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US banks’ surge in loans to private creditors may pose risks, Moody’s says

(Reuters) -U.S. banks’ loans to private credit providers have surged to nearly $300 billion, Moody’s said in a report on Tuesday, and the ratings agency warned that smaller lenders could face heightened risks if underwriting standards weaken. Loans to non-depository financial institutions (NDFIs) are now ...
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Republican John Sununu seeks to regain US Senate seat in New Hampshire

WASHINGTON (Reuters) -Republican John Sununu announced his bid to regain the New Hampshire U.S. Senate seat held by retiring Democrat Jeanne Shaheen on Wednesday, saying he wanted to “lower the temperature” in what he described as a dysfunctional and angry Washington. Sununu, 61, the son ...
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Alkermes enters sleep medicine market with $2.1 billion Avadel deal

(Reuters) -Alkermes said on Wednesday it will acquire Avadel Pharmaceuticals in a deal valued at up to $2.1 billion, gaining an approved sleep-disorder treatment and expanding into the sleep-medicine market. The deal gives Alkermes an entry into the sleep-medicine market with Avadel’s Lumryz, which is ...
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Boston Scientific lifts annual profit forecast on strong demand for heart devices

(Reuters) -Boston Scientific raised its annual profit forecast on Wednesday, after the medical device maker beat third-quarter profit estimates on strong demand for its heart devices. The company, which generates most of its revenue from heart devices such as pacemakers and stents, has benefited ...
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Health Rounds: mRNA COVID vaccines appear to make immunotherapy cancer drugs work better

(This is an excerpt of the Health Rounds newsletter, where we present latest medical studies on Tuesdays and Thursdays.) By Nancy Lapid (Reuters) -Cancer patients who received mRNA-based COVID vaccines within 100 days of starting treatment with widely used immunotherapies were twice as likely to ...
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Northern Trust profit beats estimates on higher fees, interest

(Reuters) -Northern Trust beat Wall Street expectations for third-quarter profit on Wednesday as it earned higher fees after rallying markets boosted the value of its underlying assets. Markets rallied through multiple record highs in the third quarter as AI stocks continued their surge, which along ...
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Staar Surgical’s top investor calls shareholder meeting to remove directors

(Reuters) -Medtech firm Staar Surgical’s biggest investor, Broadwood Partners, is planning to call a shareholder meeting to remove several directors, it said on Wednesday, amid tensions over a proposed takeover by Swiss eyecare firm Alcon. Investment firm Broadwood has 27.5% stake and has actively opposed ...
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During cold and flu season, the youngest kids really are the germiest

Forget colorful leaves. Any caregiver knows that the real signs of fall are kids with coughs, sneezes and sniffles. Autumn marks the start of respiratory virus season, when colds, flu and other bugs start circulating — especially among the very young. A recent study confirmed what ...
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Five 2026 vehicles you should absolutely wait for

Don’t buy that new car yet. If you can wait, you’ll have new 2026 model year options that aren’t out yet. Although some models barely change, others are completely redesigned and often get the latest features and improvements. Whether you’re interested in improved fuel ...
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AI can help the environment, even though it uses tremendous energy. Here are 5 ways how

Artificial intelligence has caused concern for its tremendous consumption of water and power. But scientists are also experimenting with ways that AI can help people and businesses use energy more efficiently and pollute less. Data centers needed to fuel AI accounted for about 1.5% of ...
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Thermo Fisher beats third-quarter estimates on strong demand for lab tools

(Reuters) -Medical equipment maker Thermo Fisher beat analysts’ estimates for third-quarter revenue and profit on Wednesday, owing to strong demand for its tools and technologies that are used to develop therapies. Contract research firms such as Thermo Fisher are seeing renewed demand as pharmaceutical companies ...
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Ex-US Sen. John E. Sununu enters GOP primary race in New Hampshire for the seat he lost in 2008

CONCORD, N.H. (AP) — New Hampshire Republican John E. Sununu announced a campaign for U.S. Senate on Wednesday, hoping to reclaim a seat he lost nearly two decades ago and boosting the GOP’s chances of regaining a foothold in a region overwhelmingly represented by ...
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