By John Kruzel WASHINGTON (Reuters) – The U.S. Supreme Court on Thursday gave a boost to whistleblowers in their bid to revive lawsuits accusing pharmacy operators of knowingly overbilling government health insurance programs for prescription drugs at taxpayers’ expense. The justices in a 9-0 decision threw out a lower court’s ruling that said the pharmacies…
(Reuters) – AstraZeneca said on Thursday that a combination of its cancer drug Lynparza and abiraterone has been approved in the United States for the treatment of BRCA-mutated metastatic castration-resistant prostate cancer. The company said the combination treatment reduced the risk of disease progression or death by 76% compared with usage of abiraterone alone. (Reporting…
By Andy Sullivan WASHINGTON (Reuters) – The bipartisan debt-ceiling deal that could clear Congress as soon as Thursday would stave off an imminent U.S. default, but might deliver less budget savings than Republicans have hoped for, according to nonpartisan budget analysts. The agreement ensures that President Joe Biden will not have to grapple with another…
By David Shepardson WASHINGTON (Reuters) -U.S. auto safety regulators have stepped up a long-running investigation into potentially defective air bag inflators that can cause metal fragments to strike vehicle occupants, saying it required auto supplier ARC Automotive Inc to answer questions. The National Highway Traffic Safety Administration (NHTSA) in May demanded the recall of 67…
CAPE TOWN (Reuters) – The BRICS Summit of heads of state will be held in Johannesburg in August, Foreign Minister Naledi Pandor said on Thursday, after speculation that it could be held elsewhere. (Reporting by Wendell Roelf and Nellie Peyton; Writing by Bhargav Acharya)
By David Lawder WASHINGTON (Reuters) – U.S. President Joe Biden’s 2020 campaign promise to make wealthy Americans and corporations pay more in taxes to finance a range of social priorities breathed its last gasp, at least for this presidential term, with the debt ceiling deal he struck with Republicans on Saturday. The deal to cap…
(Reuters) – Ukrainian President Volodymyr Zelenskiy said on Thursday Kyiv wanted to receive a “clear” decision on its future in the NATO military alliance when the bloc’s leaders meet in Vilnius in July. At a summit of over 40 European leaders in Moldova, he also said he wanted progress on Ukraine’s path to the European…
By Nupur Anand NEW YORK (Reuters) – JPMorgan Chase & Co will shut 21 branches of First Republic Bank by the end of the year as it integrates the failed lender into its operations, a JPMorgan spokesperson said on Thursday. The locations account for about a quarter of First Republic’s 84 branches across eight states….
By Carien du Plessis JOHANNESBURG (Reuters) -South Africa is mulling legal options if Russian President Vladimir Putin, the subject of a war crimes arrest warrant, attends a BRICS emerging economies summit in Johannesburg in August, Foreign Minister Naledi Pandor said on Thursday. The International Criminal Court has issued a warrant for Putin related to Russia’s…
By Roman Churikov MOSCOW (Reuters) – Russian designers and brands are helping the retail sector gradually recover from a turbulent 15 months of store closures and slumping demand, with new labels plugging the gap left by foreign rivals and shoppers tentatively returning. Hundreds of foreign retailers shut up shop in response to Russia despatching troops…
