Merck CEO Frazier to testify at Senate drug pricing hearing
NEW YORK/WASHINGTON (Reuters) – U.S. drugmaker Merck & Co Inc said on Tuesday that its Chief Executive Ken Frazier plans to testify at a Senate hearing later this month examining…
Tech boosts S&P, Nasdaq; healthcare weighs on Dow
(Reuters) – U.S. stocks edged higher on Monday boosted by technology shares ahead of Alphabet’s results after the bell, but declines in healthcare and energy stocks kept gains in check.…
U.S. factory orders fall; core capital goods unrevised
WASHINGTON (Reuters) – New orders for U.S.-made goods unexpectedly fell in November amid sharp declines in demand for machinery and electrical equipment, government data showed on Monday, suggesting a slowdown…
U.S. high court temporarily blocks Louisiana abortion restrictions
WASHINGTON (Reuters) – The U.S. Supreme Court on Friday temporarily prevented a Louisiana law imposing strict regulations on abortion clinics from taking effect in a case that presents a key…
China’s Xi wants to meet U.S. halfway on trade deal
WASHINGTON (Reuters) – China’s leader Xi Jinping told U.S. President Donald Trump in a letter that he hopes both sides will be able to meet each other halfway to reach…
White House says March 1 is hard deadline for China trade deal
WASHINGTON (Reuters) – President Donald Trump sees March 1 as a hard deadline to reach a trade deal with China, the White House said on Thursday, saying U.S. tariffs on…
Trump says he will meet with China’s Xi to try to seal trade deal
WASHINGTON (Reuters) – President Donald Trump said on Thursday he will meet with Chinese President Xi Jinping soon to try to seal a comprehensive trade deal as the top U.S.…
Shutdown costs pegged at $3 billion as government reopens
WASHINGTON (Reuters) – The U.S. economy was expected to lose $3 billion from the partial federal government shutdown over President Donald Trump’s demand for border wall funding, congressional researchers said…
Nasdaq boosted by chip rally; Dow, S&P 500 stall
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., January 22, 2019. REUTERS/Brendan McDermid NEW YORK (Reuters) – The S&P 500 edged higher…
Not-for-profit to offer 20 generic drugs in 2019 to alleviate shortages
(Reuters) – A new not-for-profit supplier of generic drugs formed by a consortium of hospitals systems said it expects this year to be able to provide about 20 products to…