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President Trump says that after the drone closed to within approximately 1,000 yards of the U.S. warship and ignored calls to stand down, it was "immediately destroyed."

A small Canadian firm takes on two of the largest drug companies in the world with its surprise launch of a generic copy of the best-selling blood thinner Plavis. Apotex began shipping its generic version to U.S. stores today. The makers of Plavix sold $6 billion of the popular heart drug last year.

Internet auction provider eBay agrees to buy Skype. eBay will pay $2.6 billion in cash and stock for the Internet calling service, in hopes that it will boost communication between buyers and sellers.

Mo Brooks' Republican Senate campaign has been struggling, and now the former president has pulled his endorsement, citing a dispute over the 2020 election.

Case in point: India, which reported 481,000 COVID-19 deaths in 2020 and 2021. The World Health Organization found 4.74 million deaths there either directly or indirectly attributable to the pandemic.

A new report released by Johns Hopkins University shows that gun homicides rose 7.6% from 2020, a year that set a previous U.S. record. Firearms are the leading cause of death for those under age 25.

Yahoo Inc. has rebuffed an unsolicited $44.6 billion takeover offer from Microsoft Corp., an offer Yahoo said "substantially undervalues" the company. Microsoft is now expected to sweeten its bid, which valued Yahoo stock at $31 a share.

Yahoo is rejecting an unsolicited $44.6 billion offer from Microsoft. But it remains to be seen whether Yahoo shareholders will support a management decision to snub the software giant's bid.

Federal prosecutors filed criminal charges on Wednesday against two JPMorgan Chase traders involved in the "London Whale" bets that produced $6 billion in losses for the bank. The Securities and Exchange Commission also filed a civil case. The two men were charged with fraud and conspiracy to falsify books and records.

Annual forecasts are brimming with good cheer for 2014: Jobs will come back, stock prices will keep heading higher, and consumer spending will continue to improve, economists predict.