Author: Press Room

Georgia Republicans have proposed new congressional maps that would create an additional majority-Black district in the state while targeting a Democratic congresswoman.Representative Lucy McBath, whose Seventh Congressional District encompasses a large swath of Gwinnett and Fulton Counties in Atlanta’s northeastern suburbs, would see her home district written into heavily Republican territory well north of the capital under the new maps, effectively drawing her out of a congressional seat. Republicans would maintain their four-seat majority in the state’s congressional delegation, and no Republican representatives would be in danger of losing their seats.The maps, which were made public on Friday, were redrawn…

Black female founder imagining her startup. getty The U.S. Securities and Exchange Commission (SEC) Small Business Capital Formation Advisory Committee recently met to discuss the accredited investor definition. The Commission is expected to demand higher hurdles to qualify as an accredited investor. Expanding not shrinking the pool of accredited investors will drive innovation, stimulate economic growth, and improve the quality of life in underserved communities. How? Because individual investors are more likely than VCs to fund women- and other diverse-founded startups, which, in turn, bring jobs to their communities. Oh, and diverse founders also give great returns to those who…

This article is an on-site version of our Energy Source newsletter. Sign up here to get the newsletter sent straight to your inbox every Tuesday and ThursdayGood morning and welcome to Energy Source, coming to you from London.Today is the first anniversary of the G7’s price cap policy, introduced 12 months ago in an attempt to keep Russian crude on the international market, while undermining the Kremlin’s ability to finance its war in Ukraine.The policy was ambitious: an attempt to re-engineer the oil market and damage Russia without pushing global crude prices higher. Many oil industry veterans said it was doomed to…

© Reuters. FILE PHOTO: U.S. Supreme Court Associate Justice Samuel A. Alito Jr. poses during a group portrait at the Supreme Court in Washington, U.S., October 7, 2022. REUTERS/Evelyn Hockstein/File Photo By Andrew Chung and John Kruzel WASHINGTON (Reuters) – The U.S. Supreme Court is set on Tuesday to consider a challenge to the legality of a tax targeting owners of foreign corporations that could undermine efforts at imposing a wealth tax on the very rich in a case that has already sparked controversy over a call for Justice Samuel Alito to recuse. The justices were due to hear arguments…

© Reuters. Johnson & Johnson company offices are shown in Irvine, California, U.S., October 14, 2020. REUTERS/Mike Blake (Reuters) – Johnson & Johnson (NYSE:) on Tuesday forecast revenue growth of 5-6% for the next year, as it banks on strong demand for cancer treatments Darzalex and Carvykti and resilient sales of blockbuster drug Stelara. The company has narrowed its focus on its drugs and medical devices business since it hived off its consumer health unit earlier this year. Sales of blockbuster psoriasis treatment Stelara in Europe are expected to come under pressure as early as next year as a key…

2/2 © Reuters. FILE PHOTO: Beneficiaries of World Food Program assistance queue at a food distribution center amid exacerbating food shortages, in Sanaa, Yemen July 18, 2023. REUTERS/Khaled Abdullah/File Photo 2/2 RIYADH (Reuters) – The World Food Programme (WFP) said on Tuesday it had paused general food distribution in north Yemen due to limited funding and disagreement with local authorities over how to focus on the poorest there. Sanaa and northern Yemeni regions are under the control of the Iran-aligned Houthi group, which has been at war since 2014 with a Saudi-backed government that is based in the southern port…

champpixs The U.S. Food and Drug Administration has granted ImmunoGen (NASDAQ:IMGN) a priority review for its supplemental biologics license application of ovarian cancer drug Elahere (mirvetuximab soravtansine-gynx). The priority review for full approval has a Prescription Drug User Fee Act action date of April 5, 2024. Elahere aims to treat patients with folate receptor alpha-positive, platinum-resistant epithelial ovarian, fallopian tube, or primary peritoneal cancer. Michael Vasconcelles, ImmunoGen’s executive vice president, said: “This regulatory milestone, achieved just over one year after Elahere’s accelerated approval, underscores the significance of the [confirmatory Phase 3 MIRASOL trial] data and the broader data set seen…

© Reuters Investing.com – The U.S. dollar stabilized in early European trade Tuesday, near a one-week high, as traders scaled back dovish Federal Reserve bets ahead of key economic data releases. At 04:30 ET (09:30 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded largely unchanged at 103.559, after recording its weakest monthly performance in a year in November. Greenback finds support ahead of key data The dollar was on the backfoot for most of November as traders began pricing in bigger rate cuts by the Fed next year than by any other…

North Carolina voters filed a federal lawsuit on Monday challenging congressional districts drawn by Republican state legislators.The lawsuit, filed in U.S. District Court, argues that the newly drawn districts weaken minority voting power in violation of the U.S. Constitution.The map favors Republicans to potentially win 10 of the state’s 14 congressional seats in the upcoming November election.North Carolina Black and Latino voters sued in federal court on Monday seeking to strike down congressional districts drawn this fall by Republican state legislators that they argue weaken minority voting power in violation of the U.S. Constitution.The lawsuit filed in U.S. District Court…

Elon Musk believes that Tesla has the “best real-world AI,” which powers its self-driving tech.Whistleblower Lukasz Krupski told BBC News that the Autopilot feature wasn’t ready for public use.The ex-technician leaked confidential Tesla files in May to German newspaper The Handelsblatt.  Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app Elon Musk thinks “Tesla has by far the best real-world AI.”The billionaire shared his belief in an X post Saturday, but a former employee doesn’t seem to agree. Former Tesla service technician Lukasz Krupski said in an…