(Reuters) – The U.S. Food and Drug Administration (FDA) staff reviewers said on Friday they found no safety and effectiveness issues with devices made by Otsuka Holdings and rival Medtronic Plc for use in a blood pressure treatment surgery. The FDA staff’s assessment comes ahead of meetings of two independent expert panels next week, where…
By Deena Beasley (Reuters) – U.S. Centers for Disease Control and Prevention said on Thursday that it was tracking a new, highly mutated lineage of the virus that causes COVID-19. The lineage is named BA.2.86, and has been detected in the United States, Denmark and Israel, the CDC said in a post on messaging platform…
(Reuters) -U.S. Steel said on Thursday that its labor agreement with United Steel Workers (USW) does not afford the union the right to veto a sale of the company that may arise from its recently announced strategic review. U.S. Steel’s statement came after USW said this week it would only back Cleveland-Cliffs Inc as a…
(Reuters) -The Federal Aviation Administration said on Friday it will require some users of Pratt & Whitney’s geared turbofan engine to conduct inspections within 30 days to prevent a part failure that could damage the airplane. Pratt & Whitney parent RTX Corp announced in July that a “rare condition” in powdered metal meant 1,200 of…
By John Geddie (Reuters) – British police are investigating Myanmar’s former ambassador to the United Kingdom for trespassing on a diplomatic residence in London that he has refused to leave since being ousted for opposing Myanmar’s 2021 military coup, his lawyer told Reuters. Kyaw Zwar Minn was locked out of his embassy a few months…
WASHINGTON (Reuters) – Ukrainian forces do not appear likely to reach and retake the Russian-occupied strategic southeastern city of Melitopol during their counteroffensive aimed at winning back territory from Moscow’s army, a U.S. official said on Friday. The Ukrainian military on Thursday said it had made gains on the southeastern front, pushing forward from a…
By Nate Raymond BOSTON (Reuters) – The Oscar-winning actor Susan Sarandon has taken a construction firm to court over what she calls “extensive problems” at a $2 million home she built in Vermont and where she planned to spend her retirement. Buckled siding, missing insulation, mold and an unfinished primary bedroom ceiling are among 47…
By Zeba Siddiqui SAN FRANCISCO (Reuters) -Google-owned U.S. cybersecurity firm Mandiant said on Thursday it had seen increasing use of artificial intelligence (AI) to conduct manipulative information campaigns online in recent years, though the technology’s use in other digital intrusions had been limited so far. Researchers at the Virginia-based company found “numerous instances” since 2019…
By Howard Schneider WASHINGTON (Reuters) – Rising Treasury bond yields and home mortgage rates may reduce support at the U.S. Federal Reserve for additional interest rate increases, the prospect of which have already been ebbing on the basis of weaker inflation. The Fed raised interest rates at its July meeting by a quarter of a…
By Tim Hepher, Lisa Baertlein, Allison Lampert and Valerie Insinna (Reuters) -Air cargo enjoyed record demand when COVID-19 closed borders and snarled supply chains. Now, it is reeling from overcapacity and tumbling freight rates as the freight boom makes a hard landing. Consumers who had the means to spend the lockdown shopping online for goods…
