LyrArc Article Gist
Can a company encourage doctors to prescribe a drug for conditions other than what it is approved for by the FDA. Lilly settles with federal prosecutors that it broke fedral laws on marketing drugs and agrees to settlement of $1 billion. About $4 billion of Zyprexa prescriptions are sold each year.

LyrArc Article Gist
Hedge funds significantly underperformed index funds and passive investments in 2009-2015. Hatchuel looks at reasons why this has happened and the unusual environment created by the Fed's monetary policy intervention. Hedge funds reacted in periods of volatility in 2011, 2012, 2013 and 2014 hurting returns.

LyrArc Article Gist
Everything Everywhere, is a joint venture between T-Mobile and France Telecom. It is the market leader in Britain in mobile phone services since it was formed in 2010. Now Telefonica's O2 UK and Britain's Vodafone will form a 50-50 joint venture to combine their wireless grid so that they can reduce costs, invest in innovation and setup a new broadband LTE (Long Term Evolution technology) network. This will help both companies compete more effectively in the British market. It is not a merger as both companies will continue to run competing services. This type of arrangement is becoming popular in Europe because of the high costs of building one's own LTE network, and makes sense, say analysts, because quality is perceived by customers in terms of speed and reliability of service than simply coverage. O2 sees the potential of reducing cell tower masts by 10% with the new venture.