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Bank of America profit rises on investment banking strength

(Reuters) -Bank of America’s profit rose in the third quarter, as its investment bankers earned big from advising on mega deals, sending shares of the lender up more than 3% in trading before the bell. The bank and its ...
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European Commission fines Gucci, Chloé and Loewe $183 million for price interference

MILAN (AP) — The European Commission has fined luxury fashion houses Gucci, Chloé and Loewe over 157 million euros (nearly $183 million) for anti-competitive practices restricting independent retailers’ ability to set prices for their luxury goods. The commission said the ...
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Over 50 tons of cocaine seized by US Coast Guard in Pacific since August

(NEW YORK) -- The U.S. Coast Guard says that it has seized over 50 tons of cocaine in the Eastern Pacific Ocean since launching Operation Pacific Viper in early August, averaging nearly a ton daily.In total, 86 people suspected ...
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Lilly’s oral GLP-1 drug helps reduce blood sugar levels in late-stage trials

(Reuters) -Eli Lilly said on Wednesday its oral drug, orforglipron, helped reduce blood sugar levels in two late-stage trials. (Reporting by Sriparna Roy in Bengaluru; Editing by Shilpi Majumdar) Brought to you by www.srnnews.com
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Pelage Pharma raises $120 million to advance development of hair loss treatment

By Sneha S K and Sriparna Roy (Reuters) -Pelage Pharmaceuticals said on Wednesday it had closed a $120 million funding round to help advance the development of its novel hair loss treatment. The Series B financing round ...
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Ukrainian officials meet with US weapons manufacturers before Trump-Zelenskyy talks

KYIV, Ukraine (AP) — A Ukrainian government delegation has met with prominent American weapons manufacturers during a U.S. visit, a senior Kyiv official said Wednesday, before President Volodymyr Zelenskyy’s meeting with U.S. counterpart Donald Trump at the White House ...
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Edmunds small SUV comparison: New Volkswagen Tiguan vs. Honda CR-V

If you’re considering buying a new small SUV, there’s a good chance you’ll consider the Honda CR-V. The CR-V is among the most popular-selling models in the United States, and there are good reasons why. It’s practical, comfortable and ...
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Federal workers endure financial strain and fear layoffs as the government shutdown drags on

WASHINGTON (AP) — With every passing day of the government shutdown, hundreds of thousands of federal employees furloughed or working without pay face mounting financial strain. And now they are confronting new uncertainty with the Trump administration’s promised layoffs. Little ...
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Why a Supreme Court case from Louisiana will matter for the future of the Voting Rights Act

WASHINGTON (AP) — Voting rights activists were relieved in 2023 when, in a surprise to some, the Supreme Court upheld the most important remaining element of the Voting Rights Act. The ruling forced Alabama and later Louisiana to redraw their ...
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China’s Sicarrier unit unveils new chip design software, media reports

BEIJING (Reuters) -A subsidiary of SiCarrier, a Chinese chip equipment maker with close links to Huawei, unveiled two domestically developed software products for semiconductor designs, the latest move by China to reduce reliance on foreign technologies. Yunqifang, a subsidiary of ...
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The government shutdown is putting a renewed spotlight on the cracks in the US aviation system

A startling message came over the radio from an air traffic control tower near Los Angeles less than a week into the federal government shutdown: “The tower is closed due to staffing.” Without enough air traffic controllers to guide planes ...
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Rep. Seth Moulton says he will challenge Sen. Edward Markey for Massachusetts seat

BOSTON (AP) — U.S. Rep. Seth Moulton, a moderate Massachusetts Democrat, said Wednesday that he will challenge U.S. Sen. Edward Markey for the Democratic nomination in next year’s Senate race, arguing it’s time for the party to embrace a ...
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