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By Deena Beasley (Reuters) – An influential drug pricing watchdog on Tuesday said popular GLP-1 weight-loss injections have become more cost-effective as their prices have fallen and studies have shown proof of their cardiovascular health benefits. In a draft report, the Institute for Clinical and Economic Review gave its highest cost-effectiveness rating to both Novo …

Pricing group says weight-loss drugs becoming more cost-effective Read More »

By Echo Wang NEW YORK (Reuters) – Stablecoin issuer Figure Technologies increased the size and raised the price range of its initial public offering on Tuesday as retail investors bid up crypto-related stocks, confirming a Reuters report. The company is now marketing the IPO at a price range of $20 to $22 a share – up …

Stablecoin issuer Figure Technologies upsizes IPO as crypto interest soars Read More »

(Reuters) – GameStop reported a nearly 22% rise in second-quarter revenue on Tuesday, as the videogame retailer’s efforts to revive its struggling business began to pay off, sending its shares up about 3% in extended trading. The company’s revenue increased to $972.2 million during the period, compared with $798.3 million a year ago. Once a …

GameStop reports rise in second-quarter revenue Read More »

By Ana Isabel Martinez and Adriana Barrera MEXICO CITY (Reuters) – Mexico’s government will propose a bill to impose import tariffs on some sectors, including automotives and manufacturing, in a bid to address trade imbalances, a top official said on Tuesday. The move would also bring an additional 70 billion pesos ($3.76 billion) to state coffers, …

Mexico seeks to impose tariffs on auto, manufacturing imports Read More »

By David Shepardson WASHINGTON (Reuters) – The U.S. Federal Communications Commission will terminate its investigation into EchoStar’s 5G buildout obligations in the country, according to a letter from the agency’s chair. The expected move follows EchoStar’s $17 billion deal to sell wireless spectrum to billionaire Elon Musk’s SpaceX and two weeks after it announced a …

FCC to end EchoStar probe into 5G, spectrum obligations after AT&T, SpaceX deals Read More »

By Allison Lampert, Doyinsola Oladipo and David Shepardson WASHINGTON (Reuters) – Airbus CEO Guillaume Faury said on Tuesday that the situation of completed airframes waiting for delayed engine deliveries has improved, but the European planemaker continues to need more engines as it doubled down on a delivery target for the year. In July, Faury said …

Airbus on track to hit delivery target despite engine delays, CEO says Read More »

By David Shepardson WASHINGTON (Reuters) – The U.S. Federal Aviation Administration issued a safety alert on Tuesday to airlines over risks from lithium batteries in aircraft passenger compartments, citing a large number of serious incidents. The FAA recommended airlines adopt risk mitigation strategies, including clear messaging to address potential fire risks tied to lithium batteries …

US FAA issues safety alert on risks posed by passenger lithium batteries on planes Read More »