By Michael Erman NEW YORK (Reuters) – Drugmakers plan to raise U.S. prices on at least 250 branded medications including Pfizer COVID-19 treatment Paxlovid, Bristol Myers Squibb’s cancer cell therapies and vaccines from France’s Sanofi at the start of 2025, according to data analyzed by healthcare research firm 3 Axis Advisors. Nearly all of the…
(Reuters) -The National Highway Traffic Safety Administration said on Tuesday that Ford Motor Co would recall 20,484 hybrid crossover SUVs over battery concerns. The recall includes certain Ford Escape and luxury Lincoln Corsair vehicles from model years 2020 to 2024. “A manufacturing defect in one or more of the high voltage battery cells may result…
By Stephen Culp NEW YORK (Reuters) – U.S. stock exchanges will close on Thursday, January 9 in observation of a national day of mourning in honor of former U.S. President Jimmy Carter, who died on Sunday at the age of 100. The New York Stock Exchange and the Nasdaq announced the closures on Monday, a…
(Reuters) – The crash on Sunday of a Jeju Air Boeing 737-800 in Seoul killed a total of 179 people in the deadliest air disaster on South Korean soil. Here are some of the biggest aviation accidents of 2024, in order of severity: SOUTH KOREA Jeju Air international flight 7C2216, originating from Bangkok, Thailand, and…
ZURICH (Reuters) – Switzerland should not set rules for its banking sector that put it at a disadvantage, UBS CEO Sergio Ermotti was quoted as saying on Monday, as the country prepares to overhaul regulation following his bank’s takeover of Credit Suisse. Swiss authorities are in the coming weeks due to put forward stricter banking…
HELSINKI (Reuters) – The owner of an oil tanker seized by Finland on suspicion of breaking an undersea power line and four telecoms cables in the Baltic Sea last week is seeking the release of the ship, a lawyer representing the company said on Monday. Finnish police and coast guard officials boarded the Cook Islands-registered…
(Reuters) – Contracts to buy U.S. previously owned homes rose more than expected in November, notching a fourth straight month of gains as buyers focused on taking advantage of improved inventory despite stubbornly high mortgage rates. The National Association of Realtors (NAR) said on Monday its Pending Home Sales Index, based on signed contracts, rose…
(Reuters) – Chipmaker Nvidia has completed its acquisition of Israeli AI firm Run:ai, the startup said on Monday, following antitrust scrutiny over the buyout. The European Commission granted unconditional approval to Nvidia’s $700 million bid for Run:ai, which helps developers optimize infrastructure for AI, earlier in December after saying in October that the deal would…
(Reuters) – A Mega Millions ticket holder in California woke up much richer on Saturday after they matched all six numbers in the lottery hours before to win an estimated $1.3 billion, the fifth largest jackpot in the game’s history. The winning ticket that matched the numbers 3, 7, 37, 49 and 55, plus the…
(Reuters) -NASA said on Friday that its Parker Solar Probe was “safe” and operating normally after successfully completing the closest-ever approach to the Sun by any human-made object. The spacecraft passed 3.8 million miles (6.1 million km) from the solar surface on Dec. 24, flying into the sun’s outer atmosphere called the corona, on a…
