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Bypassed by Trump, Israel dismayed but silent
Trump's Middle East focus shifts to Gulf business dealsPM Netanyahu's right-wing govt at odds with some U.S. policy shiftsU.S.-Israel relations strong but diverging priorities evident, say observersBy James Mackenzie JERUSALEM, May 14 (Reuters) - Israel's right-wing government has mai...Reuters
Wed, May 14
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US drug overdose deaths dropped to 5-year low in 2024, CDC data shows
By Mariam SunnyMay 14 (Reuters) - Drug overdose deaths in the United States fell nearly 27% in 2024, federal estimates showed on Wednesday, marking the steepest decline ever and reaching the lowest levels since 2019. Nearly 80,391 people died from drug overdose in the U.S. in 2024, compared with 110...Reuters
Wed, May 14
Stocks
Halozyme falls after Morgan Stanley downgrades
** Shares of biopharma co Halozyme Therapeutics HALO.O fall 4.5% to $47.98** Morgan Stanley downgrades HALO's rating to "equal-weight" from "overweight"; cuts PT to $62 from $73** The U.S. Centers for Medicare and Medicaid Services (CMS) draft may impact HALO's drug pricing, ...Reuters
Wed, May 14
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Irenic Capital Management Intends To Vote Against Some Legacy Members Of Forward Air's Board At AGM
May 14 (Reuters) - Irenic Capital Management:IRENIC CAPITAL MANAGEMENT: AGREE WITH ANCORA HOLDINGS GROUP'S DECISION TO WITHHOLD SUPPORT FOR SOME LEGACY DIRECTORS AT FORWARD AIR'S ANNUAL MEETINGIRENIC CAPITAL MANAGEMENT: INTENDS TO VOTE AGAINST SOME LEGACY MEMBERS OF FORWARD AIR'S BOARD A...Reuters
Wed, May 14
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US FDA expands use of Merck's cancer drug for adrenal gland tumors
May 14 (Reuters) - The U.S. Food and Drug Administration said on Wednesday it has approved the expanded use of Merck's MRK.N cancer drug to treat two rare types of adrenal gland tumors.The drug, Welireg, became the first FDA-approved oral treatment for pheochromocytoma and paraganglioma (PPGL), ...Reuters
Wed, May 14
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CANADA RESEARCH ROUNDUP-Constellation Software, Exchange Income, Paramount Resources
May 14 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies including Constellation Software, Exchange Income and Paramount Resources on Wednesday. HIGHLIGHTS * Constellation Software Inc CSU.TO: Jefferies raises PT to C$5850 from C$5350 * Dream Off...Reuters
Wed, May 14
Stocks
Why Remitly Global Stock Was Sliding Today
Shares of Remitly Global (NASDAQ: RELY), the tech-forward remittance specialist, were pulling back today due to talk in Washington about a possible remittance tax as lawmakers look for ways to dissuade immigrants from sending money out of the country or collect a fee on those transactions.As a resul...The Motley Fool
Wed, May 14
Commodities
Tallgrass Announces Agreement For New Pipeline From Permian Basin to Rockies Express
May 14 (Reuters) - TALLGRASS:ANNOUNCES EXECUTION OF ANCHOR SHIPPER PRECEDENT AGREEMENTS FOR A NEW PIPELINE SAYS PIPELINE WILL TRANSPORT NATURAL GAS FROM MULTIPLE POINTS OF RECEIPT IN PERMIAN BASIN TO ROCKIES EXPRESS PIPELINE AND OTHER POINTS OF DELIVERYSAYS PIPELINE PROJECT IS DESIGNED TO BE CAPABLE...Reuters
Wed, May 14
Stocks
Why Arcos Dorados Stock Is Sinking Today
Arcos Dorados (NYSE: ARCO) is the largest independent McDonald's franchisee with 2,400 locations across Latin America and the Caribbean. Its shares were down 7% as of 1 p.m. ET Wednesday, according to data provided by S&P Global Market Intelligence.The sub-franchisee reported first-quarter earnings ...The Motley Fool
Wed, May 14
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California Governor Newsom seeks to scale back free healthcare for migrants
By Brad BrooksMay 14 (Reuters) - California Governor Gavin Newsom on Wednesday will announce a budget proposal to scale back a free healthcare program for low-income undocumented migrants, his office said, citing an expected $16 billion dent in state revenues from President Donald Trump's tariff...Reuters
Wed, May 14
Other
EXCLUSIVE-EU antitrust regulators to accept Microsoft's Office-Teams offer, sources say
BRUSSELS, May 14 (Reuters) - EU antitrust regulators are set to accept Microsoft's MSFT.O offer to widen the price differential between the Office product sold with its chat and video app Teams and its software sold without the app, people familiar with the matter said on Wednesday.The move woul...Reuters
Wed, May 14
Stocks
Giftify Inc reports results for the quarter ended March 31 - Earnings Summary
Giftify Inc GIFT.OQ reported a quarterly adjusted loss of 11 cents per share for the quarter ended March 31. The lone analyst forecast for the quarter was for a loss of 10 cents per share. Revenue was $22.28 million; analysts expected $24.80 million. Giftify Inc's reported EPS for the quarte...Reuters
Wed, May 14
Other
Ice hockey-U.S. snatch late overtime win over Norway at worlds
HERNING, Denmark, May 14 (Reuters) - An overtime goal from hat-trick hero Tage Thompson with less than a minute left on the clock earned the United States a 6-5 win over Norway at the men's World Championship on Wednesday, afterThe U.S. stormed into a 5-1 lead before the Norwegians mounted their...Reuters
Wed, May 14
Other
U.S. RESEARCH ROUNDUP-Fair Issac, First Solar, UnitedHealth
May 14 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Fair Issac, First Solar and UnitedHealth, on Wednesday. HIGHLIGHTS* Fair Isaac Corp FICO.N: JP Morgan raises target price to $2,220 from $1,900* First Solar Inc FSLR...Reuters
Wed, May 14
Other
Ukraine's Zelenskiy: Waiting for Russian move before taking next steps on Turkey talks
May 14 (Reuters) - Ukraine's President Volodymyr Zelenskiy said on Wednesday Ukraine was waiting to see who would represent Russia at proposed talks in Turkey before determining Ukraine's next steps."I am waiting to see who will arrive from Russia and then I will determine what steps Ukr...Reuters
Wed, May 14
Other
France's Sanofi to invest at least $20 billion in US through 2030
May 14 (Reuters) - Sanofi SASY.PA plans to invest at least $20 billion in the United States through 2030 to boost manufacturing and research, joining other drugmakers in expanding their U.S. presence in response to President Donald Trump's trade policies.The French drugmaker, one of the world...Reuters
Wed, May 14
