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Its sales are now falling for the first time in 13 years and it needs to rework its operation.

J&J is the fourth drugmaker to agree to such a deal to avoid going to trial where a jury of 12 determines how much the defendant should pay in damages. Defendants routinely appeal, and the award is sometimes reduced by a higher court.

Italy's outbreak risks overwhelming the nation's hospitals, and some key supplies are running low, Reuters reported.

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It's fair to say the market would not have exploded to its current scale were it not for rivals challenging the status quo. WeChat Pay, a once obscure arm of messaging app WeChat, arrived on the mobile payment scene as a latecomer, but quickly populated the mobile payment habit banking on traditions derived from the Chinese Lunar New Year greetings－giving and receiving "red packets" containing real money as a way to show blessings and appreciation.

It’s not all bad for IBM, either, which inked a billion cloud services contract with the Department of the Interior in August.

It’s official: Amazon’s acquisition of Whole Foods will finalize Monday, and the tech giant is already planning big changes for the high-end grocery chain.

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JD completed the spinoff of JD Finance in June after first announcing its intentions to do so in March this year, which is expected to pave the way for the latter's eventual listing.

Its three-day meeting began on Monday in Beijing.

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JD Digits also announced the launch of the JD agriculture and husbandry academic research program.

JD.com's shares plummeted on Wednesday by 10.64 percent, as the Minneapolis Police Department released a report on JD founder Liu Qiangdong's case saying Liu was arrested on an allegation of rape.