By Julie Steenhuysen and Michael Erman (Reuters) – The U.S. Food and Drug Administration said on Friday it is seeking new suppliers to ease shortages of methotrexate, one of the most commonly used cancer drugs, building on its push to shore up two other scarce chemotherapy medicines. An FDA spokesperson told Reuters the agency is…
(Reuters) – Traders who have sold Tesla Inc shares short have lost about $6.08 billion on a mark-to-market basis during the electric car maker’s current winning streak, according to the latest data from S3 Partners. Tesla’s current rally, which will span 11 sessions if it closes Friday’s session higher, has the stock up around 35%…
By David Ljunggren OTTAWA (Reuters) – Wildfires spread in the western Canadian province of British Columbia on Friday, while in the east, Quebec said it would start efforts to control blazes that have sent smoke billowing across North American cities. Canada is enduring its worst start to the wildfire season, with 2,392 fires so far…
(Reuters) – A U.S. federal court unsealed an indictment against Donald Trump on Friday detailing 37 charges against the former president for retaining classified government documents after he left office in 2021. (Reporting by Sarah N. Lynch)
By Tatiana Bautzer and Jonathan Stempel NEW YORK (Reuters) – Lawyers for Jeffrey Epstein victims who are suing JPMorgan Chase over its ties to the disgraced financier on Friday asked a judge to require Chief Executive Jamie Dimon and two other bank officials to sit for new depositions. In a letter to U.S. District Judge…
By Noel Randewich (Reuters) – Who said corporate earnings were down? Fresh data shows earnings per share for S&P 500 companies were about flat in the first quarter, a major improvement over dour forecasts at the start of the reporting season. With first-quarter earnings season all but wrapped up, S&P 500 companies are on track…
By David Shepardson WASHINGTON (Reuters) -A U.S. House committee will take up a aviation bill next week that would bar airlines from charging family seating fees but would not set minimum seat size requirements or impose new rules to compensate delays. The leaders of the House Transportation and Infrastructure Committee unveiled a nearly 800-page proposal…
By Aishwarya Nair and Priyamvada C (Reuters) -Shares of used-car retailer Carvana Co tumbled 11% in afternoon trading on Friday, as analysts suspect that the debt-laden company’s upbeat second-quarter profit forecast is a ‘one-time’ upside. The shares were up earlier in the session, and had surged about 68% to $26.09 on Thursday with some help…
By Laura Sanicola (Reuters) – New York lawmakers are considering legislation on Friday that would create the first market for low-carbon fuels on the U.S. East Coast in order to help the state reach its decarbonization goals. The legislation, modeled off of California’s Low Carbon Fuel Standard, aims to reduce carbon intensity from the on-road…
By Luc Cohen NEW YORK (Reuters) – Jes Staley, the onetime asset management chief at JPMorgan Chase, is set to be questioned under oath over the weekend about his ties to the late financier and sex offender Jeffrey Epstein, according to a person familiar with the matter. The deposition, which is not public, is part…
