California oil spill cause probed, ship anchor cited as possibility

HUNTINGTON BEACH, Calif. (Reuters) -More oil from a massive offshore spill landed on the southern California shore on Monday, with beaches closed and dead fish and birds washing up on shore as officials investigated whether a ship anchor striking a pipeline could have triggered the leak. Crews dressed in white coveralls and helmets raced against an approaching storm as they […]

Read more

RedHill Says Phase 2/3 Data Shows 62% Reduction In Mortality With Oral Opaganib In COVID-19 Patients

Biopharmaceutical company RedHill Biopharma Ltd. (RDHL) reported Monday new data from the opaganib global Phase 2/3 study in hospitalized patients with severe COVID-19 pneumonia. The treatment with oral opaganib (ABC294640) vs. the placebo-controlled arm resulted in a 62% statistically significant reduction in mortality as well as statistically significant improved outcomes in time to room air and median time to hospital […]

Read more

Rupee falls 19 paise to close at 74.31 against U.S. dollar

On Friday, the rupee had settled at 74.12 against the U.S. dollar. The rupee tumbled 19 paise to close at 74.31 against the U.S. dollar on Monday as a stronger greenback against key rivals and rising crude oil prices weighed on investor sentiment. At the interbank Foreign exchange market, the local currency opened at 74.16 and witnessed an intra-day high […]

Read more

U.S. Democrats to pare climate, social spending; no clear target

WASHINGTON (Reuters) -Congressional Democrats face the hard work of paring back the White House’s sweeping infrastructure and social agenda in the week ahead, but have yet to agree on a target size for their multi-trillion dollar spending bill. Democrats saidhere Friday that their sweeping bill intended to bolster the social safety net and fight climate change will need to be […]

Read more

Stocks making the biggest moves premarket: CarMax, McCormick, fuboTV, Merck and more

Check out the companies making headlines before the bell: CarMax (KMX) – The auto retailer missed estimates by 18 cents with quarterly earnings of $1.72 per share, although revenue topped analyst projections. Comparable pre-owned car sales rose 6.2%, less than the 7.3% estimate of analysts surveyed by StreetAccount. CarMax tumbled 7.1% in the premarket. McCormick (MKC) – The spice maker […]

Read more

Stocks making the biggest moves midday: Merck, Moderna, United Airlines and more

Check out the companies making headlines in midday trading. Merck — Shares surged more than 9% after it announced its new antiviral pill cut the risk of death or hospitalization by 50% for Covid patients. The pharmaceutical company plans to file for emergency use authorization. Moderna, Regeneron — Companies with other Covid-19 drugs fell after Merck's oral pill showed positive data […]

Read more
1 132 133 134 135 136 434