FDA issues marketing denial for 6,500 flavored e-cigarettes
(Reuters) -The U.S. Food and Drug Administration (FDA) on Friday issued marketing denial orders to 10 companies which collectively manufacture…
Business
U.S. demands recall of 67 million air bag inflators
By David Shepardson WASHINGTON (Reuters) -The National Highway Traffic Safety Administration (NHTSA) demanded the recall of 67 million air bag…
Soros Fund Management cut Tesla stake, added Netflix in 1st quarter
By David Randall NEW YORK (Reuters) – Soros Fund Management, the family office of billionaire George Soros, slashed its stakes…
Eisai, Biogen Alzheimer’s drug Leqembi would cost US Medicare up to $5 billion a year, study finds
(This May 11 story has been corrected to change some wording in the quote by Dr. Mafi in paragraph 15)…
World Bank’s Malpass: U.S. debt limit standoff adds to global economic woes
By Andrea Shalal NIIGATA, Japan (Reuters) -The risk of a U.S. payments default is adding to problems facing a slowing…
GM recalling nearly 1 million U.S. vehicles for air bag defect
By David Shepardson WASHINGTON (Reuters) -General Motors said on Friday it will recall nearly 1 million sport utility vehicles in…
Proxy adviser ISS backs one of Icahn’s nominees for Illumina board
(Reuters) -Proxy advisory firm Institutional Shareholder Services (ISS) on Friday backed only one of Carl Icahn’s three nominees to Illumina…
Norfolk Southern train got alarm before Pennsylvania derailment -NTSB
By David Shepardson WASHINGTON (Reuters) -A Norfolk Southern freight train that derailed near New Castle, Pennsylvania, on Wednesday night received…
Stocks slip as US consumer confidence slumps, dollar gains
By Herbert Lash NEW YORK (Reuters) -The dollar rose on Friday but a gauge of global stocks retreated on a…
U.S. bank deposits rise in early May, lending little changed at record high
(Reuters) – Deposits at U.S. banks climbed in early May, ticking up from the lowest level in nearly two years…