NEW YORK (Reuters) - Amgen Inc (AMGN.O) said it expects to incur tax expenses of $6 billion to $6.5 billion over time as it repatriates cash it has accumulated around the world because of the new U.S. tax law signed by President Donald Trump on Friday. Some of...
(Reuters) - Ocular Therapeutix Inc said on Friday the U.S. Securities and Exchange Commission (SEC) had issued a subpoena seeking information about the company’s eye-pain drug Dextenza. Shares of the company were down 7.2 percent at $4.25 in after-marketing trading. The subpoena included a request to furnish Dextenza-related...
(Reuters) - Time Warner Inc’s CNN will stop producing its daily show on Snap Inc’s Snapchat app, called the “The Update”, from 2018, the two companies said on Friday. CNN began streaming the daily show on Snapchat in August, featuring at least five news...
LOS ANGELES (Reuters) - Actor Sylvester Stallone on Thursday denied an accusation that he raped a woman in the 1990s and said the allegation was “completely fabricated.” Celebrity news site TMZ reported on Wednesday, citing law enforcement sources, that a woman had recently reported the allegation dating back...
CHICAGO (Reuters) - The U.S. government on Tuesday lifted a 2014 temporary ban on funding research involving the flu and other pathogens in which scientists deliberately make them more transmissible or more deadly. The ban covered federal funding for any new so-called “gain-of-function” experiments that enhance pathogens such...
WASHINGTON (Reuters) - U.S. President Donald Trump signed Republicans’ massive $1.5 trillion tax overhaul into law on Friday, cementing the biggest legislative victory of his first year in office, and also approved a short-term spending bill that averts a possible government shutdown. Trump said he wanted to sign...
(Reuters) - UnitedHealth Group Inc (UNH.N) said on Friday it signed a definitive agreement to buy Chilean healthcare company Banmedica SA BAN.SN for $2.8 billion, expanding the health insurer’s footprint in South America. Banmedica operates health insurance, clinics and other services. UnitedHealth will offer 2,150 pesos per share...
(Reuters Health) - People who take a certain water pill prescribed to control fluid retention and treat high blood pressure may be more likely to get skin cancer than other individuals, a Danish study suggests. While the drug, hydrochlorothiazide, has long been linked to an increased risk...
NEW YORK (Reuters) - Stocks that surged in recent weeks because of the cryptocurrency mania have managed to hold onto most of their gains despite the recent retreat in the price of bitcoin and scepticism from market participants. A Reuters analysis of 17 stocks of companies that...
(Reuters) - U.S. broadcaster Dick Enberg, who charmed sports fans with his “Oh My!” declaration as he called some of the most memorable sporting events during the last five decades, died on Thursday, ESPN reported. He was 82. Enberg was found dead at his home in San...