Tag: United States

Walgreens Spearheads Advancement of Cell and Gene Therapies in Patient Care Expansion

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Walgreens announces expansion into cell and gene therapy services in the U.S., aiming to provide specialized care for patients with chronic, rare, or complex conditions. The move includes the launch of a new business unit and the opening of a facility in Pittsburgh dedicated to cell and gene therapies, reflecting the growing importance of specialty pharmacies in the healthcare system. [ad_1] A person rides past a Walgreens truck, owned by the Walgreens Boots Alliance, in Manhattan, New York City, on Nov. 26, 2021. Andrew Kelly | Reuters Walgreens on Thursday said…

Prosecutor asks judge to sanction Donald Trump for gag order violation in hush money case: Live updates

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[ad_1] Former President Donald Trump arrives at Manhattan criminal court with his legal team ahead of the start of jury selection in New York, NY on Monday, April 15, 2024.  Jabin Botsford | Via Reuters Editor’s note: This is developing news. Check back for updates. Prosecutors on Monday asked a New York judge to sanction Donald Trump for violating a gag order in multiple social media posts commenting on likely witnesses at the former president’s criminal hush money trial. “He is a criminal defendant, and like all criminal defendants he…

Why Hawaii is becoming a leader in U.S. EV adoption

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[ad_1] Customers admire a Tesla Model 3 electric vehicle at a Tesla store in Honolulu, Hawaii.  Alex Tai | SOPA Images | Lightrocket | Getty Images U.S. consumers have been making the move to all-electric vehicles more slowly than many expected — but a growing leader in EV adoption is Hawaii. The tropical island state this year ranks fifth in overall EV adoption at 11.9% of new retail vehicles sold through February, according to J.D. Power. Hawaii also ranks third – behind only California (46.1) and Washington (37) – in…

Georgia inmate serving life mailed bombs from prison to D.C. office building, Alaska court, feds charge

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[ad_1] Zoom In IconArrows pointing outwards David Dwayne Cassady, inmate in Georgia. Courtesy: Georgia Department of Corrections A man serving a life sentence for kidnapping and other crimes while in a Georgia prison built two bombs which he mailed to a District of Columbia office building and the federal courthouse and building in Anchorage, Alaska, prosecutors allege. The accused bomb maker, 55-year-old David Cassady, allegedly put the two explosive devices into the mail at his prison in Tattnall County on Jan. 24, 2020, according to an indictment issued by a…

New freight crew rule tests rail industry's clout, one year after East Palestine disaster

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[ad_1] A Union Pacific freight train is seen traveling on April 21, 2023 in Round Rock, Texas. Brandon Bell | Getty Images One year after the East Palestine, Ohio train derailment created an environmental disaster, the Biden administration on Tuesday unveiled new regulations intended to shore up freight rail safety. A new rule finalized by the Federal Railroad Administration will require freight trains in the United States to operate with at least two crewmembers in most circumstances. The government previously instituted a two-person crew requirement, but a loophole allowed railroads…

10-year Treasury yield rises slightly as bets on June rate cuts cool down

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[ad_1] The 10-year Treasury note yield rose slightly Tuesday, adding to its gains from the previous session, as traders reassessed the possibility of the Federal Reserve cutting rates in June. The benchmark rate was up nearly 2 basis points at 4.347%, trading at the highest in two weeks and almost the highest levels of the year. The 2-year Treasury note yield was just below flat at 4.714%. Yields and prices move in opposite directions, and one basis point equals 0.01%. The moves come after manufacturing in the U.S. expanded for…

USA Treasury yields search for direction after the long weekend

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USA Treasury yields saw minimal movement early on Monday after the extended Easter weekend, with the 10-year yield remaining flat while the 2-year yield dipped slightly. Investors are responding to the latest data on inflation, which indicates that the Federal Reserve may delay interest rate cuts. Analysts have varying opinions on the Fed’s future actions, with some forecasting no rate cuts this year and others anticipating more decisive measures. This week’s market focus will be on USA Treasury auctions, ISM manufacturing data, construction spending figures, and the upcoming March jobs…

Generative AI 'FOMO' is driving tech heavyweights to invest billions of dollars in startups

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[ad_1] Microsoft CEO Satya Nadella, right, greets OpenAI CEO Sam Altman during the OpenAI DevDay event in San Francisco on Nov. 6, 2023. Justin Sullivan | Getty Images News | Getty Images Tech giants aren’t doing much acquiring these days, due mostly to an unfavorable regulatory environment. But they’re finding other ways to spend billions of dollars on the next big thing. Amazon’s $2.75 billion investment in artificial intelligence startup Anthropic, announced this week, was its largest venture deal and the latest example of the AI gold rush that’s prompting…

Yellen warns China's surplus of solar panels, EVs could be dumped on global markets

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[ad_1] U.S. Treasury Secretary Janet Yellen testifies during a hearing before the Financial Services and General Government Subcommittee of the House Appropriations Committee at Rayburn House Office Building on Capitol Hill on March 21, 2024 in Washington, DC.  Alex Wong | Getty Images Treasury Secretary Janet Yellen on Wednesday warned that China is treating the global economy as a dumping ground for its cheaper clean energy products, depressing market prices and squeezing green manufacturing in the U.S. “I am concerned about global spillovers from the excess capacity that we are…

Walgreens tops quarterly revenue estimates, but narrows profit outlook in 'challenging' economy

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[ad_1] A person rides past a Walgreens truck, owned by the Walgreens Boots Alliance, Inc., in Manhattan, New York City, U.S., November 26, 2021.  Andrew Kelly | Reuters Walgreens on Thursday reported fiscal second-quarter sales that beat Wall Street’s expectations, but lowered the high end of its full-year adjusted earnings outlook in part due to a “challenging” retail environment in the U.S. The company also posted a steep net loss for the quarter as it recorded a hefty nearly $6 billion charge related to the decline in value of its…