By Patrick Wingrove (Reuters) – Americans without health insurance pay an average of $98 for Eli Lilly’s generic insulin despite the company’s May 1 pledge to cut its list price to $25 per vial, according to a survey of more than 300 U.S. pharmacies by U.S. Senator Elizabeth Warren’s office released on Thursday. Warren’s survey…
By Steve Holland, Doina Chiacu and Phil Stewart HELSINKI (Reuters) – President Joe Biden said on Thursday he expects Republicans to stand up against what he called Senator Tommy Tuberville’s “ridiculous” block of top U.S. military appointments over the Pentagon’s abortion policy. It was bizarre and irresponsible to inject a domestic social debate into fundamental…
By Rajesh Kumar Singh CHICAGO (Reuters) -Delta Air Lines CEO Ed Bastian on Thursday said travel has become the topmost priority for consumers, but capacity constraints at U.S. carriers will not let them catch up with demand for an “extended period of time,” helping sustain the post-pandemic travel boom. His comments came hours after the…
By Soo-hyang Choi and Josh Smith SEOUL (Reuters) -North Korea tested its latest Hwasong-18 intercontinental ballistic missile (ICBM), state media reported, saying the weapon is the core of its nuclear strike force and a warning to the United States and other adversaries. The Hwasong-18 is the North’s first ICBM to use solid propellants, which can…
By Michael S. Derby and Ann Saphir (Reuters) -St. Louis Federal Reserve President James Bullard, a leading hawk at the U.S. central bank who pushed for aggressive interest rate hikes to curb high inflation, will leave the Fed regional bank next month to join Purdue University’s business school. Bullard, who has led the St. Louis…
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 from South…
By Lawrence Delevingne and Huw Jones (Reuters) -U.S. stocks rose again and global equities hit new highs for 2023 on Thursday, while the dollar and Treasury yields continued to slide, as slowing U.S. inflation stoked bets that the Federal Reserve will pause rate hikes after this month. Wall Street’s main stock indexes built on Wednesday’s…
By David Shepardson and Christopher Bing WASHINGTON (Reuters) – U.S. Commerce Department Secretary Gina Raimondo was among a group of senior U.S. officials whose emails were hacked earlier this year by a group Microsoft says is based in China, according to a person briefed on the matter, as fallout from the digital theft continues to…
By Luc Cohen NEW YORK (Reuters) -The founder and a former executive of college financial aid startup Frank pleaded not guilty on Thursday to U.S. criminal charges of defrauding JPMorgan Chase into buying the company for $175 million. Charlie Javice, 31, who founded Frank, entered her not guilty plea to an amended indictment accusing her…
(Reuters) – Hollywood actors will go on strike beginning midnight after talks with studios broke down, said Duncan Crabtree-Ireland, chief negotiator for SAG-AFTRA, the actors’ union, on Thursday. (Reporting By Dawn Chmielewski in Los Angeles)
