By Nancy LapidFor the first time since the late 1990s, the U.S. Food and Drug Administration has added another chemical - bemotrizinol, or BEMT - to its list of approved active ingredients in over-the-counter sunscreens.During heat waves, such as the ones blanketing Europe and the U.S., sunburns ar…
CULPER RESEARCH - WE ARE SHORT TARSUS PHARMACEUTICALS
By Howard Schneider, Balazs Koranyi and Ann SaphirFederal Reserve Chairman Kevin Warsh set an ambitious timeline on Wednesday for the U.S. central bank to "discover" and start relying on real-time economic data that's superior to what he described as problematic government reports."My aspiration is…
INVESTORS ARE INCREASINGLY SHOWING RISK-ON BEHAVIORInvestor sentiment is tilting toward risk-taking, particularly in microcap shares, high-beta stocks and initial public offerings, according to SentimenTrader’s Jay Kaeppel.Data show the ratio of microcap stocks to the S&P 500 Index CBOE:SPX recentl…
Euronext wheat rose on Wednesday in step with Chicago futures to recover from a two-week low, though the price gains were curbed by expectations of bumper harvests in the Black Sea export region, traders said.September wheat EURONEXT:EBM1! on Paris-based Euronext settled 0.5% up at €203 ($231.12) a…
The U.S. Trade Representative said on Wednesday that the Trump administration will not renew the trade agreement with Mexico and Canada but that the pact would remain in effect until the issues were resolved or the agreement terminated.
By Jonathan AllenTwo people climbed to the very top of the Empire State Building's towering spire in New York City on Wednesday to unfurl a large banner urging world peace in what soon appeared to be an elaborate marriage proposal.The pair, dressed in sleeveless black outfits, hung onto the landmar…
JPMorgan Chase & Co NYSE:JPM:
By Blake BrittainPsychedelic therapy developer Definium Therapeutics NASDAQ:DFTX convinced a federal judge in Delaware on Wednesday to dismiss a lawsuit from a clinical-trial provider that accused it of stealing trade secrets related to LSD trials.U.S. District Judge Gregory Williams in Wilmington…
Zumtobel Group AG VIE:ZAG:
U.S. Agriculture Secretary Brooke Rollins announced $500 million in new funding on Wednesday to expand domestic fertilizer production after the Iran war drove up prices.The funds will be used to expand existing U.S. fertilizer plants and build new ones, Rollins told reporters during a press confere…
Shares of Bending Spoons (BSP.O) jumped nearly 7% in their U.S. market debut on Wednesday, giving the Italian technology company a $19.7 billion valuation.
Fresenius SE & Co KGaA XETR:FRE:
By Jonathan AllenTwo people climbed to the very top of the Empire State Building's towering spire in New York City on Wednesday to unfurl a large banner urging world peace.The pair, dressed in sleeveless black outfits, hung onto the landmark skyscraper's antenna spire near the glowing red light at…
ITG's (ITG.O) shares rose 12.5% in their Nasdaq debut on Wednesday, after the Oaktree-backed digital infrastructure company raised $312.2 million in its initial public offering.
French video games company Ubisoft EURONEXT:UBI said on Wednesday it recruited Amazon Games NASDAQ:AMZN Vice President Christoph Hartmann to lead its "Creative House 2", the division that manages games in the Tom Clancy franchise, such as "Splinter Cell" and "The Division".Hartmann co-founded and l…
Aperam SA EURONEXT:APAM:
The UK's blue-chip FTSE 100 slipped on Wednesday, with healthcare and energy shares leading declines, as investors monitored the latest setback in U.S.-Iran talks.The internationally focused FTSE 100 index CURRENCYCOM:UK100 closed down 0.2%, while the mid-cap FTSE 250 FTSE:MCX jumped 1.4% to a one…
