The U.S. Food and Drug Administration has selected Eli Lilly NYSE:LLY and Regeneron NASDAQ:REGN, among seven companies, for a pilot program to accelerate reviews of new domestic pharmaceutical manufacturing facilities, CNBC reported on Monday citing an FDA spokesperson.
The euro zone economy appears to have built greater resilience to economic shocks, allowing the European Central Bank to raise interest rates more easily without fearing it would set off financial stress, ECB President Christine Lagarde said.This resilience may come in handy as the 21-nation curren…
By Noel JohnU.S. natural gas futures fell for a second straight session on Monday, as ample supplies kept pressure on the market despite forecasts for hotter weather in the coming weeks.On its first day as the front-month, gas futures for August delivery NYMEX:NG1! on the New York Mercantile Exchan…
ELI LILLY, REGENERON AMONG FIRST COMPANIES SELECTED FOR FDA INITIATIVE TO SPEED REVIEW OF NEW MANUFACTURING FACILITIES - CNBC
By Chuck MikolajczakU.S. Treasury yields edged higher on Monday, as crude prices rose following attacks between the U.S. and Iran over the weekend and ahead of a flurry of labor market data later this week.U.S. crude NYMEX:CL1! rose 2.02% to $70.62 a barrel and Brent ICEEUR:BRN1! rose to $72.92 per…
By Raphael SatterApple NASDAQ:AAPL said it is pushing forward a series of software updates that would previously have been bundled with a new version of its iOS operating system, making them available earlier than in previous cycles in response to AI-driven security concerns.The company told Reuter…
Chicago Board of Trade corn futures ended lower on Monday as traders adjusted positions prior to the release of the U.S. Department of Agriculture acreage and stocks report a day later.
By Jasper Ward and Allison LampertThe Federal Aviation Administration said it has launched an investigation after a JetBlue NASDAQ:JBLU flight reported hitting a drone while approaching New York's John F. Kennedy International Airport on Monday.The pilot of the Airbus A321 EURONEXT:AIR, which had d…
CARLISLE COMPANIES MADE MORE THAN ONE UNSOLICITED OFFER TO ACQUIRE OWENS CORNING IN WHAT WOULD BE A WELL-OVER $10 BILLION DEAL - WSJ (FIXES COMPANY NAME)CONSTRUCTION-PRODUCTS SUPPL
The May data for the U.S. Personal Consumption Expenditures Price Index, excluding food and energy, could be revised lower when the government implements methodological changes to some components later this year, economists say.The Bureau of Economic Analysis said last week it would revamp how it c…
By Daniel WiessnerA U.S. judge has denied a request by unions to block potential job cuts at the Federal Emergency Management Agency, saying the agency had backed away from plans to let thousands of disaster-response workers' contracts lapse.U.S. District Judge Susan Illston in San Francisco late o…
EVERCORE URGES AI TILT AS FED RATE HIKE LOOMSMarkets widely expect the Federal Reserve to raise interest rates at least once this year as inflation remains above its 2% target, potentially marking the start of a tightening cycle under Chair Kevin Warsh and prompting investors to reposition portfoli…
NVIDIA Corp NASDAQ:NVDA:
By Sukanya MitraGold prices fell on Monday as fresh U.S.-Iran tensions lifted oil prices and sparked fears of inflation, bolstering expectations of higher interest rates.Spot gold slid 1.7% to $4,020.68 per ounce by 2:00 p.m. ET (1800 GMT), after falling more than 2% earlier in the session and hitt…
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SUPER MICRO OFFICE RAIDED AS TAIWAN EXPANDS CHIP SMUGGLING PROBE - BLOOMBERG NEWS
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