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Castellani to head drug lobbying group

Pharmaceutical Research and Manufacturers of America, which includes Abbott Laboratories and Takeda Pharmaceuticals as members, said Tuesday that John Castellani will become the drug lobby’s president and chief executive, effective Sept. 1.

Castellani, who replaces the retiring Billy Tauzin, comes to PhRMA after nearly a decade as president and CEO of Business Roundtable, an association of corporate executives. Get the full story »

U.S. CEOs’ view of economy at 4-year high

U.S. chief executives’ view of the economy reached a four-year high in the second quarter, with more planning to add jobs over the next six months, according to a Business Roundtable survey. Some 39 percent of corporate chiefs expect to increase their companies’ U.S. head count over the rest of this year, more than the 17 percent who plan to cut it, the survey released Wednesday found. Get the full story »