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President Biden says he's not stepping aside as the Democratic candidate. And, a new Wall Street Journal investigation shows how insurers get billions of dollars and extra payments from Medicare for diseases that no doctor treated.

Plus, U.S. juries are going nuclear on corporations,

imposing hefty verdicts on businesses more frequently

as they try to stand up for the little guy.

The average American has very few places where they can really

exercise power. One of them's the voting box, the other one is the jury box. It's

Monday July 8th. I'm Francesca Fontana for the Wall Street Journal. This is the PM edition of

What's News, the top headlines and business stories that move the world today.

President Biden is quote-unquote running this race to the end.

That's what he said today in a letter to congressional Democrats as public and private

calls for him to drop out of the election get louder.

The president said it was time for conversations about changing nominees to stop.

What Biden's trying to do is quell the concerns over his fitness to serve a second term as president.

Concerns that have been growing since Biden fumbled his first debate against Trump.

The president also called in to MS NBC's morning Joe to make the same arguments.

The bottom line here is that we're not going anywhere.

I am not going anywhere.

I wouldn't be running if I didn't absolutely believe that I am the best candidate to beat Donald Trump in 2024.

Biden has been bleeding support among Democrats as their nominee.

...