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Rigel strikes licensing deal for Pfizer and Arvinas’ breast cancer drug

May 12 (Reuters) - Rigel Pharmaceuticals said on Tuesday it has struck a global licensing deal for Arvinas and Pfizer's recently approved breast cancer drug, marking Rigel's fourth commercial product on the market. Shares of Rigel were up over ...
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Indian drugmaker Dr Reddy’s quarterly profit slumps on cancer therapy impairments

HYDERABAD, May 12 (Reuters) - Indian drugmaker Dr Reddy's reported an 86% slump in quarterly profit on Tuesday, hurt by an impairment charge linked to its discontinued cancer therapy program. Consolidated net profit dropped to 2.21 billion rupees ($23.1 ...
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Online seller eBay rejects GameStop’s $56 billion takeover offer

Online seller eBay is rejecting an unsolicited $56 billion takeover offer from GameStop, calling the proposal "neither credible or attractive." Ryan Cohen's GameStop disclosed earlier this month that it was pursuing a takeover of eBay, seeing it as a vehicle ...
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US consumer prices jump as Iran war sends energy prices rapidly higher

WASHINGTON (AP) - U.S. consumer prices climbed sharply again last month as the 10-week war with Iran pushed energy prices higher. The Labor Department's consumer price index rose 3.8% from April 2025, according to data released Tuesday. On a ...
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85-year-old French widow caught in Trump’s immigration crackdown describes her detention

ORVAULT, France (AP) - At night, silence fell over the Louisiana immigration detention facility where 85-year-old Marie-Thérèse Ross was held. Then the wailing began. ''Children crying, and even babies," said Ross, the French widow of a U.S. military veteran, whose ...
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Inflation report to show latest prices as fuel costs surge amid Iran war

(NEW YORK) -- An inflation report on Tuesday will provide a fresh gauge of prices as the Iran war ratchets up costs for gasoline, airfares and other expenses.Economists expect consumer prices to have risen 3.8% in April, when a ...
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A new name for PCOS, the most common cause of infertility

By Nancy Lapid May 12 (Reuters) - A disorder that affects 170 million women worldwide and is the leading cause of infertility known as polycystic ovary syndrome, or PCOS, is being renamed to improve diagnosis and care, researchers announced on ...
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Spain reports new hantavirus case in passenger evacuated from cruise ship as outbreak grows to 11

THE HAGUE, Netherlands (AP) - A Spanish passenger evacuated from the cruise ship at the center of a hantavirus outbreak has tested positive for the virus, Spain's health ministry announced Tuesday. The World Health Organization said it has confirmed 11 ...
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Democrats battle for open Omaha House seat as Republicans aim to hold majority

By Nolan D. McCaskill WASHINGTON, May 12 (Reuters) - Voters in Nebraska's 2nd Congressional District head to the polls on Tuesday to select their nominees to replace outgoing Republican Representative Don Bacon. The open Omaha-area seat is one of Democrats' best ...
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The Latest: Starmer fights for political survival as calls for his resignation grow in UK

U.K. Prime Minister Keir Starmer is fighting for his political survival after a disastrous set of results in local elections for his Labour Party last week. Dozens of Labour lawmakers are calling on Starmer to resign. A resignation announcement could ...
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Hegseth is facing a new round of questioning from Congress on the Iran war and more

WASHINGTON (AP) - Defense Secretary Pete Hegseth will face a new round of questioning from lawmakers over the Iran war Tuesday, including some Republicans who have expressed concerns over the length of the conflict and its lack of congressional ...
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Amazon looks to redefine a need for speed with 30-minute deliveries

NEW YORK (AP) - More than 20 years after it redefined fast shipping, Amazon is preparing to raise the bar on consumer expectations again by offering to fulfill customers' most urgent product needs in a half-hour or less for ...
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