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☆ Novo Nordisk CEO 'confident' Catalent will resolve Wegovy output problems
▼ + stars: | 2023-08-25 | by ( Maggie Fick | ) www.reuters.com time to read: +2 min

[1/3] A general view of the drug product manufacturing laboratory in biologics and sterile injectables, Catalent, in Brussels, Belgium June 27, 2023. REUTERS/Yves Herman/File Photo Acquire Licensing RightsAug 25 (Reuters) - Novo Nordisk Chief Executive Lars Fruergaard Jorgensen said on Friday he was confident Catalent (CTLT.N) would resolves its problems making Novo's hugely-popular weight-loss drug Wegovy as the company scrambles to boost output to meet soaring demand. "I am confident in that," Jorgensen said at a Reuters Newsmaker event, when asked about the issues Catalent has had. Novo hopes to have a third external facility filling and finishing the injection pens by 2024, Jorgensen said. Even so, it will be "quite some years" before the company can satisfy the whole market for Wegovy, Jorgensen said.

Persons: Yves Herman, Lars Fruergaard Jorgensen, Jorgensen, Catalent, Novo, Maggie Fick, Josephine Mason, Mark Potter Organizations: REUTERS, Novo Nordisk, Reuters, Wegovy, Thomson Locations: Brussels, Belgium, Danish

☆ Deloitte's human-sustainability chief wants to help employees beat burnout. She says the best solutions go beyond vacation and office yoga — and involve undoing 100 years of routine.
▼ + stars: | 2023-08-25 | by ( Tim Paradis | ) www.businessinsider.com time to read: +6 min

To combat burnout, it will take more than vacations and a few yoga classes, she told Insider. To really fix what's wrong with work, Fisher said, we need to have deeper, more thoughtful conversations. Fisher said employers need to push back on the idea that workers who cut through piles of work must be in good shape. I was on my way to burnout and the downstream impacts of my actions and behaviors on my team were detrimental," she said. Her own journey toward a more balanced approach to work leaves Fisher optimistic that broader change is possible.

Persons: Jen Fisher, who'd, Fisher, Deloitte's Jen Fisher, Odette Fernandez Lopez, We've, we're, she's, they're Organizations: Deloitte, Service Locations: Wall, Silicon, chemo

☆ The market has reacted to Powell's comments neutrally, says former Dallas Fed President Fisher
▼ + stars: | 2023-08-25 | 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 EmailThe market has reacted to Powell's comments neutrally, says former Dallas Fed President FisherRichard Fisher, Barclay's senior advisor and former U.S. Federal Reserve Bank of Dallas president, joins 'Halftime Report' to discuss the market reaction to Powell's Jackson Hole remarks, Fed Chair Powell's professional expertise, and the economy's strength.

Persons: Fisher Richard Fisher, Barclay's, Powell's Jackson Organizations: Dallas Fed, U.S . Federal Reserve Bank, Dallas

☆ Fukushima nuclear plant begins releasing treated radioactive wastewater into the sea
▼ + stars: | 2023-08-24 | by ( ) www.cnbc.com time to read: +3 min

Protesters hold signs reading "Don't throw radioactive contaminated water into the sea!" The operator of the tsunami-wrecked Fukushima Daiichi nuclear power plant says it has begun releasing its first batch of treated radioactive water into the Pacific Ocean. But the Japanese government and TEPCO say the water must be released to make room for the plant's decommissioning and to prevent accidental leaks. The water release begins more than 12 years after the March 2011 nuclear meltdowns, caused by a massive earthquake and tsunami. TEPCO executive Junichi Matsumoto said Thursday's release was to begin with the least radioactive water to ensure safety.

Persons: Fumio Kishida, Junichi Matsumoto, Matsumoto Organizations: Tokyo Electric Power Company, Tokyo Electric Power Company Holdings, TEPCO, Fisheries Agency Locations: Tokyo, China, South Korea, Fukushima

☆ Novo hires Thermo Fisher as second manufacturer for Wegovy weight-loss drug - source
▼ + stars: | 2023-08-23 | by ( Maggie Fick | ) www.reuters.com time to read: +2 min

A selection of injector pens for the Wegovy weight loss drug are shown in this photo illustration in Chicago, Illinois, U.S., March 31, 2023. REUTERS/Jim Vondruska/Illustration/File Photo Acquire Licensing RightsLONDON, Aug 23 (Reuters) - Novo Nordisk (NOVOb.CO) has hired Thermo Fisher (TMO.N) as its second contract manufacturer for its hugely popular weight-loss drug Wegovy, a source familiar with the matter told Reuters. Thermo is doing the filling of the Wegovy injection pens at its factory in Greenville, North Carolina, the source said, declining to be named because the information is confidential. Novo Chief Financial Officer Karsten Munk Knudsen told Reuters in May the company had signed up a second contract manufacturer in the United States, but the identity of the company has not previously been reported. Wegovy launched in the United States in June 2021, the first-to-market in a new class of highly effective weight-loss drugs.

Persons: Jim Vondruska, Karsten Munk Knudsen, Wegovy, Knudsen, Catalent's, Maggie Fick, Josephine Mason, Mark Potter Organizations: REUTERS, Novo Nordisk, Reuters, Novo, Thomson Locations: Chicago , Illinois, U.S, Greenville , North Carolina, United States, Danish, Brussels, Belgium

☆ Novo hires Thermo Fisher as second manufacturer for Wegovy weight-loss drug -source
▼ + stars: | 2023-08-23 | by ( Maggie Fick | ) www.reuters.com time to read: +2 min

☆ Climate change: Parts of tropical rainforests could get too hot for photosynthesis, study suggests
▼ + stars: | 2023-08-23 | by ( Laura Paddison | ) edition.cnn.com time to read: +5 min

CNN —Some leaves in tropical forests from South America to South East Asia are getting so hot they may no longer be able to photosynthesize, with big potential consequences for the world’s forests, according to a new study. They found that average forest canopy temperatures peaked at 34 degrees Celsius (93 Fahrenheit) but some exceeded 40 degrees Celsius (104 Fahrenheit). This level of warming is not expected under current climate policies, which are estimated to bring 2.7 degrees Celsius of warming above pre-industrial levels. While these figures may seem small, the risk is significant given how critical tropical trees are for life, the climate system and the planet. But, he added, there are more immediate concerns for tropical forests, including deforestation, wildfires and droughts.

Persons: photosynthesize, Christopher Doughty, ” Doughty, Martin Zwick, ”, Kevin Collins, Christopher Still, there’s, it’s, “, Chloe Brimicombe, ” Joshua Fisher Organizations: CNN, Northern Arizona University, Getty, Open University, Science Media, Oregon State University, University of Graz, Chapman University Locations: South America, South East Asia, Nature, Australia, Brazil, ecoinformatics, Mobuku, Uganda, ”, Austria

☆ Has the War on Inflation Already Been Won? - The New York Times
▼ + stars: | 2023-08-22 | by ( Paul Krugman | ) www.nytimes.com time to read: +1 min

Money is the economy’s unit of account, the yardstick we use to calculate profit and loss, make contracts, specify debts and more. It’s problematic when that yardstick keeps changing length, when you have to worry about how much stuff a dollar will buy in the future. Nonetheless, the Federal Reserve, like all major central banks these days, doesn’t aim for complete price stability, or in other words, for 0 percent inflation. Mainly because an economy with modest inflation will normally have somewhat higher interest rates than one with zero inflation — a phenomenon known as the Fisher effect. And this means that low but positive inflation gives the Fed more room to cut rates in the face of a recession.

Persons: Flation, Fisher Organizations: Federal Reserve

☆ Recalled products linked to more than 100 infant deaths still for sale on Facebook, lawmakers say
▼ + stars: | 2023-08-22 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +2 min

Recalled baby products linked to more than 100 infant deaths are still widely sold on Facebook Marketplace despite thousands of requests from federal regulators to take down the items, four members of Congress said. Lawmakers wrote that the Consumer Product Safety Commission has sent Facebook parent Meta about 1,000 requests a month since 2022 to remove the recalled Boppy Newborn Lounger, but the product keeps cropping up for sale on the platform. In June, the CPSC's commissioners sent a letter to Zuckerberg calling on him to do more to prevent the sale of the recalled products. In the letter, the members of Congress asked for more information about Meta's product safety policies, how it monitors recalls and how many staff members are dedicated to consumer-product safety issues. But they did not accuse the companies of selling recalled products.

Persons: Mark Zuckerberg, Fisher, Price, Boppy Newborn, Cathy McMorris Rodgers, Frank Pallone Jr, Gus Bilirakis, Jan Schakowsky, Meta didn't, Zuckerberg, Meta Organizations: Facebook, Lawmakers, Consumer Product Safety Commission, Washington Republican, House Energy, Commerce, New, New Jersey Democrat, CNBC, Target, Walmart, eBay Locations: Washington, New Jersey

☆ Hidden investors took over Corizon Health, a leading prison healthcare company. Then they deployed the Texas Two-Step.
▼ + stars: | 2023-08-21 | by ( Nicole Einbinder | Dakin Campbell | ) www.businessinsider.com time to read: +63 min

The nurse practitioner on duty that day was employed by Corizon Health, Inc., one of the nation's largest private prison healthcare providers. Under federal law, a bankruptcy judge may respond to evidence of self-dealing or perjury by appointing a trustee to take control of the bankrupt company, bankruptcy experts told Insider. Just six months before the Garcia family was scheduled to have their day in court, Corizon filed for bankruptcy. "The Corizon bankruptcy is presently in a court ordered mediation, and we are seeking a global resolution for all the parties involved." Goldberger's attorney, Joseph Haspel, responded to queries with a statement saying that "Mr. Goldberger is a passive investor" in Corizon, Tehum, YesCare, Perigrove, and Perigrove 1018.

Persons: Hector Garcia, Garcia, wriggling, Adria Malcom, Corizon, Bryan Baker, —, Doña Ana, Corizon ., Garcia's, Daniel Jimenez, Gina Macias, Belen Lowery, Hector Garcia , Jr, it's, Johnson, Tehum, Sen, Elizabeth Warren, I've, Isaac Lefkowitz, James Hyman, YesCare, Lefkowitz, Ian Cross, Lynn LoPucki, Tracey Grissom, William Kelly, Kelly, Hector Garcia Jr, Hector Jr, Ricky, he'd, Hector Garcia's, Ana County , New Mexico Hector Jr, Matt Coyte, Coyte, Hyman, didn't, Sara Tirschwell, Kholood, Tirschwell, Jason S, Ana County, Nick Tomecek, Christopher Atkinson, Wendy McGee, McGee, Stephanie Kiger, Anita Skipper, Atkinson, He's, Simche Steinberger, England, Steinberger's, Steinberger, Michael Flacks, Sylvia Jarrus, Cross, he's, David Gefner, Abraham Goldberger, Gefner, Perigrove, Terrence A, they'd, Oved, Goldberger, CHS Dana Anna, Flacks, Moneyman, Joel Landau, Joseph Haspel, Haspel, Andrew Levander, Landau, James Hyman's, It's, Genesis, David Harrington, Bill de Blasio, there'd, Hindenburg, David Paterson, Mark Roe, availing, Dick Durbin, Gefner . Lefkowitz, Tirschwell —, Davidson Kempner, Tim Hunter, Tirschwell's, catastrophically, Tirschwell's playbook, Jeff Sholey, Sholey, Steven Storch, Daniel's Organizations: Detention, Insider, Corizon Health, Inc, Housing, University of Missouri Health Care, Arizona Department of Corrections, Rehabilitation, Senate Banking Committee, Court, Middle, University of Florida, Alabama, futon, Health Services, New, Arizona, BlueMountain Capital Management, Flacks, Revenue, Corizon, New York Times, Tehum Care Services, CHS, YesCare Holdings, Okaloosa, Wyoming Department of Corrections, University of West, YesCare, Public, Alabama Department of Corrections, . Alabama Department of Corrections, Tehum, US, University of Missouri, LinkedIn, Flacks Group, Consulate Health Care, Justice Department, YesCare Corp, United Staffing Solutions, Charlotte, CHS Okaloosa, United, Solutions, Pharmacorr, Trade Center, Securities and Exchange Commission, Hindenburg Research, Alabama Department, Corrections, Geneva Consulting, Genesis Healthcare, Trade, Geneva, New York Stock Exchange, Pinta Capital Partners, The, Pinta Capital, New York Gov, Staffing Solutions, DG Realty, Harvard Law School, ACLU, Public Justice, Lawyers, Seven Trade, World Trade, Gefner, Southern, Southern District of Texas, The Alabama Department of Corrections, Southern Poverty Law Center, Medicare, Services, Quest Turnaround Advisors, New York City, Republican, city's Campaign Finance, CFB, Campaign Finance, Finance Locations: Ana, Las Cruces , New Mexico, facility's, Doña, Jimenez's, Las Cruces, Houston, New, Rockland County, Texas, Middle District, Tennessee, Michigan, Virginia, New York, Oregon, Idaho, New Mexico, Ana County , New Mexico, Corizon, Florida, New York City, A, York, Nashville, Missouri, Brentwood , Tennessee, Delaware, Okaloosa, Florida's panhandle, Okaloosa County, Okaloosa County , Florida, University of West Florida, YesCare, Wyoming, Shawnee County , Kansas, Bernalillo County , New Mexico, Tehum, Perigrove, Suffern, Brooklyn, America, Manhattan, Suffern , New York, Geneva, nonpayment, United States, Rivington, Alabama, Southern District, Wexford, Maine, Corizon's Texas, Mexico, Tirschwell's, YesCare Corp

☆ ‘Strays’ Stumbles at Box Office Without Its Stars’ Promotion
▼ + stars: | 2023-08-20 | by ( Nicole Sperling | More About Nicole Sperling | ) www.nytimes.com time to read: +1 min

When selling a movie about raunchy talking dogs, it helps to have some star power to get moviegoers into seats. And “Strays,” which opened Friday, has it — at least on the screen. “Strays,” which had a budget of $46 million, is one of four movies that opened widely across the country this weekend. (The studio’s previous R-rated comedy that paired raunchy material with family-friendly characters, “Good Boys,” opened in 2019 to $21 million. “Cocaine Bear,” also from Universal, had a far more robust opening, $23 million, back in February.)

Persons: Will Ferrell, Jamie Foxx, Randall Park, Isla Fisher, Dylan Dreyer, Australian Shepherd, “, ” Organizations: Universal Pictures, Universal Locations: Australian

☆ 'It was a death trap.' Their loved ones died working in the extreme heat. Now they demand change
▼ + stars: | 2023-08-19 | by ( ) edition.cnn.com time to read: +9 min

By Friday, he had his accident, and my son was gone Saturday morning,” Velma Infante, his mother, told CNN. CNN spoke to two women who lost loved ones who died while working outdoors in the extreme heat. According to what Eugene’s then-supervisor told Carla, her husband collapsed in a neighbor’s front yard while delivering mail. Velma Infante carries this vial which holds a print out of her son Gabriel's last heart beats. Velma Infante worries that other state governors might follow Abbott’s example and implement similar laws that could potentially roll back local worker protections.

Persons: Los Angeles CNN — Gabriel Infante, “, Gabriel’s, Joshua Espinoza, Infante, EMTs, Infante wasn’t overdosing, ” Velma Infante, ”, Carla Gates, Eugene Gates, ’ Gates, Eugene, Carla, ” Gates, Carla didn’t, ” Carla, Eugene’s, Gates, Kimetra Lewis, Aaron Fisher, ’ Infante, Velma, ” Infante, Gabriel, ” Velma, Velma Infante, Gabriel's, John General, ’ ” Velma, Greg Abbott’s, Biden, we’re Organizations: Los Angeles CNN, CNN, US Postal Service, Dallas, Medical, National Association of, Carriers, USPS, Texas, Occupational Safety, Health Administration Locations: San Antonio , Texas, Bexar County , Texas, Bexar County, Dallas, Texas, Lakewood , Texas, Gates, Austin

☆ China's tanking economy is costing major US companies and could throw cold water on America's economic boom
▼ + stars: | 2023-08-17 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +5 min

China's slowing economy is chipping away at some American companies' revenues. China's July economic report didn't mention youth-unemployment statistics after it soared to 21.3% in the second quarter, citing economic and social changes. While Chinese manufacturing and construction are struggling to recover, some American companies with strong ties to China are also feeling the effects. Dow's rival DuPont also reported a drop in China sales from existing operations, a 14% year-over-year fall. To be sure, some American companies have performed well in China over the past few months.

Persons: Gamble, Stephen Williamson, Danaher, Rainer Blair, Howard Ungerleider, Edward Breen, Marriott Organizations: DuPont, Danaher, Procter, Service, Citigroup, Intel, Toyota, Nissan, Apple, Starbucks, Street Journal, Monetary Fund Locations: China, Wall, Silicon, American, Ohio, Greater China, Beijing

☆ Thermo Fisher Scientific and more: CNBC's 'Halftime Report' traders answer your questions
▼ + stars: | 2023-08-17 | 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 to buy, hold or sell right now. Jenny Harrington of Gilman Hill Asset Management discussed why she sees Thermo Fisher Scientific as a stock worth holding for the long term. Capital Wealth Planning's Kevin Simpson shared his thesis on investing in Lockheed Martin and why now is a good entry point to buy shares.

Persons: Jenny Harrington, Kevin Simpson, Lockheed Martin Organizations: CNBC Pro, Management, Lockheed

☆ Mets blast Pirates 8-3 behind DJ Stewart's 2 HRs
▼ + stars: | 2023-08-16 | by ( Field Level Media | ) www.reuters.com time to read: +2 min

Mandatory Credit: Gregory Fisher-USA TODAY Sports Acquire Licensing RightsAugust 16 - DJ Stewart homered twice and finished with three RBIs on Wednesday afternoon for the host New York Mets, who beat the Pittsburgh Pirates 8-3 in the rubber match of a three-game series. Francisco Lindor's two-run single closed out a three-run second inning and Brandon Nimmo added an RBI single in the fourth. Nimmo drew two walks while Ortega had a double, a single and a walk. Pirates starter Johan Oviedo (6-13) gave up four runs on five hits and five walks while striking out three over four-plus innings. The Pirates immediately answered in the third, when Hayes hit a leadoff double and Reynolds homered to left-center field.

Persons: Joey Cora, DJ Steward, Gregory Fisher, DJ Stewart, Francisco Lindor's, Brandon Nimmo, Pete Alonso, Rafael Ortega, Tylor Megill, Phil Bickford, Brooks Raley, Trevor Gott, Adam Ottavino, Nimmo, Ortega, Bryan Reynolds, Alika Williams, Ke'Bryan Hayes, Johan Oviedo, Stewart, Omar Narvaez, Jonathan Arauz, Hayes, Reynolds, Oviedo, Alonso, Ryan Borucki, Daniel Vogelbach, Connor Joe, Bickford, Alfonso Rivas, Williams, Jose Hernandez, Jeff McNeil, Rivas misplayed Narvaez's, grounder, Ortega's Organizations: New York Mets, Base, Pittsburgh Pirates, Citi Field, USA, Mets, Pirates, homering, The Pirates, Thomson Locations: New York City , New York, USA

"It's just a very high level of uncertainty," said Amit, who is registering his artificial intelligence-based cloud security firm Gomboc in Delaware. Michael Fertik, founder of Heroic Ventures, a Silicon Valley-based early-stage venture investor, has invested in more than a dozen Israeli startups since 2015. He insists on Delaware incorporation and existing Israeli startups seeking a new funding round from him must switch. But the Israeli government's judicial overhaul is casting a shadow for some. Adam Fisher, a partner at Bessemer Venture Partners and long-time investor in Israeli startups, has been happy to invest in Israeli-based tech firms over the past decade.

Persons: Amir Cohen, Benjamin, Ian Amit, Amit, Ami Applebaum, Yair Geva, Herzog, Fox, Neeman, Ronen Feldman, Michael Fertik, Adam Fisher, Fisher, Ayal Shenhav, Steven Scheer, Emily Rose, Mark Potter Organizations: U.S Embassy, REUTERS, Entrepreneurs, Reuters, Israel Innovation Authority, Ministry of Innovation, Science, Technology, Startup Nation, Heroic Ventures, Delaware C Corp, Bessemer Venture Partners, Gross, Co, TechAviv, Partners, Thomson Locations: Tel Aviv, Israel, JERUSALEM, United States, Delaware

☆ Why we're still reading 'The Body Keeps the Score' almost a decade later, according to author Bessel van der Kolk
▼ + stars: | 2023-08-14 | by ( Aditi Shrikant | ) www.cnbc.com time to read: +3 min

Bessel van der Kolk didn't think his book "The Body Keeps the Score" would be such a mainstream success. Van der Kolk is a psychiatrist and researcher who has worked with trauma survivors for more than 30 years. "There is no precedent for this type of book so, no, we didn't know it would be this popular," van der Kolk tells CNBC Make It. "What traumatized people suffer from is that people don't believe them or people minimize it or say, 'it didn't really happen,'" van der Kolk says. Fisher, who has worked with van der Kolk, emphasizes that "The Body Keeps the Score" remains relevant because of its content but also because of how it is written.

Persons: Bessel, Van der, Megan Fox, van, Janina Fisher, Trump, der Kolk, it's, Donald Trump's, van der Kolk, Kavanaugh, Fisher, van der Organizations: The New York Times, CNBC, United

We'll show you how to watch Joshua vs. Helenius live streams in the US, UK, Canada, and elsewhere. How to watch Joshua vs. Helenius live stream from anywhereDAZN will show Joshua vs. Helenius in most regions. How to watch Joshua vs. Helenius with a VPNSign up for a VPN if you don't have one. Joshua vs. Helenius and all the undercard bouts will commence on schedule at the O2 Arena. Joshua vs. Helenius fight scheduleHere are all the fights happening before the main event.

Persons: Anthony Joshua, Dillian Whyte, Robert Helenius, Joshua, We'd, It's, ExpressVPN, Whyte, VADA, Filip Hrgovic, Demsey McKean, Johnny Fisher, Harry Armstrong, Derek Chisora, Gerald Washington, Campbell Hatton, Tom Ansell, George Liddard, Brandon Scott, Louis Norman, Maiseyrose Courtney, Gemma Ruegg Organizations: O2, Voluntary, Doping, Joshua Locations: Canada, London, Italy, Spain, Germany, Austria, Switzerland, Brazil, Japan

☆ Bills' Damar Hamlin plays in first game since January cardiac arrest
▼ + stars: | 2023-08-12 | by ( ) www.reuters.com time to read: +1 min

Aug 12, 2023; Orchard Park, New York, USA; Buffalo Bills safety Damar Hamlin (3) tackles Indianapolis Colts running back Deon Jackson (35) running with the ball during the first half at Highmark Stadium. Mandatory Credit: Gregory Fisher-USA TODAY SportsAug 12 (Reuters) - Damar Hamlin competed in the Buffalo Bills' preseason opener on Saturday, marking the safety's first taste of competitive action since he suffered a cardiac arrest during an NFL game in early January. On his second defensive snap, Hamlin was credited with a solo tackle of running back Evan Hull for no gain, denying the Colts from converting a fourth-and-one at the Bill's 40-yard line. The 25-year-old Hamlin then made tackles on two consecutive plays during the Bills' next defensive series. He was discharged from hospital nine days after his cardiac arrest, and his remarkable recovery captivated the sporting world.

Persons: Damar Hamlin, Deon Jackson, Gregory Fisher, Hamlin, Evan Hull, Frank Pingue, Hugh Lawson Organizations: Buffalo Bills, Indianapolis Colts, USA, NFL, Buffalo, Colts, Bills, Cincinnati Bengals, Thomson Locations: Orchard, , New York, USA, Toronto

☆ Charles River says NHP supply snarls to no longer persist near-term
▼ + stars: | 2023-08-09 | by ( ) www.reuters.com time to read: +2 min

Aug 9 (Reuters) - Charles River Laboratories International (CRL.N) beat Wall Street estimates for second-quarter results on Wednesday, as the strong demand for contract researcher's tools and services cushioned the impact of suspended non-human primates' (NHP) shipment. The statement comes after Charles River in February suspended the shipment of NHPs from Cambodia as the Department of Justice and U.S. Fish and Wildlife Service investigated the company over smuggling of wild long-tailed macaques to the United States. The Massachusetts-based company tightened its full-year profit forecast to the range of $10.30 to $10.90 per share, compared with $9.90 to $10.90 previously expected. Excluding items, the company earned $2.69 per share in the quarter ended July 1, beating analysts' average estimate of $2.64 per share.

Persons: Charles River, Charles River's, Vaibhav Sadhamta, Shweta Agarwal Organizations: River Laboratories, Department of Justice, Fish, Wildlife Service, Thomson Locations: United States, NHPs, Cambodia, The Massachusetts

☆ US trucking firm Yellow files for bankruptcy after loading up on debt
▼ + stars: | 2023-08-07 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Rebecca Cook/File PhotoAug 6 (Reuters) - U.S. trucking firm Yellow Corp (YELL.O) filed for Chapter 11 bankruptcy protection on Sunday, burdened with a heavy debt load after a series of mergers and following tense contract negotiations with the Teamsters Union. The bankruptcy filing in a Delaware court lists estimated assets and liabilities of $1 billion to $10 billion and creditors of more than 100,000. Yellow's bankruptcy filing comes after Teamsters Union said late last month that it was notified that the company was ceasing operations. The company has been in contentious negotiations with the union over an internal restructuring initiative meant to boost efficiency. Yellow, saddled with liabilities from its purchases of Roadway in 2003 and USF in 2005, reported total debt of $1.5 billion last year, according to Refinitiv data.

Persons: Rebecca Cook, Darren Hawkins, Yellow, Donald Trump, Dietrich Knauth, Priyamvada, Juby Babu, Siddharth Cavale, Lisa Baertlein, Sriraj Kalluvila, Dhanya Ann Thoppil Organizations: REUTERS, Yellow Corp, Teamsters Union, YRC, Walmart, Uber, Teamsters, USF, Thomson Locations: Detroit , Michigan, U.S, Delaware, Kansas, New York, Bengaluru, Los Angeles

☆ Orioles stay hot, add to Mets' road woes
▼ + stars: | 2023-08-06 | by ( Field Level Media | ) www.reuters.com time to read: +2 min

[1/58] Aug 5, 2023; Baltimore, Maryland, USA; Baltimore Orioles pitcher Kyle Gibson (48) delivers a pitch during the first inning against the New York Mets at Oriole Park at Camden Yards. Kyle Gibson struck out nine in seven innings to become the Orioles' first 11-game winner of the season. Jeff McNeil hit a two-run home run and a run-scoring single for the Mets, who've lost five in a row. The American League East-leading Orioles jumped on top before the Mets recorded an out with Henderson's two-run home run. Brandon Nimmo and Francisco Lindor joined McNeil with two hits for the Mets, who've dropped their last six road games.

Persons: Kyle Gibson, Gregory Fisher, Gunnar Henderson, Anthony Santander, Gibson, Danny Coulombe, Yennier Cano, Jeff McNeil, who've, Tylor, Ryan O'Hearn, Jordan Westburg, Ramon Urias, Ryan McKenna's, Brandon Nimmo, Francisco Lindor Organizations: Baltimore Orioles, New York Mets, Oriole, Camden Yards, USA, Orioles, Baltimore, Mets, American League East, Santander, O'Hearn, Rutschman, McNeil, Thomson Locations: Baltimore , Maryland, USA, Baltimore, Santander

☆ Trucking firm Yellow considers asset sale through bankruptcy filing, Bloomberg reports
▼ + stars: | 2023-08-04 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Rebecca Cook/File PhotoAug 4 (Reuters) - Trucking firm Yellow (YELL.O) is considering a sale of assets and real estate through a bankruptcy filing, which may come as soon as this weekend, Bloomberg News reported on Friday, citing people with knowledge of the situation. The company's assets have attracted the interest of a potential financial bidder, the report said adding that the bankruptcy filing could turn into a liquidation. The stock has risen about 253% since the news of a potential bankruptcy that has been driving a retail investor fueled 'meme-stock' rally. The cash-strapped U.S. trucking company had ceased operations and was planning to file for bankruptcy after failing to reorganize and refinance over a billion dollars in debt, the Teamsters Union said on Sunday. Reporting by Manya Saini and Ananta Agarwal in Bengaluru;Editing by Arun KoyyurOur Standards: The Thomson Reuters Trust Principles.

Persons: Rebecca Cook, Manya Saini, Ananta Agarwal, Arun Koyyur Organizations: REUTERS, Bloomberg, Teamsters Union, YRC, U.S, Thomson Locations: Detroit , Michigan, Bengaluru

☆ Opinion | The Unsettled Debate at the Heart of the Henrietta Lacks Case
▼ + stars: | 2023-08-04 | by ( Peter Coy | ) www.nytimes.com time to read: +1 min

To an ordinary person, the answer is obviously yes. Lacks, a Black mother of five, was dying of cervical cancer in 1951 when doctors at Johns Hopkins Hospital in Baltimore biopsied tissues from her cervix. Whatever the case, cells from the research sample were later found to be highly valuable because they were the first that could divide indefinitely in a laboratory. And cells are “de-identified,” unlike Lacks’s cells, which are named HeLa to this day. What’s still debated is whether people have a legitimate ownership claim in the first place.

Persons: it’s, Henrietta Lacks, HeLa, What’s Organizations: Johns Hopkins Hospital Locations: Baltimore

☆ These are the most overweighted and underweighted stocks by socially conscious funds, according to Bernstein
▼ + stars: | 2023-08-02 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

A handful of the most well-known technology stocks are being somewhat ignored by socially conscious funds, according to Bernstein. Big technology names including Apple , Amazon , Meta , Microsoft and Alphabet were among the most underweighted stocks by North American funds that consider environmental, social and corporate governance factors when screening investment ideas. Big Tech has roared back to life this year, coming off 2022's selloff as investors bet on a better interest rate environment. Here are the 10 most underweighted stocks by North American funds: On the flip side, a wide swath of stocks accounted for the most held, relatively. Barclays analyst Craig Rye said the stock could actually benefit if hurricane season is worse than was previously expected.

Persons: Bernstein, Danaher, Craig Rye, Rye, —, Michael Bloom Organizations: Apple, Meta, Microsoft, North, Big Tech, Software, Nvidia, Insurance, Barclays, Fisher, Deere

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