(Reuters) – Elanco Animal Health said on Thursday the U.S. Environmental Protection Agency (EPA) has deemed the company’s Seresto flea and tick collars for pets safe for use following a multi-year review. The collars for cats and dogs, developed by Bayer and now sold by Elanco, are designed to deliver small amounts of flea and…
By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks extended recent gains to end higher on Thursday, with the Nasdaq rising more than 1% for a second straight day, as data showed the annual increase in U.S. producer inflation was the smallest in nearly three years. The data provided more evidence that inflation pressures were…
By Kanishka Singh WASHINGTON (Reuters) – The United States has banned former Panamanian President Juan Carlos Varela Rodriguez from entering the U.S. for his “involvement in significant corruption,” Secretary of State Antony Blinken said on Thursday. “Today, I am announcing the designation of former Panamanian President, Juan Carlos Varela Rodriguez as generally ineligible for entry…
WASHINGTON (Reuters) – The U.S.-based National Foreign Trade Council on Thursday blasted Canada for its refusal to back a global agreement to hold off on implementing digital services taxes for at least another year, and said the move could invite retaliation. NFTC President Jake Colvin said he welcomed news from the OECD that most countries…
By Anirban Sen NEW YORK (Reuters) -AG Mortgage Investment Trust Inc, a real estate investment trust (REIT) managed by Angelo Gordon & Co, said on Thursday it made a stock-and-cash offer for Western Asset Mortgage Capital Corp, a peer managed by Franklin Resources Inc, that values it at about $300 million, including debt. If successful,…
(Reuters) -The U.S. Federal Trade Commission has opened an investigation into OpenAI on claims it has run afoul of consumer protection laws by putting personal reputations and data at risk, the strongest regulatory threat to the Microsoft-backed startup yet. The FTC this week sent a 20-page demand for records about how OpenAI — the maker…
By Kanishka Singh WASHINGTON (Reuters) -Donald Trump’s son-in-law Jared Kushner was among several witnesses to testify before a grand jury in recent weeks about the former president’s efforts to overturn the 2020 election, the New York Times reported on Thursday, citing sources. Testifying at a federal courthouse in Washington last month, Kushner, a former White…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asian equities are on course Friday to round off their best week this year on a high, after the latest sign that U.S. inflation is slowing cemented hopes that Federal Reserve rate hikes are almost…
By Luc Cohen NEW YORK (Reuters) -A former Mozambique finance minister pleaded not guilty on Thursday to U.S. criminal charges over his alleged involvement in a fraud involving $2 billion in loans to three state-owned companies. Manuel Chang entered his plea before U.S. District Judge Nicholas Garaufis in Brooklyn. Chang had been extradited on Wednesday…
By David Brunnstrom WASHINGTON (Reuters) -The foreign minister of the Marshall Islands called on Thursday for more U.S. money to deal with the legacy of massive U.S. nuclear testing to enable the renewal of a strategic agreement governing bilateral relations. Marshall Islanders are still plagued by health and environmental effects of 67 U.S. nuclear bomb…
