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☆ NHL roundup: Wild, Stars seal playoff berths
▼ + stars: | 2023-04-04 | by ( ) www.reuters.com time to read: +2 min

Despite the defeat, the Wild clinched a playoff berth thanks to the point for the overtime loss plus the Nashville Predators' 5-1 loss to the Dallas Stars. William Karlsson had two assists and Keegan Kolesar also scored for Vegas, while Brossoit finished with 30 saves. Matt Boldy scored his 30th goal of the season and also had an assist and Brandon Duhaime and John Klingberg also scored goals for Minnesota. Jared McCann scored two goals for Seattle, and Morgan Geekie, Ryan Donato and Carson Soucy each had a goal and an assist. Lawson Crouse scored the only goal of the game for the Coyotes, who are 0-6-2 in their past eight games.

☆ How I Hold It Together: Cher’s Advice and More
▼ + stars: | 2023-03-31 | by ( Jancee Dunn | ) www.nytimes.com time to read: 1 min

When I see my cat flop down on the floor, I know that means he’s about to do a luxurious stretch. He does this several times a day, and it’s a helpful reminder for me — as someone who tends to stay glued to her desk — to move my body. Often, I’ll try to get down there and join him. Normally I can get a few stretches in before he starts getting weird — cats are gonna cat — and does things like bite my head, or try to lovingly rip out some of my hair. But until then, it’s a quick way to stay flexible.

WASHINGTON, March 26 (Reuters) - U.S. House of Representatives Speaker Kevin McCarthy said on Sunday lawmakers will move forward with legislation to address national security worries about TikTok, alleging China's government had access to the short video app's user data. "The House will be moving forward with legislation to protect Americans from the technological tentacles of the Chinese Communist Party," McCarthy said on Twitter. In Thursday's hearing, the TikTok CEO was asked if of the app, has spied on Americans at Beijing's request. Republican Representative Neal Dunn then referenced the company's disclosure in December that some China-based employees at ByteDance improperly accessed TikTok user data of two journalists and were no longer employed by the company. McCarthy, a Republican, said in a tweet on Sunday, "It's very concerning that the CEO of TikTok can't be honest and admit what we already know to be true — China has access to TikTok user data."

☆ U.S. House speaker McCarthy says lawmakers to move forward with TikTok bill
▼ + stars: | 2023-03-26 | by ( ) www.cnbc.com time to read: +3 min

U.S. Speaker of the House Kevin McCarthy (R-CA), joined by fellow Republican lawmakers, holds a press conference at the U.S. Capitol on March 24, 2023 in Washington, DC. U.S. House of Representatives Speaker Kevin McCarthy said on Sunday lawmakers will move forward with legislation to address national security worries about TikTok, alleging China's government had access to the short video app's user data. "The House will be moving forward with legislation to protect Americans from the technological tentacles of the Chinese Communist Party," McCarthy said on Twitter. McCarthy, a Republican, said in a tweet on Sunday, "It's very concerning that the CEO of TikTok can't be honest and admit what we already know to be true — China has access to TikTok user data." Former U.S. President Donald Trump lost a series of court rulings in 2020 when he sought to ban TikTok and another Chinese-owned app, WeChat, a unit of Tencent.

☆ McCarthy expects US House will pass legislation to address TikTok
▼ + stars: | 2023-03-24 | by ( David Shepardson | ) www.reuters.com time to read: +3 min

REUTERS/Evelyn HocksteinWASHINGTON, March 24 (Reuters) - U.S. House Speaker Kevin McCarthy thinks lawmakers will pass bipartisan legislation to address national security worries about Chinese-owned short video app TikTok, he said on Friday, and called the testimony of the company's CEO "very concerning." There are growing calls to ban TikTok or to pass bipartisan legislation to give the Biden administration legal authority to seek a ban. Former U.S. President Donald Trump lost a series of court rulings in 2020 when he sought to ban TikTok and another Chinese-owned app, WeChat, a unit of Tencent (0700.HK). At Thursday's House hearing, Representative Neal Dunn asked Chew if ByteDance has spied on Americans at Beijing's request. "There are real national security concerns with respect to TikTok," said House Democratic Leader Hakeem Jeffries on Friday, citing privacy and consumer protection issues.

[1/3] U.S. President Joe Biden and Vice President Kamala Harris stand on stage together after delivering remarks at the DNC 2023 Winter Meeting in Philadelphia, Pennsylvania, U.S., February 3, 2023. Biden could lose crucial votes if he were to drop Harris, who is both the first Black and Asian-American U.S. vice president. While the vice president has disappointed some inside her party, Democrats see opportunity in the 2024 race. He leans on her a lot," said Cedric Richmond, a former congressman and former senior adviser in Biden's White House. "That was not her assignment," said the third former White House official, referring to reducing migrant crossings at the U.S.-Mexico border broadly.

WASHINGTON, March 22 (Reuters) - U.S. President Joe Biden's team is leaning toward basing his 2024 re-election campaign in his hometown of Wilmington, Delaware, and is considering at least three people to serve as his campaign manager, Democratic sources familiar with the matters said. Philadelphia, home to Biden's 2020 campaign operations, has also been under consideration, the sources said. The president is considering at least three people for the role of campaign manager, according to Democratic sources familiar with the deliberations. Jen O'Malley Dillon, who served as Biden's campaign manager in 2020, has ruled out returning to the role in 2024, two sources said. Now deputy chief of staff at the White House, she will be influential in selecting who takes the reins for the 2024 race, one source said.

☆ NBA roundup: Spurs overcome 24-point deficit, down Hawks
▼ + stars: | 2023-03-20 | by ( ) www.reuters.com time to read: +7 min

Dejounte Murray led the Hawks with 22 points in his return to San Antonio after being traded by the Spurs in the offseason. Onyeka Okongwu added 17 points, with Clint Capela racking up 15 points and 12 rebounds. Bam Adebayo supplied 22 points, 10 rebounds, five assists and three blocks for Miami. Tyler Herro had 19 points and six rebounds, Caleb Martin tossed in 13 points and Kevin Love added 12 points and eight rebounds. Fred VanVleet's 23 points led four Raptors scoring at least 18.

☆ Champagne in Dixie Cups. Pancakes Flecked With Gold. Fine Dining Gets Fun Again.
▼ + stars: | 2023-03-18 | by ( Elizabeth G. Dunn | Photographs Brian Finke For The Wall Street Journal | ) www.wsj.com time to read: 1 min

THE OLD Pineapple & Pearls was, by any measure, a resounding success. A year in, the Michelin Guide awarded it a coveted two stars. Which is why I was surprised to learn that Mr. Silverman had burned the whole concept to the ground and started from scratch. A two-year pandemic closure had given the chef and his team time to think about the future of Pineapple & Pearls and the point of its existence. “You hear the words ‘fine dining’ and it’s a three- or four-hour meal and you’re worshiping at the temple of some chef,” Mr. Silverman said.

Commodity trading advisers (CTAs) - funds that try to profit by buying or selling when there is a clear direction in markets - slumped 4.3% in the three days to Monday, according to analysis from UBS. "We have seen certainly on (last) Friday and Monday capitulation trades from hedge funds, so all hedge funds have been short duration positioned and we have heard a lot of desks needed to shut down their risk," said Kaspar Hense, a senior portfolio manager at BlueBay Asset Management. Hedge funds felt this "brutally" in Japanese markets, Hense said, where positioning from hedge funds and CTAs had been particularly "one sided" in anticipation of an end to the Bank of Japan's yield curve control policy. British macro hedge fund manager Crispin Odey's main fund posted a minus 4.7% February performance and is down 3% so far this year, said a note from his hedge fund to clients. Very few macro economic funds tracked by bank research seen by Reuters have reported March numbers.

☆ NHL roundup: Knights edge Devils in shootout
▼ + stars: | 2023-03-04 | by ( ) www.reuters.com time to read: +3 min

[1/5] Mar 3, 2023; Las Vegas, Nevada, USA; New Jersey Devils center Nico Hischier (13) skates against Vegas Golden Knights defenseman Shea Theodore (27) during an overtime period at T-Mobile Arena. Adin Hill, playing in his 100th career NHL game, made a career-high 47 saves and stopped all four shootout attempts for the Golden Knights, who broke a tie for first place in the Pacific Division with the idle Los Angeles Kings. Kraken 4, Blue Jackets 2Jared McCann and Alex Wennberg each had a goal and an assist as Seattle defeated host Columbus. Leon Draisaitl and Kailer Yamamoto each had two goals and an assist, and Connor McDavid, whose five-game goal streak ended, had three assists for the Oilers. Lawson Crouse scored his 20th goal of the season for the Coyotes, who have lost four of their past five games.

☆ Investors step into U.S. bank stocks, but with some caution
▼ + stars: | 2023-03-02 | by ( Sinéad Carew | ) www.reuters.com time to read: +4 min

The S&P 500 bank subsector (.SPXBK) is up 4.9% so far in 2023 slightly ahead of the benchmark S&P 500's (.SPX) 3.3% gain. But some investors are circumspect as banks themselves warned during earnings season in January that they expect higher loan losses and weaker demand for borrowing. The rate increases have boosted banks' income, giving them the go-ahead to charge higher interest rates for loans. But now, bank customers with savings accounts are seeking out higher interest rates on deposits, offsetting some lending gains. Barclay's analyst Jason Goldberg sees economic strength as a bigger factor for bank stocks this year than the Fed hikes path.

☆ Reata shares triple after surprise FDA nod for rare disease drug
▼ + stars: | 2023-03-01 | by ( ) www.reuters.com time to read: +2 min

March 1 (Reuters) - Shares of Reata Pharmaceuticals Inc (RETA.O) tripled in value on Wednesday after the U.S. Food and Drug Administration (FDA) approved its rare disease drug, ending years of uncertainty over its future. The U.S. biotech firm's shares jumped to $93, the highest since late 2021, on more than 16 million shares traded, a record one-day volume for the stock. Reata's drug Skyclarys is the first approved treatment for Friedreich's Ataxia, a rare genetic disorder that causes progressive damage to the nervous system and can lead to premature death. The nod follows years of back and forth between Reata and the FDA. Reata's shares had tumbled 30% following Dunn's resignation as investors fretted about the possibility of approval under a new division head.

☆ Reata shares hit 1-year high after surprise FDA nod for rare disease drug
▼ + stars: | 2023-03-01 | by ( ) www.reuters.com time to read: +2 min

March 1 (Reuters) - Shares of Reata Pharmaceuticals Inc (RETA.O) soared 175% to hit a one-year high in early trading on Wednesday, after the U.S. Food and Drug Administration (FDA) approved its rare disease drug and ended years of uncertainty over its future. The U.S. biotech firm's shares jumped to $86, their highest since December 2021. The nod follows years of back and forth between Reata and the FDA. Reata's shares had tumbled 30% following Dunn's resignation as investors had fretted about the possibility of approval under a new division head. "We've followed some pretty dramatic stories in the past, but the Reata odyssey is in the Hall of Fame," said Baird analyst Brian Skorney.

☆ Reata shares surge after surprise FDA nod for rare disease drug
▼ + stars: | 2023-03-01 | by ( ) www.reuters.com time to read: +1 min

March 1 (Reuters) - Shares of U.S. biotech firm Reata Pharmaceuticals Inc (RETA.O) more than doubled in premarket trading on Wednesday, a day after the Food and Drug Administration (FDA) approved its rare disease drug and ended years of uncertainty over its future. The drug Skyclarys is the first approved treatment for Friedreich's Ataxia, a rare genetic disorder that causes progressive damage to the nervous system and can lead to premature death. The approval follows years of back and forth between Reata and the FDA, which in 2020 said the data from a mid-stage trial was not enough to support an approval. The FDA has previously approved drugs for neurological conditions based on limited data such as for Biogen Inc's Alzheimer's drug Aduhelm and Amylyx's (AMLX.O) ALS drug. Reata's shares were up 174.2% to $85.47 before the bell.

☆ Parade — the inclusive underwear brand beloved by Gen Z and self-styled as 'the internet's favorite' — is coming to Target
▼ + stars: | 2023-03-01 | by ( Mary Hanbury | ) www.businessinsider.com time to read: +4 min

Inclusive underwear brand Parade is launching at 400 Target stores this week. The brand is popular with younger consumers, but wants to grow its reach away from its Gen Z core. Self-described as the "Internet's favorite brand," Parade has built itself up around its community of Gen Z nano influencers, who promote and offer feedback on new items. "Our ambition is to be the leading underwear brand for all people," cofounder and CEO Téllez told Business of Fashion. Insider reached out to both Target and Parade for further comment, but did not immediately hear back.

Feb 28 (Reuters) - The U.S. Food and Drug Administration on Tuesday approved Reata Pharmaceuticals Inc's (RETA.O) drug for the treatment of a rare genetic disorder that causes progressive damage to the nervous system, sending shares up nearly 160% after the bell. The drug, Skyclarys, is Reata's first product to gain approval, and Jefferies analyst Maury Raycroft projected that U.S. sales of the drug could reach $400 million by 2030. Reata estimates the disorder, called Friedreich's ataxia, affects about 5,000 patients in the United States. Raycroft, before the FDA decision, estimated the drug could be priced at about $425,000 per patient annually. The FDA has previously approved drugs for neurological conditions based on limited data such as for Biogen Inc's (BIIB.O) Alzheimer's drug Aduhelm and Amylyx's ALS drug.

☆ FDA neurosciences chief Billy Dunn to leave immediately, analysts raise concern
▼ + stars: | 2023-02-28 | by ( ) www.reuters.com time to read: +2 min

Feb 28 (Reuters) - The U.S. Food and Drug Administration neurosciences head Billy Dunn will retire from his role effective immediately, the health regulator told Reuters on Tuesday. Wall Street analysts said Dunn's departure could impact the regulator's stance on neurological drug decisions in the near term, sending down shares of Reata Pharmaceuticals Inc (RETA.O) 30% on Monday when media reports on the exit surfaced. Texas-based Reata is expecting FDA's decision by Tuesday on its drug to treat a rare neuromuscular disorder called Friedreich's ataxia. The departure of Dunn, 53, was announced in an internal message to the agency's employees on Monday. Newly appointed deputy director Teresa Buracchio will also serve in Dunn's role on an interim basis at the Office of Neuroscience, the agency told Reuters.

☆ How an AI breakthrough from Alphabet's DeepMind 'changed scientific history' and could lead to new cures
▼ + stars: | 2023-02-28 | by ( Andrew Dunn | ) www.businessinsider.com time to read: +11 min

"AlphaFold has sparked a wave of innovation by showing people what's possible," said Chris Bahl, the chief scientist at AI Proteins, a Boston startup using AlphaFold to help develop drugs. "AlphaFold, amazing as it, is just the beginning," Demis Hassabis, the CEO of DeepMind, said on a podcast last year. AlphaFold2 was built with far more biological and physics knowledge of proteins, Jumper said. Next uses will be 'progressively harder' as DeepMind stays secretive on its future workJohn Jumper, a senior staff research scientist at DeepMind who helped develop AlphaFold. "But AI will also continue to progress rapidly, and the folks at DeepMind are very good, so I'm optimistic."

☆ Risk now has a price in the market, says Eaton Vance’s Aaron Dunn
▼ + stars: | 2023-02-28 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRisk now has a price in the market, says Eaton Vance’s Aaron DunnEaton Vance’s Aaron Dunn and Cresset Capital’s Jack Ablin join 'Closing Bell: Overtime' to discuss current market trends and their outlook heading into March.

☆ Watch CNBC’s full post-market discussion with Eaton Vance’s Aaron Dunn and Cresset Capital’s Jack Ablin
▼ + stars: | 2023-02-28 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full post-market discussion with Eaton Vance’s Aaron Dunn and Cresset Capital’s Jack AblinEaton Vance’s Aaron Dunn and Cresset Capital’s Jack Ablin join 'Closing Bell: Overtime' to discuss current market trends and their outlook as well as earnings after the bell.

☆ NHL roundup: Wild's Kirill Kaprizov caps hat trick in OT
▼ + stars: | 2023-02-27 | by ( ) www.reuters.com time to read: +6 min

Sabers 7, Capitals 4Dylan Cozens delivered his first career hat trick, and Buffalo defeated visiting Washington. Vinnie Hinostroza had a goal and an assist for Buffalo, while Cozens added an assist for the first four-point game of his career. T.J. Oshie scored his fourth goal in three games and added an assist, and Dylan Strome had a goal and an assist. Nick Schmaltz had a goal and an assist, and Shayne Gostisbehere also scored a goal for Arizona. Trocheck added an assist, and Mika Zibanejad and Artemi Panarin each had a goal and an assist.

☆ NBA roundup: Jayson Tatum sends Celtics past 76ers
▼ + stars: | 2023-02-26 | by ( ) www.reuters.com time to read: +6 min

Jaylen Brown led the Celtics with 26 points, Tatum added 18 points, 13 rebounds and six assists and Derrick White had 18 points. Gary Trent Jr. added 19 points for the Raptors, who have won four in a row for the first time this season. Tyrese Haliburton added 15 points and 14 assists, and Andrew Nembhard scored 13 points. LaMelo Ball had 19 points and 13 assists, Kelly Oubre Jr. and Dennis Smith Jr. both supplied 15 points and Terry Rozier finished with 14 points. Bam Adebayo had 14 points and Kevin Love posted 13 points and 13 rebounds for the Heat, who shot 40 percent from the field.

☆ New images offer rare glimpse of the DMZ between North and South Korea where wild animals find peace and flourish
▼ + stars: | 2023-02-26 | by ( Isobel Van Hagen | ) www.businessinsider.com time to read: +3 min

New images were released showing a "wildlife sanctuary" in Korea's demilitarized zone (DMZ). The project marks 70 years since the Korean armistice agreement split the nation between North and South. Photographs show many rare flowers and endangered animals living in the area. "After the Korean War, the DMZ had minimal human interference for over 70 years, and the damaged nature recovered on its own," the site said. The DMZ is home to plants and animals "completely unique to Korea" — 38% of which are endangered, Google said on the project site.

☆ Continuing Sanctions Against Russia Mark ‘Tectonic’ Shift
▼ + stars: | 2023-02-24 | by ( Richard Vanderford | ) www.wsj.com time to read: +7 min

Hundreds of companies, though, decamped, calculating that the looming threat of sanctions ratcheting up and reputational risk warranted an exit. Prof. Sonnenfeld and Mr. Tannebaum both have been personally sanctioned by Russia, which has accused critics of engaging in a “Russophobic” campaign. “Countries continue to rely on those tools for foreign policy. The Russia sanctions have functioned as a “wake-up call” to the C-suite, Mr. Smith said. The use of coordinated sanctions, both in Russia and as a broader foreign policy tool, doesn’t seem to be going away, experts agreed.

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