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  • The generic, called Glatopa, is made by Sandoz, a unit of Swiss drug company Novartis AG, and U.S.-based Momenta Pharmaceuticals. The Food and Drug Administration approved the drug Thursday. But Teva Pharmaceutical Industries, which makes Copaxone, has said it expects generic versions of the drug to go on sale in the U.S. in September.

  • NEW YORK, April 17- U.S. regulators on Friday voted to open a swath of government-controlled airwaves for commercial use by tech and telecom companies such as Verizon Communications Inc and Google Inc as they seek to meet growing data demands from new wireless devices. The Federal Communications Commission voted unanimously to chalk out a process to allow...

  • *Wall Street, European shares also hit by corporate earnings. NEW YORK, April 17- Global equity markets fell on Friday as a crackdown on margin lending in China sent ripples around the world, while the dollar gained on rising U.S. consumer price data that should keep the Federal Reserve on track to raise interest rates this year. Stocks in Europe and on Wall Street...

  • WASHINGTON, April 17- The U.S. government would get a larger share of oil and gas revenue from federal land under a proposal the Interior Department is expected to announce on Friday. But most of that production is on private land in energy patches like North Dakota's Bakken or the Eagle Ford fields of Texas. Specifically, the Interior Department is considering...

  • *U.S. consumer prices rise for a 2nd month. NEW YORK, April 17- The dollar rebounded from a three-week low against the yen and a 10- day trough against a currency basket on Friday, bolstered by data showing inflation starting to creep into the U.S. economy, a development that should keep the Federal Reserve on track to lift interest rates this year.

  • *Consumer prices rise 0.2 percent in March. WASHINGTON, April 17- U.S. consumer prices rose for a second straight month in March as the cost of gasoline and shelter increased, signs of some inflation that should keep the Federal Reserve on course to start raising interest rates this year. The Labor Department said on Friday its Consumer Price Index increased 0.2...

  • Gasoline, shelter costs lift U.S. consumer prices Friday, 17 Apr 2015 | 8:30 AM ET

    WASHINGTON, April 17- U.S. consumer prices rose for a second straight month in March as the cost of gasoline and shelter increased, signs of some inflation that should keep the Federal Reserve on course to start raising interest rates this year. The Labor Department said on Friday its Consumer Price Index increased 0.2 percent last month after a similar gain in...

  • *Dollar index on track for 2nd worst week since 2011. LONDON, April 17- The dollar skidded to a 10- day low against a basket of major currencies on Friday, after a run of weak U.S. economic data that has cast doubt on prospects for a Federal Reserve interest rate rise in the coming months. Traders will be watching U.S. consumer inflation data due at 1230 GMT for further...

  • *Dollar index on track for worst week in month. LONDON, April 17- The dollar fell for a fourth straight day on Friday, coming close to its one-week low, after a run of weak U.S. economic data cast doubt on prospects for a Federal Reserve interest rate rise in coming months. said Peter Kinsella, senior FX strategist at Commmerzbank in London.

  • Federal Reserve may allow big banks to use some municipal bonds to meet new liquidity rules that ensure they have enough cash during a credit crunch, the Wall Street Journal reported, citing people familiar with the matter. The Fed had excluded debt issued by cities and states when it approved liquidity rules for large banks in September, part of a global effort...

  • *Rosengren, Lockhart lean toward waiting on rate hikes. SAN FRANCISCO, April 16- Federal Reserve officials on Thursday were again at public odds over when the U.S. central bank should start raising rates, underscoring the difficult task ahead for Fed Chair Janet Yellen as she tries to build consensus for a rate hike sometime later this year. On Thursday, Vice Chair...

  • Fed's Fischer sees first U.S. rate hike this year Thursday, 16 Apr 2015 | 4:28 PM ET

    WASHINGTON, April 16- The U.S. economy will probably strengthen enough for the Federal Reserve to raise interest rates this year, Fed Vice Chair Stanley Fischer said on Thursday.

  • Atlanta Federal Reserve Bank President Dennis Lockhart, whose comments were closely-watched since he is a voting member of the Fed's rate-setting committee this year, said the Fed's interest rate plans were being complicated by factors including a "murky" run of first-quarter data. Comments from Cleveland Fed President Loretta Mester and Boston Fed...

  • West Palm Beach, Fla., April 16- Atlanta Federal Reserve Bank president Dennis Lockhart said on Thursday the recent "murky" run of U.S. data has him leaning against a June interest rate hike, but added he is confident the economy will remain on track. "I would lean to a little later versus a little earlier," said Lockhart, saying that a below-par March U.S. employment report...

  • LONDON, April 16- The U.S. Federal Reserve should wait longer before it starts to raise interest rates and then be ready to increase them more quickly than if it started to tighten policy soon, a top Fed official said on Thursday. "I have some sympathy for waiting longer and then tightening more quickly if that becomes necessary," Eric Rosengren, president of the...

  • WEST PALM BEACH, April 16- Atlanta Federal Reserve Bank President Dennis Lockhart said on Thursday that he favored a rate hike later in the year rather than in June, given the cloudy data from the first few months of 2015.. "I would lean to a little later versus a little earlier," Lockhart said, referring to the weak U.S. employment report for March and other factors that...

  • The copied 20 mg version of the blockbuster drug, submitted by Sandoz, a unit of Swiss drugmaker Novartis AG, can be labeled "substitutable" for Copaxone, meaning that prescriptions for the brand-name drug can be automatically switched to the generic. The generic drug, called Glatopa, was developed collaboratively by Novartis and Momenta Pharmaceuticals Inc...

  • WEST PALM BEACH, Fla., April 16- Atlanta Federal Reserve Bank President Dennis Lockhart said on Thursday he does not think the U.S. central bank needs to wait until all aspects of labor market slack are absorbed before beginning to raise interest rates. "There are people who have dropped out. I would like to see that absorbed, "Lockhart said following a speech to a...

  • West Palm Beach, Fla., April 16- A "murky" run of first-quarter data highlighted by a weak March employment report and an oil-driven downturn in investment is masking the U.S. economy's underlying strength and complicating the Fed's interest rate plans, Atlanta Federal Reserve Bank President Dennis Lockhart said on Thursday. The Fed's decision on when to raise...

  • West Palm Beach, Fla., April 16- A "murky" run of first-quarter data highlighted by a weak March employment report and an oil-driven downturn in investment is masking the U.S. economy's underlying strength and complicating the Fed's interest rate plans, Atlanta Federal Reserve Bank President Dennis Lockhart said on Thursday. The Fed's decision on when to raise...