business news
FDA advisors recommend over-the-counter use of life-saving opioid overdose treatment Narcan
The Food and Drug Administration’s independent advisors on Wednesday unanimously recommended over-the-counter use of the nasal spray Narcan to reverse opioid overdoses, which would significantly expand access to the life-saving treatment. Emergent BioSolutions‘ Narcan is the most commonly sold treatment for opioid overdoses. The FDA is expected to make a decision by March 29 on […]
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McDonald’s to launch McPlant nuggets created with Further than Meat in Germany
McDonald’s is including its McPlant burger and nuggets to menus in Germany. Resource: McDonald’s McDonald’s is increasing its McPlant line with a further Further than Meat merchandise. The speedy-food stuff big announced Wednesday that shoppers in Germany will be ready to get plant-based mostly McPlant Nuggets beginning Feb. 22. McDonald’s, which has additional than 1,400 […]
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Essential Republican subpoenas Alphabet, Amazon, Apple, Meta and Microsoft, citing alleged collusion with the federal government to suppress speech
Ranking member Rep. Jim Jordan, R-Ohio, ideal, attends the Household Judiciary Committee listening to titled Revoking Your Legal rights: The Ongoing Disaster in Abortion Treatment Obtain, in Rayburn Building, on Wednesday, May 18, 2022. Tom Williams | CQ-Roll Call, Inc. | Getty Pictures Property Judiciary Chair Jim Jordan, R-Ohio, despatched subpoenas to five Big Tech […]
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FTX founder Sam Bankman-Fried’s two bond guarantors unsealed, both equally with ties to Stanford
The names of two of FTX co-founder Sam Bankman-Fried’s guarantors were being revealed on Wednesday, following an unsealing motion from media businesses together with CNBC was granted by a Manhattan federal judge. Bankman-Fried was unveiled on $250 million recognizance bond in December following he was indicted on felony fraud prices. In all, there were 4 […]
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Ford F-150 Lightning EV production to be halted at least through end of next week
Ford CEO Jim Farley pats a Ford F-150 Lightning truck before announcing at a press conference that Ford Motor Company will be partnering with the world’s largest battery company, a China-based company called Contemporary Amperex Technology, to create an electric-vehicle battery plant in Marshall, Michigan, on February 13, 2023 in Romulus, Michigan. Bill Pugliano | […]
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Moderna CEO Stephane Bancel will testify before Senate next month on Covid vaccine price hike
Moderna CEO Stephane Bancel will testify before the Senate health committee in March over the company’s plans to hike the price of its Covid-19 vaccine. Sen. Bernie Sanders, chair of the health panel, confirmed in a statement on Wednesday that Bancel would appear at a hearing titled: “Taxpayers Paid Billions For It: So Why Would […]
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Rep. Matt Gaetz won’t be criminally charged in DOJ sexual intercourse trafficking probe, his attorneys say
U.S. Rep.-elect Matt Gaetz (R-FL) delivers remarks in the Home Chamber for the duration of the fourth working day of elections for Speaker of the Dwelling at the U.S. Capitol Creating on January 06, 2023 in Washington, DC. Earn McNamee | Getty Images The Department of Justice has made a decision not to criminally demand […]
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Amazon cuts ties with EU distributors amid broader thrust to trim prices
Amazon designs to minimize ties with lots of European distributors who source merchandise on its site, as it appears to be like for means to trim prices, the corporation verified. Distributors are one particular segment of Amazon’s rapidly-escalating marketplace, which has become the centerpiece of its dominant e-commerce business enterprise, accounting for additional than half […]
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U.S. will default on its credit card debt among July and September if Congress isn’t going to raise personal debt ceiling, CBO says
A car drives subsequent to a board at a bus cease exhibiting a U.S. national credit card debt determine following the U.S. federal government hit its $31.4 trillion borrowing restrict amid a standoff among the Republican-controlled House of Representatives, President Joe Biden and Democratic legislators that could direct to a fiscal disaster in a number […]
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Watch live: Biden outlines plans to cut U.S. deficit by $2 trillion over the next decade
(The stream is slated to start at 2:30 p.m. ET. Please refresh the page if you do not see a video above at that time.) U.S. President Joe Biden is in Lanham, Maryland today where he will speak to the International Brotherhood of Electrical Workers Local Union 26 about the state of the economy and […]
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