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(Reuters) -Lexicon Pharmaceuticals said on Monday the U.S. Food and Drug Administration requires more time to review the company’s previously submitted additional data on its experimental drug, zynquista, for patients with type 1 diabetes. The health regulator now expects to provide feedback in the fourth quarter, delaying its initial timeline set for the end of …

Lexicon expects delay in FDA feedback on additional data for its diabetes drug Read More »

By Jonathan Stempel NEW YORK (Reuters) -Hershey defeated a lawsuit claiming it misled consumers who were disappointed the Halloween-themed Reese’s peanut butter candies they bought lacked the decorative details shown on the labels. U.S. District Judge Melissa Damian ruled on Friday that the plaintiffs did not show they suffered economic harm because their pumpkin-shaped candies, …

Hershey beats lawsuit claiming Reese’s Halloween candies aren’t spooky Read More »

By David Shepardson WASHINGTON (Reuters) -Republican Senator Rand Paul said on Sunday that threats by Federal Communications Commission chair Brendan Carr against Disney and local broadcasters for airing “Jimmy Kimmel Live” were “absolutely inappropriate.” Television network ABC, which is owned by Disney, suspended Jimmy Kimmel’s late-night talk show after Carr threatened investigations and regulatory action …

More Senate Republicans raise concerns about FCC pressure on Disney Read More »

By Andrea Shalal, David Lawder and Susan Heavey WASHINGTON (Reuters) -U.S. Treasury Secretary Scott Bessent on Monday said that “all options” were on the table for stabilizing Argentina, including swap lines and direct currency purchases, while underscoring President Donald Trump’s confidence in Argentine President Javier Milei and his economic team. Bessent told reporters any U.S. …

US ready to support Argentina with ‘large and forceful’ action, Treasury chief says Read More »

By Howard Schneider and Michael S. Derby WASHINGTON (Reuters) -New Federal Reserve Governor Stephen Miran said on Monday that the Fed is misreading how tight it has set monetary policy and will put the job market at risk without aggressive rate cuts, a view countered in remarks by three of his colleagues who feel the …

Miran defends low-rate view as colleagues caution on further cuts Read More »

By Luciana Magalhaes SAO PAULO (Reuters) -Brazilian conglomerate Cosan’s plan to raise up to 10 billion reais ($1.9 billion) through public offerings will go towards alleviating the company’s debt, an executive said on Monday, adding none of the funds would go to helping Raizen, its embattled joint venture with oil major Shell. Although analysts welcomed …

Brazil’s Cosan says $2 billion capital hike will relieve debt, shares plunge Read More »

By Akash Sriram (Reuters) -U.S. tech shares were little changed on Monday after President Donald Trump announced a $100,000 one-time fee for H-1B visas, part of his immigration crackdown that has raised concerns about higher labor costs and limited access to skilled workers. The H-1B program allows U.S. employers to hire foreign workers in specialty …

US tech shares hold steady after Trump unveils $100,000 H-1B visa fee Read More »