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US judge upholds FDA's removal of Ozempic, Wegovy from drug shortage list
Judge says FDA appropriately weighed supply and demand informationCompounding pharmacies barred from making drug copiesJudge says FDA aware of Novo CEO's comments on drug accessBy Diana Novak Jones June 18 (Reuters) - A federal judge has rejected a bid by compounding pharmacies to allow them ...Reuters
Fri, Jun 20
Commodities
US natgas heads for best week in more than a month on hot-weather forecasts
Natgas prices up over 10% for the week Israel struck dozens of military targets overnightFreeport LNG seeks 40-month extension for Train 4 completion By Ashitha Shivaprasad June 20 (Reuters) - U.S. natural gas futures slipped on Friday but headed for its best week in more than a month, steered by...Reuters
Fri, Jun 20
Stocks
Why Enphase Energy Stock Was Sputtering This Week
The past few trading days haven't been kind to solar energy stocks, and Enphase Energy (NASDAQ: ENPH) has been caught in the rout.Developments in the legislative sphere kicked off the downturn, which was compounded in Enphase's case by several downbeat analyst notes. As of late Thursday, the company...The Motley Fool
Fri, Jun 20
Other
EXCLUSIVE-Metro's biggest shareholder open to selling stake, sources say
By Amy-Jo Crowley and Charlie Conchie LONDON, June 20 (Reuters) - Colombian billionaire Jaime Gilinski Bacal is open to selling his majority stake in British lender Metro Bank MTRO.L and has received interest from investors, two people with knowledge of the matter said.Gilinski, who sits on Metro...Reuters
Fri, Jun 20
Stocks
CubeSmart rises after BMO upgrades to 'outperform' rating
** Self-storage REIT CubeSmart CUBE.N shares up ~1.1% to $43.17** BMO upgrades CUBE to "outperform" from "market perform" rating** Brokerage says CUBE's under-levered balance sheet provides a defensive bulwark in case of macroeconomic headwinds, while also allowing for accretive ...Reuters
Fri, Jun 20
Stocks
3 Reasons Why Kroger Stock Is a Buy Now
These are challenging times. There's conflict here in the U.S., war breaking out in the Mideast, trade wars, and tariffs, as well as rising prices and recession fears. As gold prices soar and investors seek safe havens, how does one stay in the stock market and hedge against uncertainty?Defensive, r...The Motley Fool
Fri, Jun 20
Other
Apollo Global-backed Athora in talks to buy UK insurer PIC, Sky News says
June 20 (Reuters) - Athora Holding is in talks to buy Pension Insurance Corporation in a deal that could value the UK-based specialist insurer at up to 5 billion pounds ($6.75 billion), Sky News reported on Friday.Pricing, structure and other details about the potential deal remain unclear, the repo...Reuters
Fri, Jun 20
Commodities
US Supreme Court lets fuel producers challenge California emissions standards
Biden's EPA let California set tougher emissions standardsSupreme Court limited EPA regulatory powers in prior casesBy Andrew Chung WASHINGTON, June 20 (Reuters) - The U.S. Supreme Court sided on Friday with fuel producers that had opposed California's standards for vehicle emissions and ...Reuters
Fri, Jun 20
Commodities
Indonesia's Prabowo says he wants more Russian involvement in his country's economy
ST PETERSBURG, June 20 (Reuters) - Indonesia wants to see more Russian involvement in its economy, President Prabowo Subianto said on Friday, a day after signing a declaration with President Vladimir Putin on creating a strategic partnership."We know Russian corporations and we would like to see...Reuters
Fri, Jun 20
Economic Indicator
US leading indicators slip in May, triggering recession signal, Conference Board says
June 20 (Reuters) - A measure of future U.S. economic activity fell in May for the sixth straight month and triggered a recession signal, held down by consumer pessimism, weak new orders for manufactured goods, an uptick in jobless benefits claims and a drop in building permit applications.The Confe...Reuters
Fri, Jun 20
Commodities
GLOBAL LNG-Asian spot LNG prices at 4-month high on supply concerns
By Marwa Rashad LONDON, June 20 (Reuters) - Asian spot liquefied natural gas (LNG) prices rose to their highest level in four months this week on concerns over disruptions to supply due to the Israel-Iran conflict.The average LNG price for August delivery into north-east Asia LNG-AS was at $14.00...Reuters
Fri, Jun 20
Other
Dutch launch operation Orange Shield to keep NATO summit safe
By Charlotte Van Campenhout and Bart Biesemans AMSTERDAM, June 20 (Reuters) - The Netherlands has launched operation Orange Shield to protect next week's NATO summit, deploying combat helicopters, sea patrols, over 10,000 military and police personnel, bomb squads and air defence systems.Abou...Reuters
Fri, Jun 20
Stocks
Gun maker Smith & Wesson plunges after lower sales, profits as tariffs weigh
** Shares of Smith & Wesson Brands SWBI.O down 18% to $8.93, over 2-mth low, early Fri after reporting lower sales and earnings amid tariff uncertainty** SWBI shares on course for biggest daily pct drop since 20.3% dive on Dec 6** Maryville, Tennesse-based co late Weds said Q4 net sales fell nea...Reuters
Fri, Jun 20
Other
Rockfall on popular Canadian hiking trail kills one, injures three
OTTAWA, June 20 (Reuters) - Canadian rescue officials were due to resume searching on Friday for survivors after a major rockfall crashed onto a popular Rocky Mountain hiking trail, killing at least one person and injuring three others.The accident happened on Thursday near the Bow Glacier Falls in ...Reuters
Fri, Jun 20
Other
US issues fresh Iran-related sanctions, Treasury website shows
WASHINGTON, June 20 (Reuters) - The Trump administration has issued fresh Iran-related sanctions, including on two entities based in Hong Kong, and counterterrorism-related sanctions, according to a notice posted to the U.S. Treasury Department's website on Friday.The sanctions target at least 2...Reuters
Fri, Jun 20
Stocks
LIVE MARKETS-Wall Street indexes rise on the day, eye weekly gain
Wall Street indexes rise; Dow leads gainsReal estate is biggest S&P sector gainer; health is sole loserSTOXX 600 up ~0.4%Dollar edges up, gold edges down, oil dips, bitcoin up >1%U.S. 10-year Treasury yields rise to ~4.42% Welcome to the home for real-time coverage of markets brought to you b...Reuters
Fri, Jun 20
Other
Microalgo Inc Entered Into Convertible Note Purchase Agreement With Wimi Hologram Cloud Inc
June 20 (Reuters) - MicroAlgo Inc MLGO.O:MICROALGO INC: ENTERED INTO A CONVERTIBLE NOTE PURCHASE AGREEMENT WITH ITS PARENT COMPANY, WIMI HOLOGRAM CLOUD INCMICROALGO INC: ISSUED AN UNSECURED CONVERTIBLE PROMISSORY NOTE TO PURCHASER FOR PURCHASE PRICE OF $32.2 MILLIONSource text: [ID:n0001829126-25-00...Reuters
Fri, Jun 20
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