Merck Says It S Working to Reduce Levels of Cancer Causing Compound in Popular Diabetes Drugs
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Stocks Turn Higher After Powell Comments
Stocks were turning higher following the Federal Reserve’s widely expected decision to keep rates steady.The Wall Street Journal - World -
S&P 500 Slips After Fed Keeps Rates Steady
Treasury yields inched down but are still up sharply for the year.The Wall Street Journal - World - Federal Reserve -
Inside RFK Jr.'s Chaotic White House Bid
Aides describe a cultlike environment in which dysfunction reigns and top aides are focused on elevating their own profiles.The Wall Street Journal - World -
Fed holds interest rates steady at highest level since 2001
The U.S. economy has faced a months-long stretch of stubborn inflation.ABC News - Top stories - Federal Reserve -
Job openings in the U.S. fall to the lowest level in three years
The number of job openings in the U.S. fell to 8.5 million in March and touched the lowest level in more than three years, suggesting the demand for labor is slowly waning.MarketWatch - Business -
For LeBron, playing with Bronny reportedly not the same level of priority it once was
"The young man will decide what he wants to do and how he wants his career to go."Yahoo Sports - Sports -
U.S. trade deficit hovers near highest level in almost a year
The trade deficit was flat in March at a nearly one-year high, capping off a first quarter in which a bigger shortfall acting as a drag on the official measure of U.S. economic growth.MarketWatch - Business -
Southeast Texas on high alert for flooding, rainfall nears historic levels
In Southeast Texas, the flood risk is dangerously high. Water levels in some areas are nearly as high as they were during Hurricane Harvey, which dropped more than 50 inches of rain in places, setting a new North American record. This morning, ...CBS News - Top stories -
Pregnancy-related deaths fall to pre-pandemic levels, new data shows
New CDC data shows about 680 women in the U.S. died during pregnancy or shortly after childbirth in 2023, a decline from the previous year.CBS News - Top stories -
Cannabis stocks rally after report that DEA will reclassify drug as less dangerous
Cannabis stocks were up sharply on Tuesday on a report by the Associated Press that the U.S. Drug Enforcement Administration is poised to propose moving cannabis to a Schedule III controlled substance.MarketWatch - Business -
Biden Administration Aims to Reclassify Marijuana as Less Dangerous Drug
The move would reshape the multibillion-dollar industry.The Wall Street Journal - World - Joe Biden -
Biden administration plans to reclassify marijuana as lower-risk drug
Drug Enforcement Administration seeking to downgrade cannabis from top category to Schedule III, but still short of legalization. The US Drug Enforcement Administration will move to reclassify marijuana as a less dangerous drug, the Associated ...The Guardian - World - Joe Biden -
FTC Targets 'Junk' Patent Listings on Ozempic and Other Drugs
The antitrust cop says that the more than 300 patent listings stall generic competition, keeping prices high for diabetes drugs, inhalers and more.The Wall Street Journal - World -
Justice Department moving to reclassify marijuana as less dangerous drug
The Justice Department is moving to reclassify marijuana from a schedule 1 drug, putting it on par with substances like heroin, to a schedule 3 substance, the same level as ketamine and steroids, sources tell CBS News. Weijia Jiang explains what ...CBS News - Top stories -
GSK raises profit outlook on strong vaccine and HIV drug sales
Quarterly results beat expectations and signal strong start for pharma groupFinancial Times - Business -
US challenges 'bogus' patents on Ozempic, other drugs in effort to spur competition
The Federal Trade Commission is challenging patents on 20 brand-name drugs, including the blockbuster weight-loss injection OzempicABC News - Health -
DOJ to reclassify marijuana as less dangerous drug in a historic shift
The Drug Enforcement Administration is recommending marijuana be classified down from a Schedule I drug to a Schedule III drug. It would not legalize marijuana for recreational use.CBS News - Top stories -
UK set to lag behind peers on growth and suffer ‘sticky’ inflation, says OECD
Forecaster delivers downbeat outlook ahead of local elections in EnglandFinancial Times - Business - United Kingdom -
Novo Nordisk cuts price of weight loss drug Wegovy as competition heats up
Danish group beats expectations with first-quarter sales up 24% and raises annual forecast on high demandFinancial Times - Business -
The Beijing auto show and Apple in China
The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial TimesFinancial Times - World - China -
£150mn of NHS England dental budget unspent amid recruitment crisis
Dentists says ‘punitive targets’ under NHS contract system are stifling delivery across the countryFinancial Times - World -
Johnson & Johnson to pay $6.5 billion to resolve nearly all talc ovarian cancer lawsuits in U.S.
The deal would allow J&J to resolve the lawsuits through a third bankruptcy filing of a subsidiary company, LTL Management.CNBC - Business -
Johnson & Johnson to pay $6.5 billion to resolve nearly all talc ovarian cancer lawsuits in U.S.
Johnson & Johnson on Wednesday said it plans to pay $6.5 billion over 25 years to settle nearly all of the thousands of lawsuits in the U.S. claiming its talc-based products caused ovarian cancer, pending approval of the claimants.NBC News - Top stories -
J&J proposing to pay $6.5B to resolve almost all talc ovarian cancer suits
A subsidiary of Johnson & Johnson (J&J) is proposing to pay nearly $6.5 billion to resolve nearly all the talc ovarian cancer lawsuits brought against the company. J&J said the subsidiary plans to pay about $6.475 billion over 25 years to settle ...The Hill - Politics -
FDA misses own deadline to propose ban on cancer-linked formaldehyde from hair relaxers
A proposal to ban formaldehyde in hair-straightening products that was scheduled to take place in April has not been released by the Food and Drug Administration, disregarding the agency’s own deadline.NBC News - Top stories -
Prince William shares positive health update about Kate Middleton amid cancer battle
Prince William said that his wife Catherine and their children are 'all doing well' months after the princess revealed that she has an undisclosed form of cancer.Los Angeles Times - Entertainment - United Kingdom -
FDA misses own deadline to propose ban on cancer-linked formaldehyde from hair relaxers
A proposal to ban formaldehyde in hair-straightening products that was scheduled to take place in April has not been released by the Food and Drug Administration, disregarding the agency’s own deadline.NBC News - Politics -
Ten of 11 S&P 500 sectors suffer their worst month in 2024. Here’s what comes next.
U.S. stocks closed out their worst month of 2024, with ten out of the S&P 500 index’s 11 sectors posting their biggest monthly percentage decline this year.MarketWatch - Business -
Vladimir Guerrero Jr.'s custom Jordan 1s lead MLB kicks of the week
From Vladimir Guerrero Jr.'s custom Jordan 1s to Jon Jay's Jordan 11s, check out the latest kicks of the week in the MLB.ESPN - Sports - MLB -
How Diablo 4's Loot Reborn Update Will Make Its Items, And Players, More Powerful Than Ever
With three seasons under Diablo 4's belt since its launch, it's safe to say a lot has changed for Blizzard's ARPG. But it will be the game's upcoming Season 4 update on May 14, dubbed Loot Reborn, that marks the biggest shift for Diablo 4 yet, ...GameSpot - Tech -
Reasons why the AI stock correction may be overdone
Recent sharp moves highlight the hypersensitivity of the sector to relatively benign cyclical movesFinancial Times - Business -
Europeans have more time, Americans more money. Which is better?
Life expectancy, happiness, sustainability and innovation among factors shaping work attitudesFinancial Times - Business -
An S&P 500 correction, or a possible meltdown in Asian currencies, could be brewing. Here’s why.
Our call of the day from TS Lombard flags worrying signs on the labor market, and Asian currencies that need things to go just right for the U.S. economy.MarketWatch - Business -
Apex Legends Trailer Reveals Season 21's Dimension-Hopping New Legend
Apex Legends Season 20: Breakout is nearing its end, and today, developer Respawn Entertainment gave players a taste of what's coming in Season 21 via a new episode of Stories From The Outlands, entitled Based On A True Story. The episode ...GameSpot - Tech -
'I Saw the TV Glow' is one of 2024's buzziest films. It took Jane Schoenbrun a lifetime to make it
Since its debut at the Sundance Film Festive, Jane Schoenbrun's “I Saw the TV Glow" has been hailed as an acutely intense psychodrama of self discoveryABC News - Entertainment -
This is the level where the 10-year Treasury yield becomes a 'clear problem' for stocks, Goldman study shows
Goldman said that when the 10-year Treasury yield hits 5%, the correlation between bond yields and stocks turns negative.CNBC - Business -
Follow live: Celtics look to finish off Heat in Game 5
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Real Madrid, Bayern Munich trade comebacks to leave Champions League semifinal level after first leg
Vinicius Jr.'s second goal on the night earned Real Madrid a 2-2 draw, and an implicit advantage heading back home for next week's second leg at the Estadio Santiago Bernabéu.Yahoo Sports - Sports - UEFA Champions League -
Defaults are reaching historic levels in the office market as a growing number of owners capitulate to high interest rates and weak demand.
Defaults are reaching historic levels in the office market as a growing number of owners capitulate to high interest rates and weak demand.The Wall Street Journal - World -
Demand for riskier adjustable-rate mortgages hits highest level of the year, due to rising rates
The share of ARM applications rose to 7.8% of mortgage demand last week, according to the Mortgage Bankers Association. That is the highest level of the year.CNBC - Business