Reuters USA

By Aditya Samal (Reuters) – There is not sufficient evidence to recommend more than one COVID-19 booster shot a year for older people and those with weakened immune systems, an expert advisory group to the U.S. Centers for Disease Control and Prevention (CDC) said on Friday. The COVID-19 working group of the CDC’s Advisory Committee …

Not enough data to support multiple annual COVID boosters, U.S. CDC advisers say Read More »

By Mike Scarcella (Reuters) – A California federal judge on Thursday dismissed antitrust claims against commercial real estate information services company CoStar Group Inc, in a feud with an industry rival platform that alleged it was unlawfully boxed out of competition. U.S. District Judge Consuelo Marshall in Los Angeles found CoStar’s commercial real estate listing …

CoStar defeats real estate rival’s antitrust claims in U.S. court Read More »

By Brendan Pierson (Reuters) -The first scheduled trial over claims that GSK Plc’s heartburn drug Zantac caused cancer, which had been set to begin Monday, has been postponed by five months. The case, brought by California resident James Goetz in Alameda County Superior Court, is now expected to go to trial July 24, according to …

First Zantac cancer risk trial in Calif. postponed five months Read More »

By Doyinsola Oladipo NEW YORK (Reuters) – Fears of recession and the impact of inflation on consumer budgets could curb a rebound in travel demand reported by U.S. travel companies in the fourth quarter, although bookings are holding up so far this year, analysts said. Several big names in the travel and leisure industry, including …

U.S. travel companies experience high demand but economic worries cloud outlook Read More »

(Reuters) -Shares of Beyond Meat Inc surged 19% in early trading on Friday as the plant-based meat maker’s results indicated that its cost-control measures were finally bearing fruit. Beyond Meat’s shares, which were trading at $20.42, had slumped about 65% in the past twelve months, hammered by a string of downbeat results and forecast cuts …

Beyond Meat shares surge as cost controls bear fruit Read More »

SANTIAGO (Reuters) – Chile is finalizing a deal with the World Bank for insurance against high-intensity earthquakes that would impact the country’s fiscal policy and public debt, the Finance Ministry said on Thursday. “The insurance would allow Chile to receive pre-established compensation payments, in the event of certain high-intensity parameterized seismic events that cause material …

Chile readies major earthquake insurance with World Bank Read More »

By Timour Azhari and Orhan Coskun ANTAKYA/ANKARA, Turkey (Reuters) -Turkey has begun initial work to rebuild homes following this month’s devastating earthquakes, a government official said on Friday, as a U.N. Development Program (UNDP) estimated 1.5 million people have been left homeless. More than 160,000 buildings containing 520,000 apartments collapsed or were severely damaged in …

Turkey begins to rebuild for 1.5 million made homeless by earthquakes Read More »

(Reuters) -Companies across North America and Europe have in recent months cheered the Biden Administration’s $430 billion U.S. Inflation Reduction Act (IRA), which includes major provisions to cut carbon emission, boost domestic production and manufacturing. The act, signed into a law late last year by President Joe Biden, has also sparked a reaction from the …

Factbox-How companies are reacting to the U.S. Inflation Reduction Act Read More »

(Reuters) – Canada’s Toronto-Dominion Bank has received all regulatory approvals to complete its $1.3 billion acquisition of New York-based boutique investment bank Cowen Inc, the companies said on Friday. The deal is expected to close on March 1, they said. TD announced the buyout in August, building on its strategy to expand in the United …

Canada’s TD gets regulatory nod for $1.3 billion purchase of Cowen Read More »