By Brendan O’Brien (Reuters) – A North Carolina county has agreed to settle a lawsuit and pay $3 million to the family of Andrew Brown Jr., a Black man who was shot and killed by deputies as he drove away from his home in 2021, the local sheriff said i…
Wall St slips after Target’s margin warning; inflation data eyed
By Devik Jain and Mehnaz Yasmin (Reuters) – U.S. stock indexes slipped in choppy trading on Tuesday as investors digested Target Corp’s gloomy margin forecast that spooked the retail sector, while awaiting inflation data due later this week. Shares of …
Omicron sub-variants BA.4 and BA.5 account for up to 13% of COVID variants in U.S. – CDC
(Reuters) – The BA.4 and BA.5 sub-variants of Omicron are estimated to make up nearly 5% and 8% of the coronavirus variants in the United States as of June 4, the U.S. Centers for Disease Control and Prevention (CDC) said on Tuesday. The two sublineage…
Bluebird bio’s blood disorder therapy effective – FDA staff
By Mrinalika Roy (Reuters) – Bluebird bio’s blood disorder treatment demonstrates “clinically meaningful” benefit in patients, staff reviewers at the U.S. Food and Drug Administration said in briefing documents published on Tuesday. The company has app…
Uvalde shooting, abortion ruling heighten U.S. extremist threats, DHS says
By Rami Ayyub WASHINGTON (Reuters) – A Texas school shooting, a looming Supreme Court decision on abortion and grievances about security at the U.S.-Mexico border could mobilize American extremists to violence, the Department of Homeland Security (DHS)…
U.S. FDA expert panel weighs Novavax COVID vaccine
By Michael Erman and Manas Mishra (Reuters) -Advisers to the U.S. Food and Drug Administration on Tuesday will vote on whether to recommend authorizing Novavax Inc’s COVID-19 vaccine, which the drugmaker hopes can become the shot of choice among some A…
Texas power use hits record for June, all-time peaks to come
By Scott DiSavino (Reuters) – Power demand in Texas broke the June record on Monday and will continue rising until it breaks the all-time high later this week as economic growth boosts overall usage and hot weather causes homes and businesses to crank …
Vatican unveils investment ethics body as corruption trial drags on
By Philip Pullella VATICAN CITY (Reuters) – The Vatican on Tuesday unveiled a committee to oversee the ethics of its investments, even as a corruption trial related to a botched London real estate deal in which it lost more than 200 millions euros cont…
Musk threatens to tear up Twitter deal over ‘material breach’
By Nivedita Balu (Reuters) – Elon Musk warned Twitter Inc on Monday that he might walk away from his $44 billion deal to acquire the social media company if it fails to provide the data on spam and fake accounts that he seeks. This was not the first ti…
Wells Fargo pauses diverse slate hiring policy after reports of fake job interviews
(Reuters) – Wells Fargo & Co is pausing a hiring policy that requires recruiters to interview a diverse pool of candidates, after the New York Times reported such interviews were often fake and conducted even though the job had already been promised to…