DIRS.INFO The most relevant business & tech news

☆ Lilly drug slows Alzheimer's by 60% for mildly impaired patients in trial
▼ + stars: | 2023-07-17 | by ( Deena Beasley | ) www.reuters.com time to read: +5 min

Lilly expects the U.S. Food and Drug Administration to decide by the end of this year whether to approve donanemab. The company had previously reported that 24% of the overall donanemab treatment group had brain swelling. The deaths of three trial patients were linked to the treatment, researchers reported. For high tau patients, donanemab was shown to slow disease progression by about 17%, while the benefit was 35% for those with low-to-intermediate tau levels. Both medications are also being studied in large trials to see if they have an impact on delaying onset of Alzheimer's disease symptoms.

Persons: Seth Gale, Brian Snyder, Eli Lilly, Anne White, Lilly, Susan Kohlhaas, Liana Apostolova, White, Liz Coulthard, donanemab, Deena Beasley, Ludwig Burger, Will Dunham, Bill Berkrot, Caroline Humer Organizations: Alzheimer Research, Brigham, Women’s, REUTERS, Alzheimer's Association International, U.S . Food, Drug Administration, Alzheimer’s Research, Indiana University School of Medicine, Doctors, University of Bristol, JAMA, FDA, Alzheimer's Association, Health Organization, New York Stock Exchange, Thomson Locations: Boston , Massachusetts, U.S, Amsterdam, Eisai

☆ Northeast flooding: 5 people were killed by raging floodwaters in southeastern Pennsylvania and 2 children are still missing
▼ + stars: | 2023-07-16 | by ( Christina Maxouris Lauren Mascarenhas Melissa Alonso Caitlin Kaiser | Christina Maxouris | Lauren Mascarenhas | ) edition.cnn.com time to read: +6 min

The children and their family, who were visiting from Charleston, South Carolina, were driving to a barbecue when they got stuck in flash flooding, Upper Makefield Fire Chief Tim Brewer said Sunday afternoon. Southeastern Pennsylvania was hit hard by heavy rain Saturday, less than a week after parts of the state had again faced flash flooding that deluged roadways and displaced dozens from their homes. “New York State is once again seeing significant rainfall & we are prepared to help communities respond,” Gov. Flash flood warnings were again in effect earlier Sunday in parts of the state, prompting officials to warn of potential landslides. “There are flash flood warnings throughout the state today.

Persons: Tim Brewer, “, Brewer, ” Brewer, ”, Norfolk PIO Jon Barbagallo, Kathy Hochul, ” Hochul, ” Long, Hochul, Kyle Mazza, Ned Lamont, John F, downpours, Hurricane Irene, Joe Biden, Jennifer Morrison, Phil Scott, Michael E, Mann Organizations: CNN, Authorities, Local, Empire State, “, York State, Twitter, New, New York City Emergency Management Department, Anadolu Agency, Bristol Firefighters Association, Connecticut Gov, National Weather Service, Boston Logan International Airport, LaGuardia, Newark Liberty International Airport, John, Kennedy International Airport, Federal Aviation Administration, Sunday, FEMA, ”, University of Pennsylvania, Southwestern Locations: Pennsylvania, Charleston , South Carolina, Bucks County, Upper Makefield, Southeastern Pennsylvania, New England, Vermont , New York, Massachusetts, Norfolk , Connecticut, Norfolk, New York, Connecticut, Empire, York, Waterbury , Connecticut, New York City, Suffolk County, Dutchess, Sullivan, New Jersey, Bristol, Boston, LaGuardia Airport, Vermont

☆ Telecom giant Charter is the most overbought stock on Wall Street. Here are the others
▼ + stars: | 2023-07-15 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

The S & P 500 gained 2.4% amid a better-than-expected inflation reading and the early innings of second-quarter earnings season. CNBC Pro screened the S & P 500 for stocks in overbought territory, based on their 14-day relative strength index. A 14-day RSI above 70 means a stock is overbought and could be due for a reversal. Here are the S & P 500 stocks currently in overbought territory: Charter Communications is the most overbought stock in the S & P 500, with a gain of 1% this week and an RSI reading exceeding 99. These are the most oversold names in the S & P 500: Hershey is the most oversold stock of the group, with an RSI of about 13.

Persons: Phillips, Baker Hughes, Johnson Organizations: CNBC Pro, Communications, Williams Companies, Phillips, Hershey, RSI, Humana, Myers Squibb, Pfizer, Johnson Locations: overbought, Bristol

London CNN —A rising number of British stores are using a facial recognition system powered by artificial intelligence to identify repeat shoplifters in what one human rights group has called the spread of “airport-style security” on the high street. Human rights groups say this type of technology flouts people’s right to privacy and often makes mistakes. Facewatch also retains shoppers’ data for only two weeks — half the amount of time a regular “CCTV” security camera in the UK typically stores footage. But Gordon is confident Facewatch’s system doesn’t have any bias and stresses that it is supported by human staff who’ve been trained in facial recognition. Last month, the European Parliament agreed to ban the use of real-time, AI-powered facial recognition technology in public spaces.

Persons: Simon Gordon, “ We’re, ”, Stephen Bell, ” Gordon, flouts, Madeleine Stone, ’ Gordon, “, Facewatch, Stone that’s, you’re, Gordon, who’ve, They’re, Stone, Suzie Howell Organizations: London CNN, CNN, Big Brother Watch, “, British Retail Consortium, Big Brother, New York Times Locations: “, United Kingdom, England, Wales, Northern Ireland, United States, Bristol

☆ People are trashing a budget airline and saying it put them up in 'disgusting' cockroach-infested hotel rooms in Cyprus and Spain after their flights were canceled
▼ + stars: | 2023-07-14 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +4 min

The UK-based budget airline canceled 1,700 flights between July and September, per Reuters. Disgruntled passengers stranded by a budget airline's flight cancellations are blasting the "disgusting" hotels the carrier put them in. Of the 90,000 flights scheduled for the rest of July and August, British budget airline EasyJet has canceled around 1,700 flights, predominantly from London's Gatwick airport, Reuters reported on Monday. Twitter user @angeldelight28 shared pictures of the hotel room she said EasyJet had put her up in after her flight to Liverpool was canceled, leaving her stranded in Larnaca, Cyprus. The pictures showed a barebones hotel room with unidentified stains over the patio and bathroom floors.

Persons: EasyJet, Clare, Zoe Wright, Mark Buntin, Insider's Hannah Towey, honeymoons Organizations: Morning, EasyJet, Reuters, Twitter, Liverpool, Daily, Sky News, Gatwick Locations: EasyJet, London's Gatwick, Larnaca, Cyprus, lanzarote, Bristol, Luton, Dalaman, Turkey, Europe, Russia, Ukraine, Amsterdam's

☆ These 10 states are running America's best economies for residents
▼ + stars: | 2023-07-13 | by ( Scott Cohn | ) www.cnbc.com time to read: +8 min

To determine which states have the best economy, we look at overall economic growth and annual job growth on a percentage basis, as well as the health of state finances. We measure the breadth of each state's economy by looking at how many major corporations are headquartered there. IndianaWhile the Hoosier State's economy is hardly a barnburner, Indiana offers stability. The state's debt rating is solid. UtahThe Beehive State's economy just keeps buzzing.

Persons: Christina, Dupont De Nemours, Incyte Carlos Hernandez, Eileen T, Meslar, Eli Lilly, Kyle Green, Lucas Jackson, George Frey, Zions, Tim Aeppel, —, Justin Sullivan, Lindsey Nicholson, Matthew Busch, payrolls, Jim Watson Organizations: Companies, Business, Getty, Bureau, AAA, Reuters, Indiana, Hoosier, Federal Housing Finance Agency, National Association of Realtors, Simon Property, Bloomberg, Gem, Data Solutions, Micron Technology, Lamb Weston Holdings, South, South Carolina, Union Pacific, Automotive Designs, . Tennessee The Volunteer State, Headquarters, FedEx, Tractor, Delta Airlines, Peach State, Assurant, Intercontinental Exchange, Universal, North, Bank of America, Duke Energy, Just Energy Group, Texas, Lone Star State, Oracle, Tesla, AFP Locations: U.S, States, Wilmington , Delaware, Delaware, Middlebury , Indiana, , Indiana, CBH, Calvary Springs, Nampa , Idaho, Idaho, California, York County , South Carolina, South Carolina, Palmetto, South, Salt Lake City , Utah, Utah, Bristol , Indiana, Tennessee, Alpharetta , Georgia, Georgia, Denver , North Carolina, North Carolina, Houston , Texas, The Texas, Texas, New York, Miami , Florida, Florida

☆ Chamber of Commerce asks judge to block Medicare drug price negotiations before October
▼ + stars: | 2023-07-12 | by ( Spencer Kimball | ) www.cnbc.com time to read: +3 min

The U.S. Chamber of Commerce on Wednesday asked a federal judge in Ohio to block Medicare's new powers to negotiate drug prices before Oct. 1. They argued that the drug negotiations violate the First and Fifth Amendments of the U.S. Constitution, as well as the separation of powers. The Chamber asked Judge Thomas Rose on Wednesday to block the negotiations before they get under way because they violate the due process clause. Drugmaker Abbvie , a member of the U.S. Chamber and the Dayton, Ohio area chamber, fears that its blood cancer drug Imbruvica will be selected for the negotiations this fall. The Medicare drug price negotiations do not provide these safeguards and impose price caps that are well below a drug's market value, the chamber's lawyers said.

Persons: Xavier Becerra, Drugmakers, Judge Thomas Rose, Drugmaker, Engler, Michael Staff Organizations: U.S . Chamber, Washington , D.C, Commerce, Wednesday, Medicare, Human Services, Constitution, HHS, Sixth Circuit, Appeals, Michigan Bell Telephone Co, Companies, Staff, Merck, Bristol Myers Squibb, Pharmaceutical Research, Manufacturers of America, U.S Locations: Washington ,, Ohio, Dayton , Ohio, Michigan, U.S

☆ How often should you poop?
▼ + stars: | 2023-07-12 | by ( Kristen Rogers | ) edition.cnn.com time to read: +6 min

CNN —Everyone poops, but it turns out we don’t all need to poop every day. It’s helpful to know what your poop looks like in addition to just how often you poop. But if you’re excessively straining when trying to poop or feeling like you haven’t totally emptied your bowel, you may need to make changes to either poop more often or have healthier stool quality, experts said. But if we’re stressed, hormones and nervous system changes can prevent poop from moving toward the rectum, resulting in constipation. But don’t delay — the right time to poop is when you’re feeling the urge to do so, experts said.

Persons: Folasade, “, ’ ”, Michael Camilleri, ”, Trisha Pasricha, ” Camilleri, you’re, Pasricha, May, Camilleri, —, we’re Organizations: CNN, David Geffen School of Medicine, University of California, gastroenterology, hepatology, Mayo Clinic, Massachusetts General Hospital, Harvard Medical School, Food and Drug Administration, kiwis Locations: Los Angeles, Minnesota, Massachusetts

☆ Farmers Insurance pulls out of Florida, affecting 100,000 policyholders
▼ + stars: | 2023-07-12 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +3 min

New York CNN —Farmers Insurance will stop offering its policies in Florida, including home, auto and umbrella policies, in a change that will force thousands of people to change their insurance provider. Farmers serves 100,000 customers in Florida but said there will be no impact to customers who use Farmers’ owned subsidiaries like Foremost Signature and Bristol West. “Such policies will continue to be available to serve the insurance needs of Floridians,” Farmers Insurance spokesperson Trevor Chapman said in a statement. Florida requires affected policyholders to receive a 120-day notice that their policies aren’t being renewed. Earlier this week, Farmers limited new homeowners insurance policies in California because of high costs and wildfire risks.

Persons: Trevor Chapman, don’t, aren’t, ” Mark Friedlander, ” Friedlander, hasn’t, ”, Friedlander, It’s, Hurricane Ian, Harvey Organizations: New, New York CNN — Farmers Insurance, Farmers, Bristol West, ” Farmers Insurance, ”, Insurance Information Institute, CNN, Insurance, Institute, Atlantic, National Oceanic, Atmospheric Administration, NOAA, Farm, Allstate Locations: New York, Florida, California

☆ Vivek Ramaswamy Leans Into His Hindu Faith to Court Christian Voters
▼ + stars: | 2023-07-09 | by ( Ruth Graham | More About Ruth Graham | ) www.nytimes.com time to read: +1 min

Mr. Smith was intrigued. He liked the way Mr. Ramaswamy “stands up against the wokeness” and his plan to send the military to the southern border to combat drug cartels. He respected Mr. Ramaswamy’s acumen as a businessman worth hundreds of millions of dollars. Then Mr. Smith, 25, searched for Mr. Ramaswamy’s faith. Mr. Smith is an evangelical Christian who recently started a small church that meets at his parents’ house.

Persons: Bristol Smith, Vivek Ramaswamy’s, Ramaswamy, Smith, Ramaswamy “, Christian, ’, “, ”, Trump’s, Mr Organizations: Christian, Republican Locations: Maryville, Tenn

☆ Pioneer, Bristol-Myers and more: CNBC's 'Halftime Report' traders answer your questions
▼ + stars: | 2023-07-06 | by ( Joshua Natoli | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPioneer, Bristol-Myers and more: CNBC's 'Halftime Report' traders answer your questionsCNBC's Halftime traders Sarat Sethi of DCLA, Joe Terranova of Virtus Investment Partners and Amy Raskin of Chevy Chase Trust answer investment-related questions from CNBC Pro subscribers. Look out for an email where you can submit your questions directly to the Halftime team.

Persons: Myers, Sarat Sethi, DCLA, Joe Terranova, Amy Raskin Organizations: Virtus Investment Partners, Chevy Chase Trust, CNBC Pro Locations: Bristol

☆ Pioneer, Bristol-Myers Squibb and more: CNBC's 'Halftime Report' traders answer your questions
▼ + stars: | 2023-07-06 | by ( Joshua Natoli | ) www.cnbc.com time to read: 1 min

On Thursday's "Ask Halftime," traders answered questions from CNBC Pro subscribers about which stocks, bonds and funds to buy, hold or sell. Sarat Sethi of DCLA shared why he thinks Pioneer Natural Resources is "part of a core portfolio." Virtus Investment Partners' Joe Terranova listed several health-care stocks that could outperform Bristol-Myers Squibb in the sector. Finally, Amy Raskin of Chevy Chase Trust explained why now is a good time to buy bonds.

Persons: Sarat Sethi, DCLA, Joe Terranova, Amy Raskin Organizations: CNBC Pro, Resources, Investment Partners, Bristol, Myers Squibb, Chevy Chase Trust

☆ NHS at 75: Vintage photos document the birth of free healthcare in Britain
▼ + stars: | 2023-07-05 | by ( Oscar Holland | ) edition.cnn.com time to read: +3 min

Published ahead of this week’s anniversary, new book “The NHS” brings together over 100 photos from the service’s early decades. A patient with a chest specialist at a Bristol health center inspect a chest X-ray in July 1948, the month the NHS launched. Popperfoto/Getty ImagesNurses cradle the first babies to be born under the new National Health Service on 5th July 1948. Had they been born a day earlier, they would have cost their families one shilling and sixpence, according to new book "The NHS." The postwar decades saw the NHS recruit heavily from Commonwealth and Caribbean countries to meet a shortfall in nursing staff.

Persons: ”, Lucy Davies, Sydney O'Meara, Frederick West, Britain's, Aneurin Bevan, Popperfoto, Chris Porsz, George W, Hales Organizations: CNN, National Health Service, Hoxton Mini Press, NHS, Getty, St Thomas ' Hospital, Heritage, Partnership, Nurses, Hulton, National Heart Hospital, Rolls Press, Brook General Hospital ,, British Drug Houses, Trinity, Walsgrave Hospital Locations: Britain, Bristol, London, Brook General Hospital , London, Commonwealth, Caribbean, Coventry

☆ The average employee goes into the office less than twice a week. Here's what your business can do to help remote workers succeed.
▼ + stars: | 2023-07-05 | by ( Sponsor Post | Created Insider Studios With Intel | ) www.businessinsider.com time to read: +7 min

Employees today go into the office an average of 1.4 times per week, according to a study from the Advanced Workplace Association. Below are a few considerations to help you support your hybrid workforce with the PC technology they need to succeed. Intel vPro Enterprise for Windows OS allows IT teams remote access even when the device is turned off or the operating system isn't working. University Hospitals Bristol and Weston NHS Foundation Trust, for example, began upgrading to Intel vPro technology in 2020. Learn more about how Intel vPro can help you meet the needs of your hybrid workforce.

Persons: Forrester, weren't Organizations: Advanced Workplace Association, Intel, IT, Employees, Forrester Consulting, Intel vPro Enterprise, Windows, Tech, University Hospitals Bristol, Weston, Foundation Trust, Insider Studios, Intel Corporation Locations: Europe, Israel, Malaysia

June 30 (Reuters) - The U.S. government on Friday revised its guidance for its Medicare drug price negotiation process, allowing drug companies to publicly discuss the talks, but did not make major changes likely to convince drugmakers to end their suits seeking to halt the program. In September, the U.S. Centers for Medicare and Medicaid Services (CMS) will select 10 of the Medicare program's costliest prescription medicines and negotiate price cuts to go into effect for 2026. That guidance precluded drug makers from talking about the negotiations and required them to eventually destroy data received from CMS. Industry group the Pharmaceutical Research and Manufacturers of America (PhRMA) made an additional claim that the price negotiation program violates the U.S. Constitution's Eight Amendment, which protects against excessive fines. The Biden administration's drug pricing reform aims to save $25 billion annually by 2031 through price negotiations for the drugs most costly to Medicare.

Persons: drugmakers, Joe Biden, Chiquita Brooks, LaSure, Bristol Myers, Merck, PhRMA, Tahir Amin, Amin, Michael Erman, Mark Potter, Nick Zieminski Organizations: U.S, U.S . Centers, Medicare, Medicaid Services, Merck & Co, Bristol Myers Squibb, U.S . Chamber of Commerce, CMS, Merck, Bristol, Industry, Pharmaceutical Research, Manufacturers of America, Reuters, Initiative for Medicines, Biden, Thomson Locations: U.S

☆ You Really Are a Tick Magnet
▼ + stars: | 2023-06-30 | by ( Darren Incorvaia | ) www.nytimes.com time to read: +1 min

The tiny arachnids spread a variety of harmful diseases, as they expand their range to new areas. But two scientists recently set out on a counterintuitive mission to collect as many bloodsucking ticks as possible. Dr. Lihou is a veterinary parasitologist who studies ticks, and Dr. England is an ecologist who studies electricity and electroreception. The resulting paper, published Friday in the journal Current Biology, provides a new reason to worry about ticks. While the finding may add to ticks’ terrifying attributes, this knowledge could also be used to improve antistatic tick defenses.

Persons: ” Sam England, Katie L, Lihou Organizations: University of Bristol Locations: Berlin, England

☆ Medicare will allow pharmaceutical companies to publicly discuss drug price negotiations
▼ + stars: | 2023-06-30 | by ( Spencer Kimball | ) www.cnbc.com time to read: +3 min

Medicare on Friday said it will allow pharmaceutical companies to publicly discuss the program's historic drug price negotiations, dropping a confidentiality requirement that the industry argued violated the First Amendment in lawsuits filed this month. It also required companies to destroy any information within 30 days if the drug is no longer selected for negotiations. The Inflation Reduction Act, passed last year, empowered Medicare to directly negotiate with pharmaceutical companies over prices for the first time. "Pharmaceutical companies have made record profits for decades," Becerra said in a statement. "Now they're lining up to block this Administration's work to negotiate for better drug prices for our families.

Persons: Kathy Hochuls, Biden, Bristol Myers Squibb, Xavier Becerra, Becerra Organizations: Medicare, U.S . Merck, U.S . Chamber of Commerce, Bristol Myers Squibb, Pharmaceutical Research, Manufacturers, America, Merck, Bristol, U.S . Constitution, Health, Human Services, Pharmaceutical Locations: U.S, U.S .

☆ This German drug stock can rally more than 40% thanks to its A.I. potential, Morgan Stanley says
▼ + stars: | 2023-06-23 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Morgan Stanley thinks little-known drug developer Evotec could benefit from artificial intelligence advancements in Europe and new collaborations with peer companies. EVO YTD mountain Evotec SE stock has surged 40% from the start of the year. Meanwhile, a security breach in April did little to caution Quigley away from the stock. The analyst highlighted the company's potential to better use AI to aid in drug development in the future, as well as partnerships with big pharma names. "A number of Pharma companies are investing in internal AI/ML efforts," he added.

Persons: Morgan Stanley, Morgan Stanley's, James Quigley, Quigley, Evotec, Eli Lilly, — CNBC's Michael Bloom Organizations: pharma, Merck & Co, Bristol Myers Squibb, Novo Nordisk Locations: Europe, Germany

☆ One Year, 61 Clinics: How Dobbs Changed the Abortion Landscape
▼ + stars: | 2023-06-22 | by ( Allison Mccann | Amy Schoenfeld Walker | ) www.nytimes.com time to read: +18 min

One Year, 61 Clinics: How Dobbs Changed the Abortion LandscapeIn the year since Roe fell, 20 states enacted laws banning or restricting abortion, forcing a rapid shift in the country’s patchwork of abortion access. Hawaii A map showing the locations of abortion providers that have closed, stopped offering abortion services or opened a new location. Gabriela Bhaskar/The New York Times Emily Kask for The New York Times Emily Kask for The New York Times Emily Kask for The New York Times A year ago, the Jackson clinic was the last one standing in Mississippi. Kendrick Brinson for The New York Times Kendrick Brinson for The New York Times Kendrick Brinson for The New York Times Kendrick Brinson for The New York Times Terreisha Rancher, 26, recently sat in an exam room at the West Alabama Women’s Center in Tuscaloosa, pregnant and uninsured. No abortions Austin, Texas Closed Houston No abortions Madison, Wis. No abortions Memphis A grid of photos of abortion clinics in nine locations.

Persons: Roe, Wade, Dobbs, he’s, Mary Mathis, Kendrick Brinson, Madeleine Hordinski, Mo ., Gabriela Bhaskar, New York Times Emily Kask, The New York Times Emily Kask, Jackson, “ Hunt ”, David Carpenter, “, ”, Carpenter wasn’t, Kathaleen Pittman, Emily Kask, Ms, Pittman, The New York Times Madeleine Hordinski, The New York Times Diane Derzis, Diane Derzis, Derzis, Louis, Doug Lane, “ It’s, hasn’t, Josefina Montoya, Dr, Darin Weyhrich, Weyhrich, Sarah Anne Miller, The New York Times “, you’re, The New York Times Kendrick Brinson, Leah Torres, Yashica Robinson, Dalton Johnson, Alabama’s, Robinson, Verónica, The New York Times Verónica, Yolanda Chapa, Derlis Garcia, Bekki Vaden, Jessica Tezak, “ I’ve, Vaden Organizations: The New York Times, Walmart, Physicians, Ore, Neb . Ohio Ind, Ill . Utah W.Va, Miss . Ala . Texas La, Alaska Fla, Jackson, Health Organization, New York Times, Milwaukee, Dallas, Fort, Fort Worth ., San Antonio, Indianapolis, Houston, Alabama Women’s, El Paso, OB, West Alabama Women’s, Medicaid, “, ”, McAllen Pregnancy, Okla, Antonio Locations: Milwaukee, CeeJ, Montgomery, Ala, Bristol, Tenn, Va, Mont, N.D, Vt, Minn, N.H . Idaho, Wis, N.Y, Wyo, Pa . Iowa, Neb . Ohio, Del . Md, Ill . Utah, Colo . Calif, Mo, Mo . Kan, Ky, N.C, Ariz, ., Miss . Ala . Texas, Alaska, Hawaii, New Mexico, Texas, N.H . Idaho S.D, Mass, Conn, R.I . Mich, Nev . Ohio, Kan, Miss . Ala ., New Mexico . Texas, Fla, In Texas, Alaska Hawaii, Texas La, Alaska Fla, Dobbs, Mississippi, Birmingham, Charleston, W.Va, Savannah, Ga, Antonio, Worth, Dallas ; Savannah , Georgia, Fort Worth, Birmingham , Alabama, Charleston , West Virginia, San Antonio, Shreveport, La, Florida, Louisiana, Tennessee, Virginia, Oklahoma, Baton Rouge, Juliet, Falls , Idaho, Orleans, Baton Rouge , Louisiana, New Orleans, Juliet , Tennessee, Indianapolis, St, Louis ; Oklahoma, Twin Falls , Idaho, Jackson, ”, Huntsville, Illinois, North Carolina, Flagstaff, McKinney , Texas, Austin, Waco, Bend, Houston, Flagstaff , Arizona, Rock , Arkansas, Austin , Texas, El Paso ; Houston ; Waco , Texas, West Bend , Wisconsin, Boise , Idaho, Tuscaloosa, Louisville, Tulsa, Okla, Meridian, Idaho, Memphis, Little Rock , Arkansas, Tulsa , Oklahoma, Meridian , Idaho, Louisville , Kentucky, Oklahoma City, Nashville, McAllen, Sioux, S.D, Madison, Sioux Falls , South Dakota, Madison , Wisconsin, Knoxville

GLASTONBURY, England, June 21 (Reuters) - Tens of thousands of music fans streamed into Worthy Farm in southwest England on Wednesday at the start of Glastonbury, the beloved music festival that will feature Elton John, Guns N' Roses and the Arctic Monkeys this weekend. Elated fans wore sun hats and lugged camping gear to the site of the world's biggest open-air arts and music festival, primed to witness hundreds of acts over five days culminating in British singer Elton John's last ever UK show on Sunday night. Heavy showers fell over the 900-acre grassy expanse of Glastonbury on Wednesday, although fans, many equipped with Wellington boots to wade through muddy fields, appeared undeterred. Glastonbury, founded by Michael Eavis 53 years ago, typically sells out before any headliners have been announced, given the strength of previous line-ups. "I've done a festival before but I've never managed to get my tickets here," said Glastonbury first-timer Hemmings.

Persons: Elton John, Elton John's, Yusuf, Cat Stevens, Blondie, Lizzo, Lil Nas, Lana Del Ray, Rick Astley, we've, Tom Hemmings, It's Elton John's, Alex Turner's laryngitis, Michael Eavis, I've, Glastonbury, Hemmings, Paul McCartney, Billie Eilish, Jason Cairnduff, Sachin Ravikumar, Alexandra Hudson Organizations: Glastonbury, Foo Fighters, Sheffield, Alexandra Hudson Our, Thomson Locations: GLASTONBURY, England, British, Glastonbury, Wellington, Bristol, Worthy, Ireland

☆ Pharmaceutical trade group sues Biden administration over Medicare drug price negotiations
▼ + stars: | 2023-06-21 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +2 min

The pharmaceutical industry's largest lobbying group and two other organizations Wednesday sued the Biden administration over Medicare's new powers to slash drug prices for seniors under the Inflation Reduction Act. Pharmaceutical Research and Manufacturers of America, along with the National Infusion Center Association and the Global Colon Cancer Association, argue that the Medicare negotiations with drugmakers violate the U.S. Constitution, in a complaint filed in federal district court in Texas. The groups asked the court to declare the program unconstitutional and prevent the Department of Health and Human Services from implementing Medicare negotiations without "adequate procedural protections" for drug manufacturers. It marks the fourth lawsuit challenging the controversial provision of the Inflation Reduction Act, which became law last summer in a major victory for President Joe Biden and Democratic lawmakers. The lawsuit also argues the policy violates due process by denying pharmaceutical companies and the public input on how Medicare negotiations will be implemented.

Persons: Eli Lilly, Johnson, Joe Biden, PhRMA —, drugmakers, Stephen Ubl, Ubl Organizations: New York Stock Exchange, Biden, Pharmaceutical Research, Manufacturers of America, National, Center Association, Global Colon Cancer Association, drugmakers, Constitution, Pfizer, Johnson, of Health, Human Services, HHS, Democratic, Merck, Bristol Myers Squibb —, U.S . Chamber of Commerce, PhRMA Locations: U.S, Texas

☆ Why investors pumped $100 million into a startup using microbial fungi to turn soil into a crucial tool in the fight against climate change
▼ + stars: | 2023-06-20 | by ( Tasmin Lockwood | ) www.businessinsider.com time to read: +8 min

The startup Loam Bio wants to use fungi to boost soil health and help keep carbon in the ground. But soil carbon is in a sorry state, in part due to current agricultural practices. There are different types of soil carbon; some decompose easily while others can take thousands of years to break down. The soil microbiome could also change to start breaking down the carbon that gets fixed in soil, Bailey added. "The most important thing is that we're really accurately measuring the carbon that we store in the soil," Hudson said.

Persons: Guy Hudson, Chris Sacca's, Hacking, It's, Hudson, Monique, Britt Koskella, Koskella, Andy Bailey, Bailey, we're, Chris Shafto, Dr Brooke Bruning, you've Organizations: Green Tech, Service, Australian, Lowercarbon Capital, Lowercarbon, UC Berkeley, University of Bristol Locations: Australia, Brazil

☆ Drugmakers aim to strike down Medicare drug-price negotiations at Supreme Court
▼ + stars: | 2023-06-20 | by ( Spencer Kimball | ) www.cnbc.com time to read: +10 min

And Bristol Myers Squibb is trying protect its blood thinner Eliquis, which brought in $11.8 billion in sales last year, or about 25% of the company's $46 billion total revenue for 2022. Long legal battle aheadMerck, the chamber and Bristol Myers Squibb filed their lawsuits ahead of two key deadlines. Bristol Myers Squibb did not either. If circuit court decisions on the matter contradict one another, the Supreme Court would step in to decide the issue, Bagby said. Bristol Myers Squibb made an identical argument in its complaint.

Persons: Richard A, Gonzalez, Pascal Soriot, Giovanni Caforio, Jennifer Taubert, Johnson, Kenneth C, Frazier, Albert Bourla, Olivier Brandicourt, Win Mcnamee, Drugmaker Merck, Drugmaker, Bristol Myers Squibb, PhRMA, Eli Lilly, Merck, Bristol Myers, Robin Feldman, Nicholas Bagley, Bagley, Gretchen Whitmer, Chris Meekins, Raymond James, Antonin Scalia, Brett Kavanaugh, Neil Gorsuch, Meekins, Long, Xavier Becerra, Randolph Daniel Moss, Barack Obama, Judge Thomas M, Rose, George W, Bush, Kelly Bagby, Bagby, Amgen, Donald Trump, Karine Jean, Pierre, Biden, Jean, we'll, Becerra, Feldman Organizations: Senate, AbbVie Inc, AstraZeneca, Myers Squibb Co, Janssen Pharmaceuticals, Johnson, Merck & Co, Inc, Pfizer, Sanofi, Getty, U.S . Chamber of Commerce, Bristol Myers Squibb, Washington , D.C, Southern, Southern District of, Democratic Party, U.S, Merck, Bristol, Pharmaceutical Research, Manufacturers of America, CNBC, Medicare, University of California College of, Justice Department, Michigan Gov, Bristol Myers, Human Services, Centers, Services, AARP Foundation, HHS, AARP, Specialty Pharmacy, Reuters, Supreme, Appeals, Democratic, U.S . Sixth, Republican, Third, White Locations: America, Washington , DC, Bristol, U.S, Washington ,, Southern District, Southern District of Ohio, New Jersey, Commerce's Dayton , Ohio, San Francisco

☆ Bristol Myers Squibb sues Biden administration over Medicare drug negotiations in third such lawsuit
▼ + stars: | 2023-06-16 | by ( Spencer Kimball | ) www.cnbc.com time to read: +1 min

Bristol Myers Squibb on Friday sued the Biden administration over Medicare's new powers to slash drug prices, the third such lawsuit to be filed against the program in a matter of days. The lawsuit filed in federal district court in New Jersey argues the Medicare negotiations violate the First and Fifth Amendments of the U.S. Constitution. Bristol Myers Squibb's arguments mirror those lodged last week by Merck , the first company to sue the federal government over the drug negotiations. The law is the central pillar in the Biden administration's efforts to control rising drug prices and was a major victory for the Democratic Party. Bristol Myers Squibb said its blood thinner Eliquis, used to treat clots and strokes, will be subject to the negotiations this year.

Persons: Bristol Myers Squibb, Bristol Myers, Biden Organizations: Bristol Myers Squibb, Biden, U.S . Constitution, Bristol, Human Services Department, Merck, U.S . Chamber of Commerce, HHS, Democratic Party Locations: New Jersey, U.S ., Eliquis

☆ The Sad Story Behind a Fossil’s ‘Grin’
▼ + stars: | 2023-06-16 | by ( Freda Kreier | ) www.nytimes.com time to read: +1 min

Before the dawn of the dinosaurs, the world belonged to reptiles called rhynchosaurs. They were the size of pigs and thrived all over the planet 225 million to 245 million years ago during the mid- and late Triassic Period. They may get overshadowed by the earliest dinosaurs, he suggests, although they make up 90 percent of vertebrate fossils in some Triassic digs. This highly unusual way of eating may have doomed rhynchosaurs as they reached old age. Unable to bite their food, these old rhynchosaurs may have starved to death, Dr. Benton said.

Persons: ”, Michael Benton, . Benton, rhynchosaurs, Benton Organizations: University of Bristol Locations: England

Search resuls for: "BRISTOL"

25 mentions found