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View and explore all extracted claims from processed sources.

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Extracted Claims (29746)

Merck said it had shuttled enough Keytruda to the United States to supply American patients for the rest of the year. 0.900

👤 Merck 📋 News Article 🏷️ Trade , Pharmaceuticals , Business

Simplified: Merck said it had shuttled enough Keytruda to the United States to supply American patients for the rest of the year

1 sources

3 days ago
In the first five months of this year, shipments of pharma products from Ireland to the United States were up nearly fourfold compared with the same period in 2024. 0.900

👤 The author 📋 News Article 🏷️ Trade , Pharmaceuticals , Economy

Simplified: Shipments of pharma products from Ireland to the United States were up nearly fourfold in the first five months of this year compared with 2024

1 sources

3 days ago
Many economists expect the data to be revised in the coming months to show bigger moves in inventories to more fully cancel out the swings in imports. 0.700

👤 Many economists 📋 News Article 🏷️ Economy , Statistics

Simplified: Many economists expect data revisions to show bigger inventory moves to cancel out import swings.

1 sources

3 days ago
Next year, the company plans to begin shifting Keytruda production for American patients to the United States. 0.900

👤 The author 📋 News Article 🏷️ Trade , Pharmaceuticals , Business

Simplified: Merck plans to begin shifting Keytruda production for American patients to the United States next year

1 sources

3 days ago
Shifts in inventories offset those swings, but only partly, adding a bit less than three points to first-quarter growth and subtracting a bit more than three points to the second quarter. 1.000

👤 The author 📋 News Article 🏷️ Economy , Statistics

Simplified: Inventory shifts partly offset import swings adding less than three points to first-quarter growth and subtracting more than three points to the secon...

1 sources

3 days ago
In recent months, as Mr. Trump threatened to impose punishing tariffs on medicines, most of the largest drugmakers announced plans to spend billions of dollars building or expanding U.S. factories. 0.900

👤 The author 📋 News Article 🏷️ Trade , Pharmaceuticals , Business

Simplified: Largest drugmakers announced plans to spend billions building or expanding U.S. factories as Trump threatened tariffs

1 sources

3 days ago
Still, the strategy often involves putting it there. 0.800

👤 The author 📋 News Article 🏷️ Business , Pharmaceuticals , Tax

Simplified: Shifting profits strategy often involves manufacturing in Ireland

1 sources

3 days ago
The G.D.P. figures showed that imports subtracted nearly five percentage points from G.D.P. growth in the first quarter, then added more than five points in the second. 1.000

👤 The author 📋 News Article 🏷️ Economy , Statistics

Simplified: GDP figures showed imports subtracted nearly five percentage points from GDP growth in the first quarter then added more than five points in the secon...

1 sources

3 days ago
Spending and inventories are both counted as part of G.D.P. 1.000

👤 The author 📋 News Article 🏷️ Economy

Simplified: Spending and inventories are counted as part of GDP.

1 sources

3 days ago
Technically, drugmakers don’t have to put their manufacturing in Ireland in order to shift profits out of the United States. 0.900

👤 The author 📋 News Article 🏷️ Business , Pharmaceuticals , Tax

Simplified: Drugmakers don't have to put manufacturing in Ireland to shift profits out of the United States

1 sources

3 days ago
That means that, in theory, imports should be offset elsewhere in the data, either showing up as spending or as unsold products held in inventory. 0.900

👤 The author 📋 News Article 🏷️ Economy , Trade

Simplified: Imports should be offset in data as spending or unsold inventory in theory.

1 sources

3 days ago
It also adds in exports, which are produced domestically but sold to foreign buyers. 1.000

👤 The author 📋 News Article 🏷️ Government , Economy

Simplified: The government adds exports produced domestically but sold to foreign buyers.

1 sources

3 days ago
In the past three years, some of the largest drugmakers booked 91 percent of their profits overseas, on average, up from 76 percent in the mid-2010s, according to an analysis by Martin Sullivan, a tax... 0.900

👤 Martin Sullivan 📋 News Article 🏷️ Business , Pharmaceuticals , Tax

Simplified: Largest drugmakers booked 91 percent of profits overseas on average in the past three years according to Martin Sullivan

1 sources

3 days ago
But rather than measure production directly, the government counts all the goods and services sold in the country, and then subtracts the ones that were made overseas. 1.000

👤 The author 📋 News Article 🏷️ Government , Economy

Simplified: The government counts goods and services sold then subtracts those made overseas rather than measuring production directly.

1 sources

3 days ago
Last year, Ireland sent $50 billion worth of pharma products to the United States. 0.900

👤 The author 📋 News Article 🏷️ Trade , Pharmaceuticals , Economy

Simplified: Ireland sent $50 billion worth of pharma products to the United States last year

1 sources

3 days ago
Forest Laboratories, now owned by AbbVie, shifted profits to Ireland for the antidepressant Lexapro, Gilead Sciences with its hepatitis C treatment Sovaldi and Regeneron with the eye drug Eylea. 0.900

👤 The author 📋 News Article 🏷️ Business , Pharmaceuticals , Tax

Simplified: Forest Laboratories Gilead Sciences and Regeneron shifted profits to Ireland

1 sources

3 days ago
When Mr. Trump returned to office, businesses and consumers anticipated that tariff rates would rise and rushed to stock up on foreign goods and materials before new duties took effect. 0.900

👤 The author 📋 News Article 🏷️ Economics , Policy

Simplified: Trump returned businesses consumers anticipated tariff increases stocked up on foreign goods

1 sources

3 days ago
Aditya Bhave, an economist at Bank of America, said he will be paying particular attention to spending on discretionary services, such as air travel and hotel stays, for signs of whether consumers are... 0.800

👤 Aditya Bhave 📋 News Article 🏷️ Economics

Simplified: Aditya Bhave will watch discretionary service spending for consumer behavior signs

1 sources

3 days ago
But many of these companies register only a tiny share of the profits in the United States, helping them lower their overall tax bill. 0.900

👤 The author 📋 News Article 🏷️ Business , Pharmaceuticals , Tax

Simplified: Many multinational drug companies register only a tiny share of profits in the United States helping them lower their tax bill

1 sources

3 days ago
Spending data for June, which will be released on Thursday, could give a clearer picture of how consumers are responding to the mixed economic signals. 0.800

👤 The author 📋 News Article 🏷️ Economics

Simplified: June spending data released Thursday could clarify consumer response to economic signals

1 sources

3 days ago