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The Supreme Court gave itself more time to consider whether to allow restrictions on abortion pill mifepristone to take effect. Legal challenges to mifepristone's FDA approval continue. The justices had given themselves a deadline on Wednesday in a fast-moving case from Texas in which abortion opponents are seeking to roll back FDA approval mifepristone. Even as the abortion landscape changed dramatically in several states, abortion opponents set their sights on medication abortions, which make up more than half of all abortions in the United States. Mifepristone has been available for use in medication abortions in the United States since the FDA granted approval in 2000.
The fallout sent traders scaling back their bets on how much further the Fed would continue raising interest rates, sparking a sharp rally in Fed funds futures and sending the U.S. dollar tumbling. The greenback was nursing deep losses from the previous session in early Asia trade, and was last marginally higher against the Japanese yen at 133.42, having slid 1.4% on Monday. Similarly, sterling edged 0.19% lower to $1.2159, though it remained near its one-month peak of $1.2200 hit in the previous session. The Fed's rate hikes and expectations of how much higher U.S. rates would go have been a huge driver of the dollar's rally. The Aussie fell 0.29% to $0.6648, reversing some of its 1.3% jump in the previous session, while the kiwi shed 0.18% to stand at $0.6209, having similarly surged 1.4% on Monday.
The fallout sent traders scaling back their bets on how much further the Fed would continue raising interest rates, sparking a sharp rally in Fed funds futures and sending the U.S. dollar tumbling. The greenback was nursing deep losses from the previous session in early Asia trade, and was last marginally higher against the Japanese yen at 133.42, having slid 1.4% on Monday. Similarly, sterling edged 0.19% lower to $1.2159, though it remained near its one-month peak of $1.2200 hit in the previous session. The Fed's rate hikes and expectations of how much higher U.S. rates would go have been a huge driver of the dollar's rally. The Aussie fell 0.29% to $0.6648, reversing some of its 1.3% jump in the previous session, while the kiwi shed 0.18% to stand at $0.6209, having similarly surged 1.4% on Monday.
Big names in Silicon Valley and the finance sector are calling publicly for the federal government to push another bank to assume Silicon Valley Bank's assets and obligations after the financial institution failed on Friday. But the vast majority of SVB's customers were businesses that had more than that on deposit at the bank. As of December, more than 95% of the bank's deposits were uninsured, according to regulatory filings. Investors are concerned that these failures could reduce confidence in the banking sector, particularly mid-sized banks with under $250 billion in deposits. "This was a hysteria-induced bank run caused by VCs," Ryan Falvey, a fintech investor at Restive Ventures, told CNBC on Friday.
West Virginia's attorney general is urging a judge to dismiss a lawsuit seeking to overturn the state's restrictions on the abortion pill. GenBioPro sued West Virginia in January, arguing that the Food and Drug Administration's powers to approve and regulate medications pre-empt the state's restrictions on the abortion pill. GenBioPro has asked the court to declare unconstitutional West Virginia's law that bans abortion with a few exceptions. West Virginia does not allow patients to obtain a prescription for mifepristone through telemedicine appointments. "West Virginia retains the police power to regulate how drugs may be prescribed and dispensed by medical professionals," Morrisey argued.
Bryant objected to North Carolina requirements that patients obtain abortion pills only in person from physicians in specially certified facilities, and undergo as state-mandated counseling at least 72 hours before having abortions. The offices of West Virginia Attorney General Patrick Morrisey and North Carolina Attorney General Josh Stein did not immediately respond to requests for comment. The West Virginia lawsuit was reported earlier by The New York Times, and the North Carolina lawsuit by ABC News. The cases are GenBioPro Inc v Sorsaia et al, U.S. District Court, Southern District of West Virginia, No. 23-00058; and Bryant v Stein et al, U.S. District Court, Middle District of North Carolina, No.
Companies Genbiopro Inc FollowJan 25 (Reuters) - A maker of abortion pills and a doctor have filed lawsuits challenging state restrictions on the medication, in the first lawsuits of their kind since the U.S. Supreme Court overturned the federal constitutional right to abortion. The doctor, Amy Bryant, filed a separate lawsuit in the federal court in Durham, North Carolina, challenging state-imposed restrictions on obtaining mifepristone, which she said impeded her ability to treat patients. Medication abortions make up more than half of U.S. abortions. Misoprostol is the second drug of the two-drug regimen for medication abortion. Twelve states now ban nearly all abortions, including medication abortions.
The Alliance for Hippocratic Medicine asked a federal district court in Dallas late last year to declare the FDA approval unlawful and completely remove the abortion pill from the U.S. market. If the lawsuit prevails, women across the U.S. would lose access, at least temporarily, to the most commonly used abortion method. Judge Matthew Kacsmaryk is hearing the challenge to the FDA's approval of the abortion pill. Lawrence Gostin, an expert on public health law at Georgetown Law, said it would be "highly irresponsible" and "reckless" for a judge to overturn the FDA approval of mifepristone. Under federal law, lawsuits against the U.S. government must be filed within six years of an agency action.
Moving species to save them — once considered taboo — is quickly gaining traction as climate change upends habitats. Concerns persist that the novel practice could cause unintended harm the same way invasive plants and animals have wreaked havoc on native species. “Climate change is causing a greater need for this — for taking a species outside its known historical range.”A pending change to the U.S. “In the future, some species’ ranges may shift due to climate change, or their current habitats might become unsuitable due to invasive species encroachment,” Armstrong said in an email. Humanity has been moving species around for centuries, often inadvertently and sometimes causing great harm.
WASHINGTON, Jan 3 (Reuters) - Retail pharmacies will now be allowed to offer abortion pills in the United States under a regulatory change made by the Food and Drug Administration on Tuesday, the two companies that make the pills said on Tuesday. Pharmacies can apply for certification to distribute mifepristone with the drugmakers and if successful will be able to dispense it directly to patients upon receiving a prescription from a certified prescriber, said Danco Laboratories, one of two companies that make mifepristone. The announcement will not provide equal access to all people, however, GenBioPro, which makes the generic version of mifepristone, said in a statement. Retail pharmacies will have to weigh whether or not to offer the pill and determine where they can do so. Reporting by Eric Beech and Ahmed Aboulenein in Washington, Shivani Tanna and Rahat Sandhu in Bengaluru; Editing by Himani SarkarOur Standards: The Thomson Reuters Trust Principles.
European shares slip as COVID surge in China weighs
  + stars: | 2022-12-29 | by ( ) www.reuters.com   time to read: +1 min
The region-wide STOXX 600 (.STOXX) fell 0.4%. China-exposed luxury firms such as LVMH (LVMH.PA) and Richemont (CFR.S) weighed on the European index in early trading. Energy stocks (.SXEP) fell 0.6%, while miners (.SXPP) dipped 0.3%, tracking weakness in commodity prices. Consumer staples such as Nestle (NESN.S) and L'Oreal SA (OREP.PA) fell 1.2% and 0.5%, respectively. Reporting by Bansari Mayur Kamdar in Bengaluru; editing by Uttaresh.VOur Standards: The Thomson Reuters Trust Principles.
U.S. FDA changes Plan B label to say it does not cause abortion
  + stars: | 2022-12-23 | by ( ) www.reuters.com   time to read: +1 min
The consumer information distributed with the morning after pill known as Plan B One-Step, which has been available over the counter for everyone since 2013, now makes clear its mechanism of action does not alter the implantantion of an egg. It explains that Plan B One-Step works before the release of an egg from the ovary and as a result, usually stops or delays the release of an egg. The FDA also issued an updated question-and-answer section on its website, where the question "Is Plan B One-Step an abortifacient (causing abortion)" is answered with "No." The FDA said that current science suggests Plan B One-Step works by inhibiting or delaying ovulation and midcycle hormonal changes. Foundation Consumer Healthcare, which owns the Plan B brand, had requested approval to modify some of the mechanism of action information on the label, the U.S. Food and Drug Administration (FDA) said.
Even home remedies such as canned peaches are being snapped up by people looking for ways to fight Covid. Macao is another special administrative region of China, while Zhuhai is a southern mainland Chinese city which it borders. Current rules don’t allow medicines to be mailed directly from Hong Kong to mainland China, according to the salespersons. Sending agents directly from Hong Kong, which also shares a land border with the mainland, isn’t feasible due to a lack of available agents, Simon said. In Macao, the drug regulator ordered pharmacies last week to limit purchases of pain relievers, fever medicines and antigen test kits.
An American college student who was reported missing during a study abroad trip in France has been reunited with his mother and is heading back to the United States, authorities said Saturday. DeLand had gone missing last month but made contact with his parents on Friday morning from Spain. They said at the time that they had last heard from DeLand on Nov. 27 via WhatsApp, a text message and calling app. The 22-year-old went to class on Nov. 28, his family had said. The following day, he left his host family’s home and boarded a train for Valence, France, packing a small bag that held his cellphone, food, wallet and a change of clothes.
An American college student who was reported missing during a study abroad trip in France is alive in Spain, his family and officials said Friday. A spokesperson for the Grenoble public prosecutor’s office said prosecutor Eric Vaillant told French media that Ken DeLand Jr. had been able to speak with his parents. The family said on a website dedicated to finding DeLand that he called them early Friday morning. On the website, the family thanked news outlets, saying: "Without the media’s help, Kenny would not have seen himself in the news." DeLand was reported missing last month while studying at the University Grenoble Alpes in France, his family said in an older post on the website.
Nickelodeon legend Kel Mitchell spoke to Insider this week about his career and the upcoming sequel to "Good Burger." The two also co-starred in "Good Burger," a 1997 comedy film that's become a cult classic among millennials and Gen Zers. Scholastic/PBS; Titmouse/Disney Television AnimationSpeaking of animated work, last year, Brian Robbins [director of "Good Burger" and Paramount Pictures CEO] said that he wanted to create a "Good Burger" animated series. I met a couple that said that [seeing "Good Burger"] was their first date, and then they got married, and now every anniversary they go and see "Good Burger" because it's part of their life, so it's so deep to me. Ex-Nickelodeon producer Dan Schneider (top-left) posing for a photo with Kel Mitchell and the cast of the show "Game Shakers."
"We've been too naïve ... for far too long," a justice ministry spokesperson said, referring to what he called clandestine operations by foreign powers in Belgium. The other three suspects arrested and charged last week were meanwhile questioned, as planned, on Wednesday by a three-judge panel. Niccolo Figa-Talamanca, the secretary-general of a rule of law campaign group, will leave jail but wear an electronic ankle tag. The European Parliament on Tuesday voted to strip Kaili, a 44-year old Greek Socialist MEP, of her vice presidency role. Although no state was publicly named by prosecutors, a source with knowledge of the case said it was Qatar.
Kimberly Guilfoyle said she is very "traditional" in her relationship with Donald Trump Jr. "I love taking care of Don, the way I saw my mother lovingly take care of my father," Guilfoyle told Metropolitan Palm Beach magazine. Guilfoyle told the magazine she said that they had known each other for years before they became a couple. Guilfoyle told the interviewee the couple had moved to Palm Beach to be closer to the Trump extended family. Guilfoyle was reportedly considered for the White House Press Secretary role in 2016 and later became an advisor to former President Donald Trump during his 2020 campaign.
By 1993, Colombian authorities, the US government, and rival criminals were all after Pablo Escobar. "Perseguidos por Pablo Escobar," or People Persecuted by Pablo Escobar — known as Los Pepes — was made up of rival drug traffickers, paramilitaries, and others scorned by the Medellín cartel boss. His son, Juan Pablo Escobar Henao, who has changed his name to Sebastián Marroquín, has insisted that his father took his own life on that Medellín rooftop. "I have no doubt" that Pablo Escobar planned his own death, Marroquín said in a 2014 interview. The question of who killed Pablo Escobar is likely to go unresolved, probably by design.
PARIS, Nov 24 (Reuters) - Shares in Remy Cointreau (RCOP.PA) fell as much as 4% on Thursday after the French spirits maker said it was "cautiously optimistic" about the Chinese market where COVID-19 continues to trigger lockdowns. CEO Eric Vallat said he was "cautiously optimistic" about business prospects in China ahead of the Chinese New Year as on-again, off-again lockdowns clouded the outlook. "In China, we are making sure we are flexible, so far we have adapted successfully to the situation," he said. Remy Cointreau shares were down 1.4% at 1058 GMT having fallen as much as 4%. The company has seen two years of exceptional growth as the pandemic accelerated a shift towards premium drinks, cocktails and e-commerce as people drank more expensive drinks at home.
PARIS, Nov 24 (Reuters) - France's Remy Cointreau (RCOP.PA) reported a stronger-than-expected 27% jump in first-half operating profit and kept its guidance for a slower second half, saying consumption trends were returning to more normal levels. Chief Executive Eric Vallat also said he was "cautiously optimistic" about business in China, a key market, in the short-term although visibility was low due to on-and-off lockdowns. Remy Cointreau shares fell 2.9% in morning trade. Vallat added he was confident in China in the longer-term due to strong appetite there for its premium cognacs. Operating profit at its cognac division, which accounts for nearly 90% of group profit, surged 36% to 299.7 million euros in the first half.
Germany slammed comments from Boris Johnson about its attitude to Russia's invasion of Ukraine. Johnson said on Monday that Germany initially wanted Ukraine to "fold" to get it over quickly. Hebestreit pointed to Germany's military support to Ukraine as evidence that it did not want it to lose. Despite being politically embattled domestically throughout the Ukraine conflict, Johnson developed close ties with President Volodymyr Zelenskyy before he stepped down and was widely celebrated in Ukraine. Ultimately, Johnson told CNN, the EU has "done brilliantly" despite his initial "anxiety" about member states' reactions to Putin's aggression.
And he actually moved out to California for a while and worked on some small sets,” Chad told Dateline. Arndt told Dateline. Arndt told Dateline. “They've done a limited amount of checking or processing on that room years and years later,” Chad told Dateline. Arndt told Dateline.
A view shows a Baccarat crystal perfume bottle made for Maison Psyche fragrance, a luxury perfume by French spirits group Remy Cointreau in this picture released by Remy Cointreau on October 21, 2022. Alice Fenwick - Remy Cointreau/Handout via REUTERSPARIS, Oct 21 (Reuters) - Known for its prized Louis XIII cognac, Remy Cointreau (RCOP.PA) is entering the luxury fragrance market with the launch of Maison Psyche, an upscale perfume house that will sell scents starting at 5,500 euros a bottle. The French spirits group will draw on its experience in blending and ageing spirits, as well as marketing to high end clientele, as it seeks to tap into affluent consumers' thirst for exclusivity. The new business could be “potentially strategic,” Remy Cointreau chief executive Eric Vallat told Reuters. Remy Cointreau's Maison Psyche was born from the collaboration of Baptiste Loiseau, Cellar Master of Remy Martin and Sophie Labbe, Principal Perfumer of Switzerland's fragrance group Firmenich.
The cost of insulin remains a barrier for many Americans with diabetes who depend on the drug, research published Monday suggests. It was the first time that the CDC had included questions about insulin use, though concerns about sky-high insulin prices have been reported for years. Meanwhile, those with public health coverage, such as Medicaid and Medicare, had the lowest rates of rationing. According to the American Diabetes Association, people with type 1 diabetes need, on average, two to three vials per month. He said the "most ambitious" proposal he would like to see in the U.S. is universal health coverage with no copays for consumers.
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