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Of the various potential rulings possible in the case involving the abortion pill mifepristone, either of those outcomes would be unprecedented judicial intervention in the agency's regulatory process. Some of the FDA's options could be politically and legally risky both for the agency and mifepristone suppliers, they said. The FDA said the pill was deemed safe after extensive studies and use, and that the challenge comes much too late. Under FDA statutes and regulations, drug approval withdrawal generally begins with an informal hearing, which can entail extensive document preparation and the convening of an advisory committee. Overseas provider Aid Access, an Austria-based service that ships abortion medication to U.S. patients, said it would continue providing the pill no matter how the FDA responds.
WASHINGTON, March 22 (Reuters) - The U.S. Supreme Court on Wednesday is set to hear a trademark clash between Jack Daniel's and a dog accessory company behind a parody chew toy resembling the distiller's widely recognized black-label whiskey bottle. The dispute pits the whiskey brand's trademark rights against legal protections for creative expression - in this case a send-up by Phoenix-based VIP Products LLC of Jack Daniel's Old No. A 2,300-strong group of authors took the opposite view, saying a win for Jack Daniel's could lead to a "catastrophic chilling effect" over worries that creative expression might spark litigation. The 9th Circuit said the Bad Spaniels toy was an "expressive work" and thus potentially shielded under the First Amendment from Jack Daniel's trademark infringement claim. President Joe Biden's administration supports Jack Daniel's appeal.
March 21 (Reuters) - The U.S. International Trade Commission said on Tuesday it would ban imports of SharkNinja Operating LLC robot vacuums that infringe a patent owned by Roomba maker iRobot Corp (IRBT.O). The full commission upheld part of a trade judge's October decision that SharkNinja violated two of its rival's patents, affirming that SharkNinja's devices mimicked iRobot navigation technology. Bedford, Massachusetts-based iRobot filed the ITC complaint in 2021 along with a lawsuit against SharkNinja in Boston federal court. Another patent lawsuit iRobot brought against SharkNinja in 2019 has also been paused during related proceedings at the U.S. Patent and Trademark Office. The ITC case is In the Matter of Certain Robotic Floor Cleaning Devices and Components Thereof, U.S. International Trade Commission, No.
Jack Daniel's Properties Inc is owned by Louisville, Kentucky-based Brown-Forman Corp (BFb.N). "I'm concerned about the First Amendment implications of your position," conservative Justice Samuel Alito told an attorney for Jack Daniel's, referring to the constitutional provision enshrining free-speech protections. "Could any reasonable person think that Jack Daniel's had approved this use of the mark?" Jack Daniel's also contested a finding by the San Francisco-based 9th U.S. "This is a standard commercial product," Kagan told a lawyer for VIP Products, Bennett Cooper.
US declines to force lower price on cancer drug Xtandi
  + stars: | 2023-03-21 | by ( ) www.reuters.com   time to read: +2 min
WASHINGTON, March 21 (Reuters) - The U.S. government will not force Pfizer Inc (PFE.N) and Astellas Pharma Inc (4503.T) to lower the price of their prostate cancer drug Xtandi using its emergency "march-in" authority, the National Institutes of Health (NIH) said on Tuesday. Patient group the Union for Affordable Cancer Treatment first filed a petition calling on the NIH to use its authority to lower the drug's price in March 2016. The NIH said in a letter made public on Tuesday that its analyses in response to the petition found the prostate cancer treatment was widely available. "NIH does not believe that use of the march-in authority would be an effective means of lowering the price of the drug," the letter said. Progressive lawmakers in the Democratic Party have been calling on President Joe Biden's administration to use its march-in authority to lower drug prices.
WASHINGTON, March 21 (Reuters) - The Republican chairman of the U.S. House of Representatives Foreign Affairs Committee threatened to issue a subpoena if the State Department does not produce documents it has requested related to the August 2021 U.S. withdrawal from Afghanistan, the committee said on Tuesday. Representative Michael McCaul sent a letter to Secretary of State Antony Blinken requesting the information before Blinken's testimony to the committee on Thursday. Blinken is due to testify to congressional committees in both the Senate and House this week. Republicans have launched a series of investigations of Democratic President Joe Biden's administration since they took control of the House in January. Reporting by Patricia Zengerle, additional reporting by Simon Lewis; editing by Jonathan Oatis and Sandra MalerOur Standards: The Thomson Reuters Trust Principles.
In January, the U.S. pledged to supply Ukraine with 31 advanced M1A2 Abrams tanks after months of shunning the idea of deploying the difficult-to-maintain tanks to Ukraine, which was invaded by Russia in February 2022. The new plan would give Ukraine the M1A1 SA Abrams tank variant, which can run on diesel fuel like the majority of the Ukrainian fleet, one of the officials said. US soldiers stand with Polish and US flags near M1/A2 Abrams tank outside a hall of 30th International Defence Industry Exhibition in Kielce, Poland September 5, 2022. The General Dynamics Corp (GD.N) production line is currently completing about 12 Abrams tanks a month. The M1A2 tanks would be sourced from government owned "hulls" and refurbished specifically for Ukraine, Ryder said.
WASHINGTON, March 20 (Reuters) - The U.S. Supreme Court should dismiss a major case from North Carolina that could give more power over federal elections to state politicians because the matter is being reconsidered by a lower court, North Carolina said in a filing on Monday, while the Republican lawmakers at the center of the dispute disagreed. The case began as a legal fight over a map drawn by Republican state legislators of North Carolina's 14 U.S. House of Representatives districts - one that a lower court blocked as unlawfully disadvantageous for Democrats. The justices should "dismiss this case for lack of jurisdiction" given that the "decisions on review are nonfinal," the state said. The Republican lawmakers had urged the U.S. Supreme Court to embrace a once-marginal legal theory now embraced by many conservatives that would remove any role of state courts and state constitutions in regulating presidential and congressional elections. Since its decision invalidating the map, the state court has undergone a change in its ideological makeup.
Some companies have expressed concern that a ruling against Jack Daniel's would weaken their control over their brands and reputations. The toy mimics Lynchburg, Tennessee-based Jack Daniel's famous whiskey bottles with humorous dog-themed alterations - replacing "Old No. "Jack Daniel's loves dogs and appreciates a good joke as much as anyone," the company told the justices in a brief. "But Jack Daniel's likes its customers even more, and doesn't want them confused or associating its fine whiskey with dog poop." VIP Products has said a ruling favoring Jack Daniel's would make it easier for trademark owners to stifle free speech.
March 19 (Reuters) - Talks over rescuing Credit Suisse (CSGN.S) rolled into Sunday as UBS AG (UBSG.S) sought $6 billion from the Swiss government to cover costs if it were to buy its struggling rival, a person with knowledge of the talks said. The guarantees UBS is seeking would cover the cost of winding down parts of Credit Suisse and potential litigation charges, two people told Reuters. Credit Suisse, UBS and the Swiss government declined to comment. U.S. President Joe Biden's administration moved to backstop consumer deposits while the Swiss central bank lent billions to Credit Suisse to stabilise its shaky balance sheet. There were multiple reports of interest for Credit Suisse from other rivals.
The $6 billion in government guarantees UBS is seeking would cover the cost of winding down parts of Credit Suisse and potential litigation charges, two people told Reuters. One of the sources cautioned that the talks to resolve the crisis of confidence in Credit Suisse are encountering significant obstacles, and 10,000 jobs may have to be cut if the two banks combine. Credit Suisse, UBS and the Swiss government declined to comment. U.S. President Joe Biden's administration moved to backstop consumer deposits while the Swiss central bank lent billions to Credit Suisse to stabilize its shaky balance sheet. UBS was under pressure from the Swiss authorities to carry out a takeover of its local rival to get the crisis under control, two people with knowledge of the matter said.
Factbox: Chipmakers' plans for factories in Europe, US and Asia
  + stars: | 2023-03-17 | by ( ) www.reuters.com   time to read: +1 min
[1/3] The logo of semiconductor manufacturer Infineon is seen in Villach, Austria, June 3, 2018. The European Commission has earmarked 15 billion euros for public and private semiconductor projects by 2030, while U.S. President Joe Biden's administration passed the CHIPS Act last year to make over $52-billion worth of subsidies available for the American semiconductor industry. The Act deters companies using U.S. funds from undertaking any big expansions of overseas semiconductor manufacturing facilities in "countries of concern" such as China for 10 years, with some exceptions. India, Taiwan and South Korea have also offered incentives such as tax breaks to boost domestic chip production. Below are some of the chipmakers' plans for factories in Europe, North America and Asia:NORTH AMERICAEUROPEASIAReporting by Antonis Pothitos in Gdansk, Tiyashi Datta, Chavi Mehta and Aditya Soni in Bengaluru; editing by Josephine Mason, Mark Potter and Krishna Chandra EluriOur Standards: The Thomson Reuters Trust Principles.
[1/2] U.S. Supreme Court Justice Ruth Bader Ginsburg delivers remarks during a discussion hosted by the Georgetown University Law Center in Washington, D.C., U.S., September 12, 2019. A rare meeting of the Supreme Court Bar, comprised of attorneys admitted to practice law before the court, featured speeches from people who worked closely with Ginsburg including U.S. Trump also appointed conservative Justices Neil Gorsuch in 2017 and Brett Kavanaugh in 2018. Appointed to the Supreme Court by Democratic President Bill Clinton in 1993, she provided key votes in landmark rulings securing equal rights for women, expanding gay rights and safeguarding abortion rights. Ginsburg was the second woman ever named to the court, after Justice Sandra Day O'Connor.
Morning Bid: Swiss lifeline, ECB dilemma
  + stars: | 2023-03-16 | by ( ) www.reuters.com   time to read: +6 min
The Swiss lender said it would exercise an option to borrow from its central bank up to 50 billion Swiss francs ($54 billion). That followed assurances from Swiss authorities on Wednesday the country's second largest bank met "the capital and liquidity requirements imposed on systemically important banks". Policymakers and regulators across Europe and Asia rushed to reassure the public and markets that banks in their jurisdictions were safe and well-capitalised. Like other central banks, the ECB has been raising interest rates rapidly to curb inflation and has since July tightened credit at its fastest pace on record. As it stands, money markets now price an 80% chance the ECB will move tentatively and only hike by a quarter point to 2.75%.
Blinken brings aid and praise to Niger as it battles insurgents
  + stars: | 2023-03-16 | by ( ) www.reuters.com   time to read: +3 min
Blinken's visit to Niger, the first by a U.S. Secretary of State, signals its importance as a U.S. ally in the Sahel, a senior State Department official told reporters travelling with Blinken. Landlocked Niger and other countries in the Sahel, including its neighbours Mali, Burkina Faso, Nigeria and Chad, are all struggling to repel Islamist insurgents who in some cases have seized control of swathes of territory. The official praised Niger's President Mohamed Bazoum for opposing military coups in Mali and Burkina Faso and for consulting the parliament over security issues rather than deciding alone. Ghana has asserted that Burkina Faso has also hired Wagner mercenaries. "They use a lot of misinformation and disinformation to besmirch the French, I think, and the traditional French security partnership."
[1/2] Saudi Crown Prince Mohammed bin Salman attends an Arab summit with U.S. President Joe Biden (not seen), in Jeddah, Saudi Arabia, July 16, 2022. If the resolution passes, the administration must submit the report within 30 days, or all security assistance to the country automatically stops. After the report is received, the act stipulates that Congress may adopt a joint resolution terminating, restricting or continuing security assistance to that country. Aides said it was too soon to assess how the resolution would be received, but they hoped it would trigger a broader conversation about human rights. Murphy, long a vocal critic of the conflict in Yemen and Riyadh's record on human rights, praised Biden for being willing to reassess ties.
WASHINGTON, March 15 (Reuters) - Forty of the 100 U.S. senators co-sponsored a resolution on Wednesday urging a strong U.S. government response to any Chinese efforts to clamp down on dissent in Hong Kong, including the use of sanctions and other tools. The resolution is non-binding, but is intended to convey a strong sense that lawmakers are closely watching events in China and will respond. China imposed a national security law on Hong Kong in 2020 outlawing acts including subversion with up to life in prison. The law has been criticized by some Western governments as a tool to crush dissent, but the Chinese and Hong Kong governments say it has restored stability to the city after protracted pro-democracy protests in 2019. Reporting by Patricia Zengerle; Editing by Stephen CoatesOur Standards: The Thomson Reuters Trust Principles.
March 15 (Reuters) - A U.S. judge in Texas is set to hear arguments on Wednesday in a bid by anti-abortion groups to ban sales of the abortion pill mifepristone across the country, even in states where abortion is legal, as they challenge regulatory approval granted more than two decades ago. Twelve of the 50 states now ban abortion outright while some others prohibit it after a certain length of pregnancy, according to the Guttmacher Institute, a research organization that supports abortion rights. The judge cited death threats and harassment directed at the court during the case and a wish to avoid disruption. After appealing to the 5th Circuit, the losing side could seek to take the matter to the U.S. Supreme Court. Reporting by Brendan Pierson in New York; Editing by Will Dunham and Alexia GaramfalviOur Standards: The Thomson Reuters Trust Principles.
Stock markets have swooned around the world since Silicon Valley Bank collapsed on Friday as worried customers pulled their deposits. In a 2012 Reuters/Ipsos poll, only 20% of Republicans and 53% of Democrats said they supported bailouts. About half of respondents to the Reuters/Ipsos poll said they had heard at least a fair amount about Silicon Valley Bank's implosion. The Reuters/Ipsos poll showed broad bipartisan support for Washington backing bank deposits. The Reuters/Ipsos poll, conducted online, surveyed 1,004 people nationwide and had a credibility interval of about 4 percentage points in either direction.
Interior Secretary Deb Haaland addresses the Tribal Nations Summit from an auditorium on the White House campus in Washington, D.C., U.S. November 15, 2021. REUTERS/Jonathan ErnstMarch 14 (Reuters) - The Biden administration said on Tuesday it rescinded a land swap deal struck by former President Donald Trump's interior secretary that would have allowed a new road to cut through an Alaska wildlife refuge. In a statement, the Interior Department said Secretary Deb Haaland withdrew the 2019 land exchange deal between the agency and the Alaska native King Cove Corporation, but would be open to examining other proposals to replace it. Environmentalists have said a road would destroy valuable habitat for birds along Kinzarof Lagoon, and would set a dangerous precedent for other wildlife refuges. The deal set by Trump's Interior Secretary David Bernhardt in 2019 was particularly controversial because it left open the door to commercial use of the road.
Biden released a plan in August to reform income-driven repayment plans for student-loan borrowers. It also projected the more generous plan would lead to increased borrowing given the lower cost to take on debt. While Democratic lawmakers lauded the proposed improvements to IDR plans, Republican lawmakers criticized the proposal, along with its potential cost. Insider has previously reported that Biden's IDR reforms could keep borrowers in the same repayment cycle if it isn't implemented properly. "Under current IDR plans, most borrowers can expect to repay some or all their debt," the analysis said.
Representatives of the renewable energy sector say those goals could be missed without policy changes, especially as other countries are doing more to attract investment in green power. Rod Wood, managing director at wind energy developer Community Wind Power, is among those seeking changes to the EGL in Britain's March 15 budget. OIL AND GAS SECTOR UNHAPPY TOOOil and gas producers, which have been subject to a windfall tax since May 2022, also want change. Finance Minister Jeremy Hunt, in a meeting in December, rebuffed calls from the oil and gas industry to amend the windfall tax. Meanwhile, Britain's biggest oil and gas producer Harbour , has announced job cuts and shunned the latest licensing round.
Companies Conocophillips FollowWASHINGTON, March 13 (Reuters) - The oil industry on Monday cheered the U.S. government's greenlighting of ConocoPhillips' multibillion-dollar oil drilling project in Alaska's Arctic, but court challenges could mire the plans in further delays. President Joe Biden's administration approved a trimmed-down version of the $7 billion Willow project on federal lands in a pristine area on Alaska's north coast. Kristen Monsell, a senior attorney at the Center for Biological Diversity, another group involved in the previous suits, said Monday's approval for the Willow project is "still inadequate in numerous respects." Senator Dan Sullivan, a Republican from Alaska, told reporters the state's lawmakers are prepared to defend the decision against "frivolous" legal challenges. Even if Interior could beat back the oil company's challenge, it would probably only mean another delay for Willow, he said.
China also provided cover for Syria at the United Nations and kept up economic and political ties with Damascus. But as Iran's support helped Assad turn the tide, Saudi backing for the armed and political opposition has waned. Syria's foreign ministry welcomed the deal as an "important step" that could boost regional stability. In 2021, Saudi and other Arab Gulf states withdrew their ambassadors over what they said was Hezbollah's hold over the state. Seeking to de-escalate, the United Arab Emirates and Saudi began engaging directly with Iran.
Iran says deal reached with US for prisoner swap
  + stars: | 2023-03-12 | by ( Parisa Hafezi | ) www.reuters.com   time to read: +3 min
Some Iranian media reported last week that Iran had reached a prisoner swap deal in exchange for the release of $7 billion in frozen Iranian oil funds under U.S. sanctions in South Korea. In 2018, then-U.S. president Donald Trump ditched a 2015 nuclear deal between Iran and six powers and reimposed sanctions that have crippled the Islamic Republic's economy. The deal imposed restrictions on Iran's nuclear activities in exchange for lifting international sanctions. In reaction to Washington's sanctions, Tehran has gradually violated curbs of the pact on its nuclear programme. The deal imposed restrictions on Iran's nuclear activities in exchange for lifting international sanctions.
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