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White House Government Agencies

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  • FDA approves Medicines Co's blood clotting agent Thursday, 30 Apr 2015 | 5:47 PM ET

    April 30- The U. S Food and Drug Administration approved the Medicines Co's dry powder blood clotting agent for use in hospital settings, a month after the treatment received approval in Europe. The treatment, Raplixa, is a combination of two human plasma-derived blood-clotting proteins, fibrinogen and thrombin. Raplixa is used to control bleeding during...

  • McKesson settles investigation on controlled substances Thursday, 30 Apr 2015 | 5:27 PM ET

    April 30- U.S. drug wholesaler McKesson Corp said it settled with several federal agencies, including the Department of Justice, claims alleging suspicious order reporting practices for controlled substances. The suspensions will not result in supply disruptions to any customer, McKesson said in a regulatory filing on Thursday. McKesson said it had already...

  • COLUMN-Keep your eye on wage pressures -James Saft Thursday, 30 Apr 2015 | 4:49 PM ET

    April 30- Sure, much U.S. economic data has been weak, and sure, we may see fallen leaves drifting in the streets of Washington before the Federal Reserve actually hikes rates, but the most important development this week may turn out to be the rise in employment costs. The employment cost index rose more than expected in the first quarter, up 2.6 percent compared with...

  • *Stronger-than-expected U.S. data helps dollar. *Euro rises to 2- month high, posts best month in 4-1/ 2 years. NEW YORK, April 30- The dollar rose against the Japanese yen Thursday after U.S. data showed signs of a stabilizing labor market and an economy that was gathering momentum, putting the Federal Reserve on track to raise interest rates at least once this year.

  • NEW YORK/ LONDON, April 30- Gold fell 2 percent on Thursday after better-than-forecast U.S. jobs data encouraged investors to sell the traditional safe-haven market, reviving expectations the Federal Reserve could raise interest rates soon. Data on Thursday showed claims for state unemployment benefits declined 34,000 to a seasonally adjusted 262,000 for...

  • Since the review of healthcare antiseptics in the 1970' s, things have changed, the FDA noted, alluding to a shift in frequency of use, a hospital's infection control practices, technology and safety standards. The regulator is looking to play catch up with the scientific community after an independent panel of experts to the FDA raised similar concerns last year.

  • April 30- The U.S. Federal Communications Commission wants a federal appeals court in Washington to hear the cases against its new internet regulations, according to court documents filed on Thursday.

  • FDA seeks more data on antiseptic ingredients Thursday, 30 Apr 2015 | 10:49 AM ET

    Alcohol and iodines are the most common active ingredients in such antiseptics, the FDA said, adding that home-use antiseptics such as antibacterial soap and hand sanitizers are not part of this evaluation. Accordingly, the FDA is requesting more data on absorption, potential hormonal effects and bacterial resistance of antiseptics under the...

  • FOREX-Dollar advances vs yen on upbeat U.S. data Thursday, 30 Apr 2015 | 10:40 AM ET

    *Stronger-than-expected U.S. data helps dollar. *Euro rises to 2- month high, but off its peak. NEW YORK, April 30- The dollar gained against the yen Thursday after U.S. data showed signs of a stabilizing labor market and an economy that was gathering momentum, putting the Federal Reserve on track to raise interest rates at least once this year.

  • LONDON, April 30- Gold fell two percent on Thursday after better-than-forecast U.S. jobs data boosted the dollar, reviving expectations the Federal Reserve could raise interest rates soon. Data on Thursday showed claims for state unemployment benefits declined 34,000 to a seasonally adjusted 262,000 for the week ended April 25, the lowest reading since...

  • U.S. labor costs rise solidly; wage growth picks up Thursday, 30 Apr 2015 | 8:31 AM ET

    WASHINGTON, April 30- U.S. labor costs rose solidly in the first quarter as wages in the private sector increased, which could keep the Federal Reserve on track to raise interest rates this year. The Employment Cost Index, the broadest measure of labor costs, advanced 0.7 percent- the largest gain since the third quarter of 2014- after an unrevised 0.5 percent rise in...

  • Copper touched a one-month high, leading other metals up as the dollar fell sharply following weak U.S. growth data and cautious comments from the Federal Reserve. Three-month LME nickel rallied more than 3 percent to $13,860 a tonne, a month high, before trading at $13,835 by 1054 GMT from a close of $13,420 a tonne. Also, a senior Macquarie analyst has said a nickel...

  • LONDON, April 30- Gold steadied on Thursday, as the dollar dropped after the Federal Reserve confirmed a recent slowdown in the U.S. economy could hold off any interest rate hike for the time being. Gold, however, failed to entirely capitalise on the weaker dollar, which fell 0.4 percent versus a basket of leading currencies, on prospects the U.S. economy will...

  • *Euro surges above $1.12 ahead of euro zone inflation. LONDON, April 30- World stock markets and the dollar remained in a sharp sell-off mode on Thursday, having been jolted sharply lower by weak U.S. growth data and cautious comments from the Federal Reserve. Jefferies' global equity strategist Sean Darby said markets were now having to readjust fast to the...

  • SINGAPORE, April 30- Gold retained losses from overnight on Thursday, as the Federal Reserve characterised the recent slowdown in the U.S. economy as only transitory, not ruling out an interest rate hike this year. *Spot gold was trading flat at $1,204.51 an ounce by 0047 GMT, after losing 0.6 percent on Wednesday. *Gold had hit a three-week high this week in the run up...

  • April 29- Amgen Inc's skin cancer immunotherapy showed enough efficacy in the treatment of melanoma to be given marketing approval, an independent advisory panel to the U.S. Food and Drug Administration said on Wednesday. Amgen said on Wednesday that T-Vec was more effective in melanoma patients whose cancer had not spread to internal organs.

  • *Fed says economy slowdown is transitory. WASHINGTON, April 29- The Federal Reserve downgraded its view of the U.S. labor market and economy on Wednesday in a policy statement that suggested the central bank may have to wait until at least the third quarter to begin raising interest rates. The Fed's statement put in place a meeting-by-meeting approach on the...

  • Govt to recalled Ford owners: Get your cars fixed Wednesday, 29 Apr 2015 | 5:25 PM ET
    The first Ford Fusion made in the U.S., at Ford's assembly plant in Flat Rock, Mich.

    Federal officials on Wednesday called for owners of recently recalled Ford vehicles to get them "fixed as soon as possible."

  • April 29- Amgen Inc's skin cancer immunotherapy showed enough efficacy in the treatment of melanoma to be given marketing approval, an independent advisory panel to the U.S. Food and Drug Administration said on Wednesday. The panel voted 22-1 supporting an approval for the therapy, talimogene laherparepvec or "T-Vec", an engineered virus that kills cancer...

  • WASHINGTON, April 29- The Federal Reserve has set up a new system for holding press conferences by telephone, increasing the central bank's flexibility to explain an interest rate hike in months when one of its quarterly press sessions is not already scheduled. The U.S. central bank held a conference call with reporters on Wednesday to test the system, a new...