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The Power Brief

Mylan CEO: Building for the long term

A daily morning look at the financial stories you need to know to start the day

STOCKS/ECONOMY

-Futures are down after yesterday's market losses. We get the durable goods report this morning along with weekly jobless claims numbers.

OIL/ENERGY

-Crude prices are flat and holding at the $46/barrel level.

-Gasoline prices rose another penny overnight to $2.19/gallon, national average.

ELECTION

-Today's LA Times/USC poll shows Hillary Clinton and Donald Trump are tied.

-Donald Trump says he'd allow certain illegal immigrants to remain in the country without getting citizenship if they payback taxes and other fees.

-Clinton's tweets yesterday about Mylan's high prices for EpiPen hit the biotech sector hard.

-At a rally last night in Mississippi, Trump again called Hillary Clinton a bigot for considering black people only as votes.

EPIPEN OUTRAGE/PHARMA WARS

-The CEO of EpiPen maker Mylan is the daughter of powerful US Senator Joe Manchin. She is also appearing First on CNBC later this morning in the 830 am half hour.

-Teva shares are way down after the US patent office refused yesterday to validate patent claims for its double dose treatment for MS.

ITALY QUAKE

-Rescuers are still digging through the rubble in central Italy. The death toll is up near 250 now.

TERROR/DEFENSE

-The terrorist attack on the American University in Kabul seems to be over after two gunmen were killed this morning.

-Iranian naval vessels 'harassed' a US warship yesterday.

-The UK's House of Commons has issued a report that says Facebook, Twitter, and YouTube are platforms for terrorist recruitment. Britain wants the companies to do more to curb the practice.

TAX WARS

-The US is warning the EU not to probe the good tax deals Apple and some other US companies have made with individual European countries.

TECH WARS

-In what could be a growing trend in Silicon Valley, four people are suing HP for age discrimination.