US FDA approves BioMarin’s gene therapy for hemophilia A

By Nathan Gomes (Reuters) -The U.S. Food and Drug Administration on Thursday approved BioMarin Pharmaceutical’s gene therapy for severe hemophilia A, the company said, giving patients with the inherited bleeding disorder an alternative to regular injections of missing blood proteins. It priced the one-time therapy, Roctavian, at $2.9 million. Pivotal trial results showed that Roctavian…

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Volkswagen in talks with Tesla to adopt its charging standard

(Reuters) -Volkswagen is in talks with Tesla to adopt its North American Charging Standard (NACS) technology, while the German automaker’s charging network unit Electrify America has already agreed to use the system. The announcement comes as a slew of automakers and charging equipment makers choose Tesla’s charging design on concerns of losing out on customers…

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Former Ohio House speaker sentenced to 20 years over $60 million bribery plot

By Kanishka Singh WASHINGTON (Reuters) – Former Ohio House of Representatives Speaker Larry Householder was sentenced on Thursday to 20 years in prison after being convicted earlier this year of participating in a $60 million bribery scheme, prosecutors said. A federal jury convicted Householder and former Ohio Republican Party chair Mathew Borges in March. Householder…

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Jury acquits former Florida deputy of failing to protect students in Parkland school shooting

(Reuters) -A Florida jury on Thursday acquitted a former sheriff’s deputy accused of failing to protect students during the 2018 mass shooting at Parkland’s Marjory Stoneman Douglas High School. Scot Peterson, the school resource officer on duty when a gunman entered a building in Feb. 14, 2018 and opened fire, killing 17 and wounding another…

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Google to block news in Canada over law on paying publishers

By Ismail Shakil OTTAWA (Reuters) -Google said on Thursday it plans to block Canadian news on its platform in Canada, joining Facebook in escalating a campaign against a new law requiring payments to local news publishers. Alphabet-owned Google will remove links to Canadian news from search results and other products in Canada when the law…

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US Regulators Ask Lenders To Work With Stressed Commercial Real Estate Firms

(Reuters) – U.S. banking regulators are asking lenders to work with credit-worthy borrowers that are facing stress in the commercial real estate market. Financial institutions should work “prudently and constructively” with good borrowers during times of financial stress, the agencies said in a statement. The statement from the Board of Governors of the Federal Reserve…

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US regulators ask lenders to work with stressed commercial real estate firms

(Reuters) – U.S. banking regulators are asking lenders to work with credit-worthy borrowers that are facing stress in the commercial real estate market. Financial institutions should work “prudently and constructively” with good borrowers during times of financial stress, the agencies said in a statement. The statement from the Board of Governors of the Federal Reserve…

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US conservative group led by billionaire Koch to spend big to beat Trump

By Alexandra Ulmer (Reuters) -The conservative U.S. political network led by billionaire Charles Koch has raised over $70 million to spend on political races, an official with the group said on Thursday, with a key goal of stopping former President Donald Trump from clinching the 2024 Republican nomination. The influential group, which pushes for tax…

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