Author: Press Room

The Missouri atorney general announced on Monday that his office is suing the Food and Drug Administration (FDA) and the Department of Health and Senior Services after they unlawfully approved the shipping of chemical abortion pills in the mail.Attorney General Andrew Bailey’s suit, which was joined by the states of Idaho and Kansas, comes on the heels of his efforts earlier this year, warning CVS and Walgreens that their plan to use the mail to distribute abortion pills would violate state and federal laws.Twenty Republican state attorneys general joined in the effort, led by Bailey, who in February said he…

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An American nurse working with Doctors Without Borders has returned home after working in Gaza. Emily Callahan told CNN some of her colleagues chose to stay behind, knowing they may die there. “We’re going to die saving as many people as we can,” Callahan said her colleagues told her. 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 An American nurse who returned to the US last week after working in Gaza told CNN on Monday that some of her colleagues chose to stay in…

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Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.UBS has unveiled its first quarterly loss in nearly six years as it bears the costs of the takeover of its former rival Credit Suisse.The $785mn net loss was bigger than the $444mn expected by analysts as UBS shouldered $2.2bn of costs related to the deal. Stripping out takeover-related costs, the lender generated a pre-tax profit of $844mn.UBS managed to bring in $22bn of net new money into its wealth management business, offering attractive interest rates as it fought to win back…

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© Reuters. FILE PHOTO: U.S. one dollar banknotes are seen in front of displayed stock graph in this illustration taken, February 8, 2021. REUTERS/Dado Ruvic/Illustration/File Photo By Ankur Banerjee SINGAPORE (Reuters) -The dollar advanced on Tuesday as last week’s rally in riskier currencies took a breather, while the Aussie slid after the Reserve Bank of Australia raised rates but tweaked its outlook, spurring investor expectations that rate hikes are nearing an end. The RBA raised interest rates by 25 basis points on Tuesday, as expected, ending four months of steady policy, but altered its language regarding the outlook. The Australian…

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© Reuters. In a recent development, Naohiko Baba, Goldman Sachs’ veteran chief Japan economist, is leaving his position after 12 years of service. This departure has ignited speculation about a potential shift in the Bank of Japan’s (BOJ) distinctive monetary easing policy. Baba, who was recruited by Goldman Sachs in 2011 due to his substantial tenure at the central bank, earned recognition for his accurate prediction of policy adjustments at a critical BOJ meeting in July. His foresight was mirrored by only a small fraction of economists, highlighting his expertise in interpreting and forecasting economic trends. The timing of Baba’s…

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© Reuters. Investing.com– Oil prices fell in Asian trade on Tuesday as a rebound in the dollar weighed, while weaker-than-expected trade data from China also raised concerns over sluggish demand in the world’s largest oil importer.  Crude prices had risen slightly from multi-month lows on Monday, encouraged by commitments from Saudi Arabia and Russia to maintain their ongoing supply reductions until the end of the year.  The U.S. also announced plans to buy three million more barrels of oil to refill the Strategic Petroleum Reserve, indicating more tightness in global supplies.  But this was largely offset by a rebound in…

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Ohio voters will decide Tuesday on ballot measures that would add the right to an abortion to the state’s constitution and legalize the recreational use of marijuana. Abortion rights supporters have been on a winning streak with ballot measures across the country, but their battle in Ohio may be particularly tough.Here’s what else to know:How to voteIn-person voting in Ohio will take place from 6:30 a.m. to 7:30 p.m. Eastern time on Tuesday.Voters must bring a valid form of identification, like a driver’s license or state identification card, to their polling sites. A law that went into effect this year…

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Abercrombie, Hiltongetty While some of the best-known Nasdaq-100 tech and social media stocks struggle to make higher highs — Apple AAPL , Alphabet, Microsoft MSFT and Netflix NFLX come to mind — these 4 New York Stock Exchange-traded old brand names are already up there at the new 52-week high mark. NYSE Brand Names New Highs. Abercrombie & Fitch ANF took a steady up trend to a new high this week. It may be that it’s the company’s stock buybacks that improve the “per share” metric, as in: the same basic earnings but with less stock out there equals a…

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Stay informed with free updatesSimply sign up to the Chinese business & finance myFT Digest — delivered directly to your inbox.The founder of Tencent-backed game-streaming site DouYu has been taken away by Chinese authorities, becoming the latest tech entrepreneur to run into trouble in the country.Two people familiar with the matter said 39-year-old Chen Shaojie, chief executive of the Nasdaq-listed group, was taken away several weeks ago. One of the people said authorities were probing pornography and gambling, both of which are illegal in China, on DouYu’s platform. “We have been unable to contact him since October,” said one of…

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