Welcome to Finance Insider, Business Insider's summary of the top stories of the past 24 hours. Sign up here to get this newsletter delivered straight to your inbox. Senate Republican leadership released a draft of its long-awaited healthcare bill Thursday, ending weeks of speculation and a secretive process that frustrated Democrats and even some Republicans. The legislation — called the Better Care Reconciliation Act of 2017 — would roll back much of the Affordable Care Act, the healthcare law better known as Obamacare, including various tax provisions. Healthcare stocks are rallying. Elsewhere in healthcare, Mylan's shareholders just voted against its executive pay, and there's frightening new data on the effects of a blockbuster drug Wall Street loves to hate. In deal news: On Wall Street: In markets and economics news: In retail: And lastly, in tech: SEE ALSO: The 27 most important finance books ever written |
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