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REUTERS/Brian Snyder/File Photo Acquire Licensing RightsNov 8 (Reuters) - Donald Trump's daughter Ivanka Trump is set to testify on Wednesday in a civil fraud trial that has exposed the inner workings of the former U.S. president’s business empire and threatens to strip him of prized New York properties. Judge Arthur Engoron has already ruled that the conduct amounts to fraud and is now considering what penalties to impose. Unlike her brothers, she did not oversee the Trump Organization during their father's 2017-2021 term in the White House. In a ruling that found Trump, his adult sons and 10 of his companies liable for fraud, Engoron described in scathing terms how the defendants made up valuations. Reporting by Jack Queen in New York; Editing by Andy Sullivan and Grant McCoolOur Standards: The Thomson Reuters Trust Principles.
Persons: Ivanka Trump, Donald Trump, Kelly Loeffler, Brian Snyder, Donald Trump's, Trump, Letitia James, Judge Arthur Engoron, James, Donald Jr, Eric Trump, Engoron, Joe Biden's, Biden, Jack Queen, Andy Sullivan, Grant McCool Organizations: White, Republican, REUTERS, New York, Trump Organization, Trump, Thomson Locations: Dalton , Georgia, U.S, New York
A sign stands outside a Bristol Myers Squibb facility in Cambridge, Massachusetts, U.S., May 20, 2021. REUTERS/Brian Snyder/File Photo Acquire Licensing RightsNov 6 (Reuters) - Bristol Myers Squibb (BMY.N) has acquired Orum Therapeutics' experimental therapy to treat a type of blood cancer for a total value of up to $180 million, the privately held company said on Monday. The therapy, ORM-6151, which helps degrade a specific protein hard to treat previously, has received the U.S. Food and Drug Administration's (FDA) clearance for an early stage study. The deal includes an upfront payment of $100 million and milestone payments, Orum said, without disclosing further details. Reporting by Khushi Mandowara in Bengaluru; Editing by Dhanya Ann Thoppil and Sriraj KalluvilaOur Standards: The Thomson Reuters Trust Principles.
Persons: Brian Snyder, Orum, Khushi, Dhanya Ann Thoppil Organizations: Bristol Myers Squibb, REUTERS, Orum Therapeutics, U.S . Food, Thomson Locations: Cambridge , Massachusetts, U.S, Bengaluru
Nonfarm payrolls increased by 150,000 jobs last month, the Labor Department's Bureau of Labor Statistics (BLS) said in its closely watched employment report on Friday. The economy needs to create roughly 100,000 jobs per month to keep up with growth in the working-age population. The report could strengthen financial market expectations that the Federal Reserve is done raising interest rates for the current cycle. The labor market is the major force behind the economy's staying power, with gross domestic product recording an annualized growth pace of nearly 5% in the third quarter. But others disagreed, saying that the record-setting contracts would only become an issue for wage inflation if the Fed raised rates too high and choked off demand.
Persons: Brian Snyder, Detroit's, Lucia Mutikani, Nick Zieminski Organizations: Taylor Party, Equipment Rentals, REUTERS, Rights, United Auto Workers, UAW, Labor Department's Bureau of Labor Statistics, Reuters, BLS, Federal, UPS, Thomson Locations: Somerville , Massachusetts, U.S
The anticipated moderation in employment growth last month would also be pay back after September's enormous gains, the largest in eight months. The Labor Department's closely watched employment report on Friday is expected to show labor market conditions steadily easing, with annual wage growth the smallest in nearly 2-1/2 years and significant growth in the supply of workers. Manufacturing payrolls are forecast falling 10,000 after advancing 17,000 in September. Last week, the BLS reported at least 30,000 UAW members were on strike during the period it surveyed businesses for October's employment report. Wages gains would still be above the 3.5% that economists say is consistent with the Fed's 2% target.
Persons: Brian Snyder, Detroit's, Sam Bullard, payrolls, Veronica Clark, we've, Sung Won Sohn, we're, Brian Bethune, that's, Lucia Mutikani, David Gregorio Our Organizations: Taylor Party, Equipment Rentals, REUTERS, UAW, United Auto Workers, Labor, Federal Reserve, Labor Department's Bureau of Labor Statistics, Manufacturing, BLS, Citigroup, UPS, Finance, Loyola Marymount University, Boston College, Thomson Locations: Somerville , Massachusetts, U.S, WASHINGTON, Wells, Charlotte , North Carolina, New York, Los Angeles
In today's big story, we're looking at Sam Bankman-Fried's conviction and what it means for the future of crypto. Sam Bankman-Fried, the crypto industry's most recognizable face (and head of hair), was found guilty of seven counts of fraud and conspiracy on Thursday night. Charges against Bankman-Fried included wire fraud, conspiracy to commit wire fraud, conspiracy to commit securities fraud, conspiracy to commit commodities fraud, and conspiracy to commit money laundering. The conviction came, perhaps fittingly, on the first anniversary of the CoinDesk scoop that sent FTX, the crypto exchange Bankman-Fried co-founded and led, into a tailspin. The downfall was swift, with Bankman-Fried resigning as CEO and FTX collapsing just over a week after the initial report.
Persons: , Katie Notopoulos —, Linda Yaccarino, Sam Bankman, Chelsea Jia Feng Down, Crypto, SBF, FTX, Fried, Katie Balevic, Jacob Shamsian, Katie, Chelsea Jia Feng, Miami —, That's, Brian Snyder Jamie Dimon, Jeff Gundlach, Gundlach, Mike Blake, Jack Dorsey, Samantha Lee, Janet Yallen, Sheryl Crow, Missy Elliott, isn't, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Bankman, Alameda Research, Wall, BlackRock, PayPal, JPMorgan, Microsoft, Tech, Financial, Labor Statistics, Hall, Today Locations: FTX's, New York City, San Diego, London, New York
China agrees to nuclear arms-control talks with US -WSJ
  + stars: | 2023-11-01 | by ( ) www.reuters.com   time to read: +3 min
The flags of the United States and China fly from a lamppost in the Chinatown neighborhood of Boston, Massachusetts, U.S., November 1, 2021. REUTERS/Brian Snyder/File Photo Acquire Licensing RightsNov 1 (Reuters) - China and the United States will discuss nuclear arms control next week, the first such talks since the Obama administration, the Wall Street Journal reported on Wednesday. Those arms talks would be led on Monday by Mallory Stewart, a senior State Department official, and Sun Xiaobo, the head of the arms-control department at China's Foreign Ministry, the Wall Street Journal report said. Since then, U.S. officials had expressed frustration that China showed little interest in discussing steps to reduce nuclear weapons risks. Daryl Kimball, executive director of the Washington-based Arms Control Association, said the overdue arms talks would likely focus on promoting greater transparency of each countries' nuclear doctrines and more effective crisis-communication channels.
Persons: Brian Snyder, Obama, Wang Yi, Mallory Stewart, Sun Xiaobo, Jake Sullivan, Joe Biden, Xi Jinping, Daryl Kimball, Kimball, Jasper Ward, Dan Whitcomb, Michael Martina, David Brunnstrom, Sandra Maler, Grant McCool Organizations: REUTERS, Wall Street, China's, State Department, China's Foreign Ministry, Wall, U.S . State Department, Reuters, U.S . National, Pentagon, Biden, Control, Thomson Locations: United States, China, Chinatown, Boston , Massachusetts, U.S, Washington, Russia, Beijing, San Francisco
[1/2] A sign hangs in front of the world headquarters of Vertex Pharmaceuticals in Boston, Massachusetts, U.S., October 23, 2019. REUTERS/Brian Snyder/File Photo Acquire Licensing RightsOct 31 (Reuters) - A panel of advisers to the U.S. health regulator said on Tuesday Vertex Pharmaceuticals (VRTX.O) and CRISPR Therapeutics (CRSP.BN) could assess potential safety risks of their sickle cell disease gene therapy after approval. If the therapy is approved, Vertex has proposed a 15-year follow up of patients to evaluate the safety outcomes of the therapy. Patients who were treated with the therapy were free from severe vaso-occlusive crisis for 12 months from the infusion of exa-cel. "It was made pretty clear that any theoretical off-target editing concerns do not outweigh the benefits of drug approval," said Salim Syed, analyst at Mizuho.
Persons: Brian Snyder, Scot Wolfe, Salim Syed, Sriparna Roy, Krishna Chandra Organizations: Vertex Pharmaceuticals, REUTERS, CRISPR Therapeutics, Staff, U.S . Food, Drug Administration, UMass Chan Medical, Analysts, FDA, Mizuho, Thomson Locations: Boston , Massachusetts, U.S, Bengaluru
The company's ongoing efforts are focused on how it can recruit, retain and reward pharmacy staff, the spokesperson said. CVS pharmacists make $61.44 an hour on average, while Walgreens pharmacists make $53.85 per hour on average, according to employment website Indeed. However, some Walgreens pharmacy staff told CNBC that the company continues to push their stores to hit performance goals for tasks like verifying prescriptions. IAM Healthcare did not immediately respond to a request for comment, while UFCW has expressed its support for the recent walkouts staged by Walgreens and CVS pharmacy staff. People make their way near a Walgreens pharmacy in New York City, March 9, 2023.
Persons: Brian Snyder, Shane Jerominski, walkouts, Stephanie Keith, I've, Irfan Khan, aren't, Jerominski, UFCW, Leonardo Munoz Organizations: Walgreens, Reuters, CNBC, CVS, Rite Aid, Kansas City, Bloomberg, Getty, Food and Drug Administration, Pfizer, CVS Pharmacy, Los Angeles Times, Kroger, IAM Healthcare, United Food, Commercial Workers International Union, Corbis Locations: Somerville , Massachusetts, Kansas City, Kansas, U.S, Massachusetts , Pennsylvania, California , Texas , Michigan , Missouri, Indiana, New York, Eagle Rock , CA, Canada, New York City
Those investments include enabling teams to schedule additional support as needed, enhancing pharmacist and technician recruitment and hiring and strengthening pharmacy technician training, according to the spokesperson. The pharmacist typically begins the shift by completing several paperwork tasks, which take about five to 10 minutes. The pharmacist and a pharmacy technician then juggle administering shots with several other tasks. The technician typically handles the first part of that task, which involves processing new prescription orders from doctors. One CVS pharmacy technician said they typically come to their store location at 7:50 a.m., 10 minutes before their eight-hour shift starts.
Persons: Mandel Ngan, weren't, Brian Snyder, , Spencer Platt Organizations: AFP, Getty, Walgreens, CVS, CNBC, Reuters Locations: Washington ,, Somerville , Massachusetts, Brooklyn, New York City
China's defence ministry blasts Pentagon's annual report
  + stars: | 2023-10-25 | by ( Bernard Orr | ) www.reuters.com   time to read: +3 min
The flags of the United States and China fly from a lamppost in the Chinatown neighborhood of Boston, Massachusetts, U.S., November 1, 2021. REUTERS/Brian Snyder Acquire Licensing RightsBEIJING, Oct 25 (Reuters) - China's defence ministry on Wednesday denounced the U.S. Defense Department's annual report on China, saying it distorts the country's security policy and military strategy. "The so-called report on China's military power released by the United States is full of all kinds of wrong content, including the statement on the Taiwan issue," a spokesperson for China's Taiwan Affairs Office said at a media briefing on Wednesday. But he added the difficulties and obstacles facing relations between the two militaries are created by the United States. The United States accepted China's invitation after China turned down a meeting a few months ago between the two countries' defence chiefs.
Persons: Brian Snyder, Wu Qian, Wu, Defence Ministry's Wu, Bernard Orr, Gerry Doyle Organizations: REUTERS, Rights, U.S . Defense, Pentagon, Congress, Defence Ministry, Taiwan Affairs, Defence, United, Thomson Locations: United States, China, Chinatown, Boston , Massachusetts, U.S, Rights BEIJING, People's Republic of China, South, Taiwan, United, Beijing
"Short term, if you're visiting a smaller biotech customer, what you're seeing is concerns about when the funding environment is going to improve. On the call, finance chief Stephen Williamson said core revenue growth and adjusted profit in 2024 will be similar to that in 2023. It also forecast 2023 adjusted profit of $21.50 per share, below analysts' estimates of $22.28. The medical equipment maker forecast adjusted earnings of $21.75 per share in 2024, short of analysts' estimates by $2.23. Third-quarter revenue of $10.57 billion missed analysts' expectations of $10.60 billion while adjusted profit of $5.69 per share topped estimates of $5.61, according to LSEG data.
Persons: Brian Snyder, Marc Casper, Stephen Williamson, Raymond James, Andrew Cooper, Bhanvi, Shinjini Ganguli, Shounak Dasgupta, Sriraj Organizations: REUTERS, Agilent Technologies, Reuters, Thomson Locations: Waltham , Massachusetts, U.S, China, Bengaluru
Formula One statistics for the Mexican Grand Prix
  + stars: | 2023-10-25 | by ( ) www.reuters.com   time to read: +4 min
[1/3] Formula One F1 - United States Grand Prix - Circuit of the Americas, Austin, Texas, U.S. - October 22, 2023 Red Bull's Sergio Perez in action during the race REUTERS/Brian Snyder/File Photo Acquire Licensing RightsOct 25 (Reuters) - Formula One statistics for Sunday's Mexican Grand Prix at Mexico City's Autodromo Hermanos Rodriguez, round 19 of the 22-race season. CHAMPIONSHIPRed Bull and Verstappen have won both championships already, Verstappen his third and Red Bull their sixth. Red Bull have won 17 of 18 races, with Ferrari's Carlos Sainz winning in Singapore. Red Bull have also had a team record six one-two finishes in 2023. PODIUMSix teams and 11 drivers have made a podium appearance this season: Red Bull, Alpine, Aston Martin, McLaren, Mercedes and Ferrari.
Persons: Sergio Perez, Brian Snyder, Mexico City's Autodromo Hermanos Rodriguez, Max Verstappen, Red, MEXICO Red Bull's Sergio Perez, Lewis Hamilton, Nico Rosberg, Hamilton, Bull, Verstappen, Red Bull, Alain Prost, Ferrari's Carlos Sainz, Singapore . Red Bull, Aston Martin's Fernando Alonso, Ferrari's Charles Leclerc, Sainz, Aston Martin, McLaren, Mercedes, Michael Schumacher, Alonso, Alfa Romeo's, Zhou, Perez, Mercedes's George Russell, McLaren's Oscar Piastri, AlphaTauri's Yuki Tsunoda, Satoru Nakajima, Kamui Kobayashi, McLaren's Lando Norris, Nick Heidfeld's, Alan Baldwin, Ed Osmond Organizations: United, Prix, Mexico City's Autodromo Hermanos, MEXICO Red, Mercedes, Red, WINS Verstappen, Ferrari, Aston, Thomson Locations: United States, Americas, Austin , Texas, U.S, Netherlands, MEXICO, Mexico, Singapore, Singapore . Red, Saudi Arabia, Spain, Azerbaijan, Belgium, Austin, Hamilton, Hungary, Italy, Verstappen, Brazil, Australia, China, London
REUTERS/Brian Snyder/File photo Acquire Licensing RightsOct 25 (Reuters) - IT software and consultancy services provider IBM (IBM.N) reported third-quarter revenue slightly above Wall Street targets on Wednesday, buoyed by stable demand for its software solutions and a stronger-than-expected mainframe business. Shares of the Armonk, New York-based company rose 2% in trading after the bell. While the company has seen a slowdown in the growth of its overall business compared to last year, it reiterated its annual target for revenue growth and free-cash-flow generation. Revenue at its software segment, which now includes newly acquired IT budgeting software maker Apptio, rose nearly 8%, excluding the impact from a strong dollar. IBM's revenue in the third quarter rose about 5% to $14.8 billion, compared to an estimate of $14.73 billion, according to LSEG data.
Persons: Brian Snyder, Ernst &, James Kavanaugh, Chavi Mehta, Pooja Desai Organizations: REUTERS, IBM, Ernst & Young, Reuters, Big, Revenue, Thomson Locations: Cambridge , Massachusetts, U.S, , New York, United States, Bengaluru
Norris fears McLaren have missed best chance of a win
  + stars: | 2023-10-23 | by ( ) www.reuters.com   time to read: +3 min
The 23-year-old Briton has finished runner-up five times this year and six times in a Formula One career that remains without a victory. Australian rookie team mate Oscar Piastri won the sprint at Lusail and was second in the main race. "I think Qatar was our best chance of winning a race. And I missed out on that one," Norris told reporters. "We can look decent, but I think realistically we're not at that level as a general package with these guys.
Persons: McLaren's Lando Norris, Brian Snyder, Lando Norris, Sunday's, Mercedes, Lewis Hamilton, Aston Martin, Norris, Oscar Piastri, Ferrari's Charles Leclerc, Red Bull's, Max Verstappen, Verstappen, ender, Abu, German Nick Heidfeld, Bull, Alan Baldwin, Christian Radnedge Organizations: United, Prix, United States Grand Prix REUTERS, U.S, Sunday, McLaren, Briton, Austin's Circuit, Heidfeld, Thomson Locations: United States, Americas, Austin , Texas, U.S, , Texas, Qatar, Brazil, Austin, Abu Dhabi, Mexico, Las Vegas, German, London
Verstappen holds off charging Hamilton for 50th F1 win
  + stars: | 2023-10-22 | by ( ) www.reuters.com   time to read: +4 min
Dominant Red Bull and Verstappen, who started in sixth place and whose win was the first in Austin by a driver not on the front row, have already secured the constructors' and drivers' titles. "The whole race, I was struggling a lot with the brakes," said Verstappen, who was booed by some of the crowd as he stood on the podium. "I normally never really struggle with braking so far in my F1 career, but it was definitely a bit of a problem." "Forecast P2, maybe the win," the 38-year-old was informed over the radio as he chased down the McLaren. Alpine's Esteban Ocon was the first retirement, his race ending on lap seven after a first lap collision with McLaren's Oscar Piastri.
Persons: Max Verstappen, Brian Snyder, Hamilton, Norris, Lewis Hamilton, Mercedes, Lando Norris, Verstappen, Charles Leclerc, McLaren, leapfrog Aston Martin, Ferrari's Carlos Sainz, Red Bull's Sergio Perez, Leclerc, George Russell, Alpine's Pierre Gasly, Aston, Lance, AlphaTauri's Yuki Tsunoda, Perez, Alain Prost, Red Bull, Sebastian Vettel's, Alpine's Esteban Ocon, McLaren's Oscar Piastri, Piastri, Aston Martins, Fernando Alonso, Haas, Kevin Magnussen, Nico Hulkenberg, Alan Baldwin, Ken Ferris Organizations: United, Prix, Mercedes, McLaren, AUSTIN, U.S, Bull, Circuit, DRS, Hamilton, Thomson Locations: United States, Americas, Austin , Texas, U.S, Austin, AUSTIN , Texas, Saudi Arabia, Alpine's, Mexico, London
Verstappen wins Austin sprint race
  + stars: | 2023-10-21 | by ( ) www.reuters.com   time to read: +2 min
Formula One F1 - United States Grand Prix - Circuit of the Americas, Austin, Texas, U.S. - October 21, 2023 Red Bull's Max Verstappen celebrates after winning the sprint race REUTERS/Brian Snyder Acquire Licensing RightsSummary Verstappen wins sprint from poleHamilton second, Leclerc thirdAUSTIN, Texas, Oct 21 (Reuters) - Red Bull's triple world champion Max Verstappen won a U.S. Grand Prix sprint race from pole position on Saturday with old foe Lewis Hamilton second for Mercedes. Ferrari's Charles Leclerc took third after being passed by Hamilton at the start of a race that paid points to the top eight finishers. The main event at the Texas track is on Sunday with Leclerc starting on pole position and Verstappen chasing his 50th grand prix win from sixth on the grid. Dominant Red Bull and Verstappen have already secured both the constructors' and drivers' world championships with a fistful of races to spare. In the early laps, Verstappen and Hamilton ran close enough for the Briton to have DRS (drag reduction) but then the Red Bull pulled away.
Persons: Max Verstappen, Brian Snyder, Leclerc, Lewis Hamilton, Ferrari's Charles Leclerc, Hamilton, Verstappen, Bull, Red Bull, McLaren's Lando Norris, Red Bull's Sergio Perez, Ferrari's Carlos Sainz, Pierre Gasly, George Russell, Alan Baldwin, Ed Osmond Organizations: United, Prix, Hamilton, U.S, Mercedes, Austin's Circuit, Ferrari, Alpine, Thomson Locations: United States, Americas, Austin , Texas, U.S, AUSTIN , Texas, Hamilton, Texas, Verstappen, London
Republican presidential candidate and businessman Perry Johnson speaks at the New Hampshire Republican Party's First in the Nation Leadership Summit in Nashua, New Hampshire, U.S., October 13, 2023. REUTERS/Brian Snyder/ File Photo Acquire Licensing RightsOct 20 (Reuters) - Perry Johnson, a businessman and long-shot for the Republican presidential nomination, dropped out of the 2024 White House race on Friday. Johnson failed to qualify for the two Republican presidential debates held so far this year because of a lack of donors and negligible support in polls. Another long-shot contender, former Texas congressman Will Hurd, dropped out of the Republican nominating race on Oct. 9. Former Republican President Donald Trump remains the runaway frontrunner to become the party's White House standard-bearer next year.
Persons: Perry Johnson, Brian Snyder, Johnson, Will Hurd, Donald Trump, Ron DeSantis, Nikki Haley, Tim Reid, Rod Nickel Organizations: New Hampshire Republican Party's, Nation Leadership Summit, REUTERS, Republican, White, Michigan, Republicans, Trump, South, Thomson Locations: Nashua , New Hampshire, U.S, Texas, South Carolina
Republican presidential candidate Florida Governor Ron DeSantis speaks at the New Hampshire Republican Party's First in the Nation Leadership Summit in Nashua, New Hampshire, U.S., October 13, 2023. When Troy Scheuermann, a chiropractor in Van Buren County stood up to introduce DeSantis at a campaign stop in Keosauqua (pop. For farmer Lance Lillibridge of Benton County, Iowa, a personal touch from DeSantis, a politician not known for his warmth, is what secured his support. RURAL ROADSIn a recent three-day swing through Iowa, DeSantis traveled through Davis County (pop. The Trump campaign said it has identified 1,800 in-state volunteers to support the campaign, as well as 200 county chairs representing all 99 counties.
Persons: Ron DeSantis, Brian Snyder, Donald Trump, Trump, DeSantis, Nikki Haley, Mike Pence, Tim Scott, Troy Scheuermann, Scheuermann, , , ” DeSantis, Van, Le Mars, Don Kass, Mike Van Otterloo, Van Otterloo, David Kochel, Jeb Bush, Mitt Romney, Kochel, Lance Lillibridge, Lillibridge, ” Lillibridge, Ted Cruz, Rick Santorum, Mike Huckabee, you’re, “ We’ve, Jessica Szymanski, Szymanski, James Oliphant, Gram Slattery, Nathan Layne, Ross Colvin, Claudia Parsons Organizations: Florida, New Hampshire Republican Party's, Nation Leadership Summit, REUTERS, Republican, Trump, Iowa, Ipsos, Iowa Republican, United Nations, Ukraine, PEOPLE Reuters, Reuters, Cream, Plymouth County, Supervisors, DeSantis, Iowa Corn Growers Association, Arkansas, , PAC, White, Thomson Locations: Nashua , New Hampshire, U.S, , Iowa, Iowa, Florida, DeSantis, Van Buren County, Keosauqua, Van Buren, Le Mars , Iowa, Plymouth, Benton County , Iowa, China, Davis County, Buena Vista County
Republican presidential candidate and former U.S. President Donald Trump delivers a speech during a campaign rally in Wolfeboro, New Hampshire, U.S., October 9, 2023. REUTERS/Brian Snyder/File Photo Acquire Licensing RightsWASHINGTON, Oct 20 (Reuters) - A U.S. judge on Friday temporarily lifted a partial gag order she had imposed limiting Donald Trump's public statements about the federal criminal case in which the former president is accusing of illegally attempting to undo his 2020 election loss. Lawyers for Trump on Friday asked Chutkan to lift the restrictions while he asks a U.S. appeals court to strike down an order by the judge that they called "breathtakingly overbroad." Chutkan on Monday barred Trump from making public statements that "target" Special Counsel Jack Smith, who is prosecuting the case, and members of his staff. The order also prohibits Trump from making comments disparaging court staff and potential witnesses in the case.
Persons: Donald Trump, Brian Snyder, Donald Trump's, Tanya Chutkan, Chutkan, Jack Smith, Trump, Smith, General Merrick Garland, Democrat Joe Biden, Andrew Goudsward, Kanishka Singh, Will Dunham Organizations: REUTERS, Rights, Trump, New, Democrat, Thomson Locations: Wolfeboro , New Hampshire, U.S, New York, Washington
Israel Reshuffles the U.S. Presidential Election Deck
  + stars: | 2023-10-19 | by ( Daniel Henninger | ) www.wsj.com   time to read: 1 min
Republican presidential candidate Nikki Haley speaks in Nashua, N.H., Oct. 13. Photo: brian snyder/ReutersSuddenly in the aftermath of the Hamas massacre on Oct. 7, we have a presidential election about national security. And that could shuffle the U.S. presidential-candidate deck. The foreign-policy debate on the Republican side—China, Ukraine, the open border—had become rote. Hamas’s killing of civilians and seizing of hostages, including presumably Americans, has forced the world’s troubles to the top of the presidential agenda.
Persons: Nikki Haley, brian snyder Organizations: Reuters, Republican Locations: Nashua, N.H, China, Ukraine
[1/3] A sign advertises COVID-19 (coronavirus) vaccine shots at a Walgreens Pharmacy in Somerville, Massachusetts, U.S., August 14, 2023. REUTERS/Brian Snyder/File Photo Acquire Licensing RightsOct 19 (Reuters) - Walgreens Boots Alliance (WBA.O) has agreed to pay $192.5 million to settle a class action lawsuit by investors in Rite Aid (RADCQ.PK) who accused Walgreens of misleading them in 2017 about scrutiny of the two drugstore chain operators' then-pending merger. A spokesperson for Walgreens and an attorney for Rite Aid investors did not immediately reply to requests for comment. The Rite Aid investors sued Walgreens and its executives over statements they made about the proposed merger between the two major U.S. pharmacy chains, which was first announced in 2015. The settlement with investors comes on the heels of Rite Aid filing for bankruptcy protection as it struggled with high debt and costs from opioid litigation.
Persons: Brian Snyder, Jennifer Wilson, Duane Reade, Jody Godoy, Bill Berkrot Organizations: Walgreens, REUTERS, Walgreens Boots Alliance, Rite, Rite Aid, Federal Trade Commission, Aid, Thomson Locations: Somerville , Massachusetts, U.S, Pennsylvania, Britain, United States, New York
Thermo Fisher Scientific to buy Olink in $3.1 billion deal
  + stars: | 2023-10-17 | by ( ) www.reuters.com   time to read: +2 min
A company flag flies outside the offices of Thermo Fisher Scientific offices in Waltham, Massachusetts, U.S., August 2, 2023. The deal lifted Olink's U.S.-listed shares nearly 67% in early trading, while shares of Thermo Fisher were down over 1%. Olink's acquisition will help Thermo Fisher's customers in the biotech industry "to meaningfully accelerate discovery and scientific breakthroughs," Thermo Fisher CEO Marc Casper said. Thermo Fisher said it would pay Olink shareholders $26 per share, an about 74% premium to the U.S.-listed stock's closing price on Monday. The deal is a good fit for Thermo Fisher and "checks the box strategically," Evercore ISI analyst Vijay Kumar wrote in a note.
Persons: Brian Snyder, Fisher, Marc Casper, Vijay Kumar, Mariam Sunny, Krishna Chandra Eluri, Shilpi Majumdar Organizations: REUTERS, Olink, U.S, Thomson Locations: Waltham , Massachusetts, U.S, Sweden, Bengaluru
Rainmakers find political hedge in Chris Christie
  + stars: | 2023-10-16 | by ( Ben Winck | ) www.reuters.com   time to read: +4 min
[1/2] Republican presidential candidate and former New Jersey Governor Chris Christie speaks at the New Hampshire Republican Party’s First in the Nation Leadership Summit in Nashua, New Hampshire, U.S., October 13, 2023. Several hedge fund rainmakers poured cash into Chris Christie’s campaign over the summer, according to filings released on Monday. But with legal woes hanging over Trump’s campaign, contributions to the most anti-Trump conservative could become a valuable call option for the group that knows something about hedging. It’s notable that Christie has been vocal about attacking Trump, whom he advised during the prior president’s first term. Former New Jersey Governor Chris Christie raised $3.8 million over the quarter, aided by donations from wealthy investors including Stanley Druckenmiller, David Tepper and Paul Tudor Jones.
Persons: Chris Christie, Brian Snyder, Donald Trump, hasn’t, Wall, Chris Christie’s, Christie, Nikki Haley, Ron DeSantis, Vivek Ramaswamy, Tim Scott, That’s, Stanley Druckenmiller, David Tepper, Tudor Investment’s Paul Tudor Jones maxed, Seth Klarman, Bruce Kovner, Trump, ” Christie, Ramaswamy, Tyler Winklevoss, Paul Tudor Jones, Lauren Silva Laughlin, Sharon Lam Organizations: Republican, New, New Hampshire Republican Party’s, Nation Leadership Summit, REUTERS, Rights, Reuters, Republican Party, Trump, Duquesne Capital, Management, CAM, Fairleigh Dickinson University, Reuters Graphics Reuters, Federal, Former New Jersey, Thomson Locations: New Jersey, Nashua , New Hampshire, U.S
"That is his super power," said David Kochel, a Republican strategist not affiliated with any 2024 presidential campaign. Both campaigns use other accounts to raise money known as joint fundraising committees. Trump's campaign previously said it raised over $45 million in the third quarter, without giving details of how much joint fundraising raised and how much the joint committee spent raising that money. The Trump campaign didn't respond to requests for details about fundraising by the joint committee. Biden's camp had previously said his campaign, the Democratic Party and their joint fundraising committees raised a combined $71 million.
Persons: Donald Trump, Brian Snyder, Donald Trump's, Joe Biden, Trump, David Kochel, I'm, Biden's, Jason Lange, Alexandra Ulmer, Robert Birsel Organizations: REUTERS, Rights, Democratic, Federal, Commission, Republican, Trump, Democratic Party, Thomson Locations: Wolfeboro , New Hampshire, U.S, Georgia, Washington, San Francisco
New York CNN —Israeli billionaire Idan Ofer and his wife Batia are quitting a Harvard executive board in protest of how university leaders have responded to Hamas’ terror attacks on Israel. Idan Ofer has amassed a fortune valued at nearly $20 billion, according to Bloomberg’s billionaire index, where the Israeli ranks No. Instead, the resignation was driven by how Harvard leaders responded to the attacks on Israel, the source said. Idan Ofer is a son of shipping billionaire Sammy Ofer, who was once Israel’s richest man and died in 2011, according to Forbes. President of Harvard University Claudine Gay Brian Snyder/ReutersHarvard did not comment on the resignation and criticism from the Ofers.
Persons: Idan Ofer, Batia, , Israel, , David Rubenstein, Sammy Ofer, Harvard University Claudine Gay Brian Snyder, Claudine Gay, ” Gay, Gay, Harvard “, Bill Ackman, That’s Organizations: New, New York CNN, Harvard, CNN, Harvard’s Kennedy School of Government, Kennedy, Forbes, Israel Corp, Kenon Holdings, Harvard University, Reuters Harvard, University, Locations: New York, Israel, Harvard’s
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