-line therapeutic option, particularly for patients remaining symptomatic despite
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The smartphone market is evolving rapidly, with brands vying to capture consumer attention through innovative technology and sleek designs. Vivo has taken significant strides in this direction with the launch of its much-anticipated Vivo X200 and Vivo X200 Pro smartphones in India. Introduced on Thursday, these devices are positioned as flagships in Vivo’s X series
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The recent wildfire in Malibu highlights the precarious balance between human habitation and natural disaster. As the Franklin fire raged on, it forced around 20,000 residents to evacuate, including a number of prominent figures from the entertainment industry. A community known for its opulent lifestyles and scenic beauty, Malibu became a battleground against a fierce
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