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Pfizer invests $500 million in expanding gene therapy facility
News ImageThe investment will add additional capacity and capabilities to a facility that makes some of Pfizer's most closely watched experimental treatments. The Sanford plant manufactures therapies used for the company's late-stage experimental treatments for Duchenne Muscular Dystrophy (DMD) and hemophilia B therapies, among other gene therapies.
Wed, 21 Aug 2019 10:16:13 -0400
Portugal truckers plan another strike, risking gas supplies
News ImagePortuguese tanker truck drivers have announced a new walkout, just days after returning to work and resuming talks with employers in a pay dispute. The Hazardous Materials Drivers Union said Wednesday its about 750 members from a total of some 900 in Portugal will refuse to work overtime and on weekends and public holidays Sept. 7-22. The union says truckers work many overtime hours to keep the country's 3,000 gas stations stocked.
Wed, 21 Aug 2019 10:13:37 -0400
Nigeria's three-year milestone takes Africa towards polio eradication
News ImageABUJA/LONDON (Reuters) - Nigeria marked three years free of endemic wild polio on Wednesday with health officials saying the nation's progress in fighting the crippling viral disease could result in the whole of Africa being declared polio-free early next year. The three-year milestone sets in motion a continent-wide process to ensure that all 47 countries of the World Health Organization's African region have eradicated the virus, health officials said. Africa's last case of wild polio was recorded in Nigeria's Borno State in August 2016.
Wed, 21 Aug 2019 10:11:21 -0400
Alex and Ani drops $1.2 billion suit against Bank of America
News ImageThe Providence Journal reports the Rhode Island company agreed to voluntarily dismiss the suit after reaching a confidential agreement with the Charlotte, North Carolina, bank. The lawsuit, filed in federal court in New York, had accused Bank of America of trying to push women out of leadership roles at the company. It also argued the bank wrongly placed Alex and Ani in default of a $170 million loan and froze a $50 million revolving line of credit.
Wed, 21 Aug 2019 10:07:04 -0400
US STOCKS-Target, Lowe's earnings push Wall Street higher
US STOCKS-Target, Lowe's earnings push Wall Street higherU.S. stocks rose broadly on Wednesday following upbeat retail earnings from Lowe's and Target, while investors awaited release of the Fed minutes for further clues on the path of future rate cuts. Big-box retailer Target Corp surged 16.3%, the most on the S&P 500 index, after it beat quarterly profit estimates and raised its annual earnings forecast. Following closely behind with a 11.4% jump were shares of home improvement chain Lowe's Cos Inc as it joined bigger rival Home Depot Inc in beating profit estimates.
Wed, 21 Aug 2019 10:01:47 -0400
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