The U.S. Food and Drug Administration on Tuesday took two decisive actions focused on food chemical safety. First, the agency finalized its new proactive food chemical safety post-market assessment program. Second, the FDA launched reassessments of butylated hydroxytoluene (BHT) and azodicarbonamide...
Notably higher Nasdaq futures points to a firm start for tech stocks on Wall Street on Wednesday. The U.S. stock market is seen opening on a mixed note on Wednesday. Tech stocks are likely to move higher, rebounding from previous session's decline.
Shares of Merck KGaA were gaining around 8 percent in German trading after the science and technology major on Wednesday lifted its fiscal 2026 guidance and maintained mid-term view, despite weak first-quarter results. Looking ahead for fiscal 2006, Merck now anticipates net sales between 20.4 billion euros and 21.4 billion euros, and EBITDA pre between 5.7 billion euros and 6.1 billion euros.
U.S. Transportation Secretary Sean P. Duffy has announced that United Airlines would resume flights to Venezuela this summer for the first time since June 2017. This follows President Trump's agenda to expand U.S. energy sources to drive down costs for consumers. "United's first flight to Venezuela in 8 years marks another exciting development in the relationship between our two countries," said
President Donald Trump said that he doesn't think about Americans' financial situation' when related to the Middle East war's impact on them, but more important is to make sure that Iran cannot have a nuclear weapon. Trump made the comment while responding to a question, to what extent "Americans' financial situations" were motivating him to make a deal with Iran to end the 10 weeks-old conflict
European stocks traded higher on Wednesday, with earnings and a slew of economic data in focus. As Iran peace deal hopes fade and inflation concerns mount, traders looked ahead to the high-stakes meeting in Beijing between U.S. President Donald Trump and Chinese President Xi Jinping for direction....
German conglomerate Siemens AG on Wednesday maintained its fiscal 2026 outlook after reporting weak profit and revenues in the second quarter. On the XETRA in Germany, the shares were losing around 1.2 percent. For fiscal 2026, Siemens continues to expect basic earnings per share pre purchase price allocation accounting or PPA of 10.70 euros to 11.10 euros.
Flash quarterly national accounts and industrial production from the euro area and final inflation from France are due on Wednesday. At 2.00 am ET, Destatis is scheduled to issue Germany's wholesale prices for April. Wholesale prices are forecast to rise 1.8 percent on a monthly basis after rising 2.7 percent in March.
European stocks may open on a positive note on Wednesday, though regional gains are likely to remain capped amid bets that the U.S. Federal Reserve may have to raise interest rates next year. After U.S. headline inflation came in above market expectations, investors now await the producer price index...
Flight attendants at United Airlines have given the green light to a new five-year contract that promises an average pay increase of 31 percent by August, finally breaking a nearly six-year stretch without raises for the airline's approximately 30,000 cabin crew members.
Alphabet Inc.'s Google (GOOG)is currently in talks with SpaceX and other launch providers for an exciting project called Project Suncatcher. The goal is to deploy solar-powered data centers in orbit.
Marty Makary is stepping down from his role as commissioner of the U.S. Food and Drug Administration after a little more than a year, wrapping up a tenure marked by internal conflict and criticism from notable organisations.
After moving sharply lower in morning trading on Tuesday, stocks regained ground over the course of the session. The major averages climbed well off their worst levels of the day, with the Dow reaching positive territory.
A study published in the medical journal Science Progress examined the link between GLP-1 medications and hair loss among patients undergoing rapid weight loss, NewsNation reports. According to the research, semaglutide and tirzepatide, sold under brand names including Ozempic, Wegovy, Mounjaro and...
Stocks have moved mostly lower over the course of the trading day on Tuesday, more than offsetting the modest strength seen in the previous session. The major averages have all moved to the downside, with the tech-heavy Nasdaq leading the pullback. Currently, the major averages are just off their lows of the session.
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.