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Big Pharma M&A set for mega year as patent expiries drive deal urgency

By Christy Santhosh and Sriparna Roy May 1 (Reuters) - Biotech dealmaking is on pace for a bumper year in 2026, with large drugmakers on an acquisition spree to boost their pipelines ahead of upcoming patent losses. The surge appears broader and more durable than just ...
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AIG keeps private credit in check to shield portfolio from industry jitters; shares rise

By Pritam Biswas May 1 (Reuters) - AIG has pared back its private credit activity amid current market conditions, the insurer's finance chief said on Friday, helping reassure investors and pushing its shares up about 5% in early trading. Elevated default rates have put big asset ...
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US FDA taps Szarama as acting head of vaccine unit

By Kamal Choudhury May 1 (Reuters) - The U.S. Food and Drug Administration has named Katherine Szarama as the acting director of its vaccines and biologics unit, a Health and Human Services official told Reuters on Friday, replacing Vinay Prasad, whose turbulent tenure came to ...
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China has now dropped tariffs on imports from every African country except 1

CAPE TOWN, South Africa (AP) - A China policy giving Africa's biggest economies tariff-free access to its market for the next two years came into effect Friday while its economic rival the United States seeks to impose new import taxes under President Donald Trump's ...
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Fed’s Logan says central bank’s next rate move could be cut or hike

By Michael S. Derby May 1 (Reuters) - Federal Reserve Bank of Dallas President Lorie Logan said on Friday uncertainty over the outlook and ongoing concerns about inflation means the central bank should not be sending signals that the next policy move will be a ...
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Dixon Police Final Report on River Recovery

Dixon Police Final Report on River Recovery On April 24th,  the Dixon Police Department was contacted in reference to a deceased body located in the Rock River near Sterling, Illinois. Dixon Police Department detectives confirmed it was the body of the missing person, London Thomas. Chief ...
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Kewanee Police Arrest and Citation Report for 05-01-2026

From: 2026-04-30 To: 2026-05-01 -------------------------------------------------------------------------------- Time: 04/30 - 01:11 Dept: KPD Location: 200 BLK OF E 7TH ST, KEWANEE DISTURBANCE - OTHER Responding Agencies: -POLICE,KEWANEE-POLICE Disposition Response: RESOLVEDStatus: CLS -------------------------------------------------------------------------------- Time: 04/30 - 02:34 Dept: KPD Location: 600 BLK OF E CHURCH ST, KEWANEE AMBULANCE - EMERGENCY Responding Agencies: KEWANEE-EMS,KEWANEE-POLICE Disposition Response: RESOLVEDStatus: CLS -------------------------------------------------------------------------------- Time: ...
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Analysis-Sell in May and go away? Not so fast, investors

By Saqib Iqbal Ahmed NEW YORK, May 1 (Reuters) - Blindly following the old Wall Street adage "sell in May and go away" may prove costly, as investors weigh whether to call time on a powerful market recovery heading into a historically turbulent stretch of ...
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Chevron’s upstream strength lifts first-quarter earnings past estimate

By Sheila Dang HOUSTON, May 1 (Reuters) - Chevron exceeded Wall Street estimates for its first-quarter earnings on Friday, as elevated oil prices linked to the U.S.-Israeli war on Iran helped boost results from its upstream business. The company reported adjusted earnings of $1.41 per share, ...
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Peltz’s Trian urges Solventum to rightsize costs, divest non-core businesses

April 30 (Reuters) - Nelson Peltz's Trian Fund Management on Thursday called on Solventum to rightsize overhead costs, divest non-core businesses and improve capital allocation in its latest appeal for a performance turnaround at the medical device maker. Over the last 18 months, Trian, which ...
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Deere names insider Brent Norwood as finance chief

May 1 (Reuters) - Tractor maker Deere on Friday named company insider Brent Norwood as its chief financial officer, following the departure of long-time finance chief Joshua Jepsen in February. Norwood, who was most recently the vice president and finance director for Deere's Construction and ...
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Roblox shares plunge as forecast cut signals safety measures weighing on user growth

May 1 (Reuters) - Roblox shares plunged 24% in premarket trading on Friday after the company lowered its annual bookings forecast, raising concerns that new safety measures could weigh on user growth for several quarters. The videogame platform warned of "continued short-term friction" from new ...
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