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Factbox-Kenvue’s legal risks loom over planned acquisition by Kimberly-Clark

By Diana Novak Jones (Reuters) -Kimberly-Clark said on Monday it plans to acquire Band-Aid maker Kenvue, even as the latter company faces thousands of lawsuits involving its painkiller Tylenol and talc-based baby powder, raising questions about the scope of the liabilities Kimberly-Clark might inherit. Here is ...
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DHS proposes billion dollar expanded DNA testing for immigrants

(The Center Square) - The U.S. Department of Homeland Security issued a multibillion dollar proposal on Monday to increase biometric scanning during the immigration process. The proposal would expand the agency's authority to take fingerprints, DNA, facial and iris scans. ...
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Hims and Hers beats revenue estimates on strong subscriber growth

By Kamal Choudhury and Amina Niasse (Reuters) -Hims and Hers Health beat Wall Street estimates for third-quarter revenue on Monday, as the telehealth company added subscribers and expanded its personalized healthcare offerings. The company and rivals have launched programs that offer “personalized” versions of semaglutide, ...
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Vertex beats quarterly estimates on cystic fibrosis demand, new drugs

(Reuters) -Vertex Pharmaceuticals reported on Monday that it beat Wall Street estimates for third-quarter results, driven by strong demand for its cystic fibrosis treatments and early contributions from newer medicines. The Boston-based company reported total revenue of $3.08 billion for the quarter ended September 30, ...
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Air Lease Corp profits rise in third quarter ahead of acquisition by investor-led group

By Nandan Mandayam and Dan Catchpole (Reuters) -Aircraft lessor Air Lease reported higher third-quarter profit on Monday, helped by resilient aircraft rental revenue. Air Lease posted net profit of $135.4 million, or $1.21 per diluted share, in the July-September quarter, beating the year-ago period’s $0.82 per ...
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Kimberly-Clark’s $50 billion leap into health and beauty tests investor faith

By Jessica DiNapoli and Abigail Summerville NEW YORK (Reuters) -Kimberly-Clark’s nearly $50 billion offer for Tylenol maker Kenvue is a risky bet that the world’s biggest consumer market, the United States, will keep growing even as lower-income shoppers trim their budgets, according to analysts. The cash-and-stock ...
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University of Pennsylvania says it has called FBI over data breach

By Raphael Satter WASHINGTON (Reuters) -The University of Pennsylvania says it has called in the Federal Bureau of Investigation after offensive emails were distributed to alumni. In a statement, the university said that a data breach had affected “select information systems.” “We are working with law ...
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Coterra Energy misses quarterly profit, raises 2025 production forecast

(Reuters) -Oil and gas firm Coterra Energy missed Wall Street estimates for third-quarter profit on Monday, as lower oil prices offset a jump in production, but raised its annual production forecast. Shares of the company were down 3% at $23.66 in after-market trading. U.S. President Donald ...
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Simon Property Group raises annual real estate FFO forecast on resilient leasing demand

(Reuters) -Commercial real estate investment trust Simon Property Group raised full-year forecast for real estate funds from operations on Monday, driven by resilient leasing demand across its shopping centers. The mall operator, which counts LVMH, the luxury conglomerate behind Louis Vuitton and Tiffany & Co, ...
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Sarepta’s Duchenne gene therapy misses main goal in late-stage study; shares fall

(Reuters) -Sarepta said on Monday that its late-stage study testing two gene-targeted therapies for Duchenne muscular dystrophy did not meet the main goal, sending its shares plummeting 21% in extended trading. The study tested casimersen and golodirsen in 225 boys aged 6 to 13 ...
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Trump administration resumes visa processing despite shutdown

(The Center Square) - After a month of halted operations, the U.S. Department of Labor will begin processing necessary documents for visa and permanent resident applications again. While agencies ...
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Courts order ICE not to deport man who spent 43 years in prison before murder case overturned

PHILADELPHIA (AP) — Two separate courts have ordered immigration officials not to deport a Pennsylvania man who spent four decades in prison before his murder conviction was overturned. Subramanyam Vedam, 64, is currently detained at a short-term holding center in Alexandria, Louisiana, that’s equipped with ...
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