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  • April 16- Momenta Pharmaceuticals Inc said the U.S. Food and Drug Administration approved the first generic version of Teva Pharmaceuticals Industries Ltd's top-selling multiple sclerosis drug, Copaxone. The agency cleared the application for the 20 mg version of the blockbuster drug, submitted by Momenta's partner Sandoz, a unit of Swiss drugmaker...

  • Rick Barclay said Thursday that he hoped to prevent his fight with federal regulators from turning into the kind of high-profile standoff at a Nevada ranch last year. The Oath Keepers' website said the group was not trying to confront the Bureau of Land Management, and Emerick said the group was vetting everyone who showed up. Bureau of Land Management spokesman...

  • NEW YORK, April 16- U.S. Treasury yields rose on Thursday, reversing earlier bond strength, after a manufacturing survey showed economic improvement and as Federal Reserve Vice Chairman Stanley Fischer cited rising inflation and wage pressures. "The minute bond prices moved up, people started selling again," said interest rate strategist Jim Vogel of FTN...

  • Financial incentives OK'd for workplace wellness programs Thursday, 16 Apr 2015 | 11:28 AM ET

    WASHINGTON— In a victory for business, federal regulators said Thursday that employers can continue to use financial penalties and rewards to nudge staff to participate in fast-growing workplace wellness programs. But the Equal Employment Opportunity Commission— which enforces laws against discrimination— also proposed some safeguards for employees.

  • LONDON, April 16- Gold slid below $1,200 an ounce on Thursday as the dollar pared losses after upbeat U.S. factory data and demand for physical metal stayed weak, though uncertainty over the timing of a Federal Reserve rate increase underpinned prices. Spot gold was down 0.5 percent at $1,194.95 an ounce by 1434 GMT, off an early high of $1,209.10, while U.S. gold for...

  • Ex-Fed chair Bernanke joins hedge fund Citadel as advisor Thursday, 16 Apr 2015 | 10:59 AM ET

    BOSTON, April 16- Ben Bernanke, the former Federal Reserve chairman and one of the world's most closely watched economic thinkers, is joining one of the most successful hedge funds as an advisor, Citadel LLC said in a statement on Thursday. Last month former Federal Reserve Board governor Jeremy Stein joined BlueMountain as an advisor and Bernanke's...

  • NEW YORK, April 16- The U.S. dollar hit its lowest level against the euro in a week on Thursday after traders concluded that recent weakness in U.S. economic data could delay the first Federal Reserve rate hike. A Fed hike is expected to boost the dollar by driving investment flows into the United States. "This is more dollar weakness, driven by the market coming around...

  • Bernanke to serve a senior adviser at Citadel Thursday, 16 Apr 2015 | 10:16 AM ET

    NEW YORK— Former Federal Reserve Chairman Ben Bernanke will serve as a senior adviser to Citadel, the investment firm said Thursday. Citadel said Bernanke will consult with its teams on developments in monetary policy, financial markets and the global economy. Bernanke was chairman of the Federal Reserve from February 2006 to January 2014.

  • LONDON, April 16- Gold rose for a second day on Thursday as soft U.S. housing and jobless reports weighed on the dollar, with a run of downbeat data adding to uncertainty over the timing of a rate rise from the Federal Reserve. Spot gold was up 0.3 percent to $1,205.21 an ounce by 1244 GMT, while U.S. gold for June delivery rose $3.90 to $1,205.20 an ounce.

  • UPDATE 1-Bernanke to advise hedge fund Citadel - NYT Thursday, 16 Apr 2015 | 3:38 AM ET

    Federal Reserve, has agreed to become a senior adviser to Citadel Investment Group, a $25 billion hedge fund founded by billionaire investor Kenneth Griffin, the New York Times reported on Thursday. Bernanke's predecessor, Alan Greenspan, joined hedge fund Paulson& Co as adviser in 2008. Jeremy Stein, a Federal Reserve Board governor for two years, joined hedge...

  • That means the seafood could be available in as few as two years— but only if USDA moves quickly to complete the rules and seafood companies decide to embrace them. The United States is "trying to play catch-up on organic aquaculture," says Miles McEvoy, who heads up USDA's organic program. The European Union and Canada, along with other countries, have been exporting...

  • TOPEKA, Kan.— A new Kansas law tells poor families that they can't use cash assistance from the state to attend concerts, get tattoos, see a psychic or buy lingerie. Sam Brownback appears to be the most exhaustive, according to state Department for Children and Families officials. Host Jon Stewart suggested that in accepting federal funds, Kansas should be forced to...

  • April 15- Texas- based Internet provider Alamo Broadband Inc filed a lawsuit on Wednesday asking the federal appeals court based in New Orleans to block new web traffic regulations from the Federal Communications Commission.

  • April 15- U.S. health regulators on Wednesday approved Amgen Inc's Corlanor to treat patients with chronic heart failure, giving the world's largest biotechnology company its first cardiovascular product. RBC Capital Markets analyst Michael Yee said that long term Corlanor could become a $500 million a year drug for Amgen. Amgen shares rose 1.3 percent in...

  • April 15- The Medicines Co's intravenous blood clot preventer can be used in angioplasty procedures, an independent advisory panel to the U.S. Food and Drug Administration said on Wednesday. The recommendation follows a review published by FDA staff on Monday, which supported the approval of the drug. Cangrelor, which won European approval in March, was...

  • Google reached a settlement in 2013 with the U.S. Federal Trade Commission over Web search allegations. However, regulators often speak with companies about fairness complaints without the discussions leading to an investigation, and Google has already successfully fought off a U.S. civil suit involving Android. The meetings between Google critics and...

  • FDA approves new type of heart failure drug from Amgen Wednesday, 15 Apr 2015 | 4:53 PM ET

    TRENTON, N.J.— Patients with chronic heart failure, a disabling, deadly disease that worsens as the heart gradually pumps less efficiently, are getting a much-needed new option with U.S. approval Wednesday of a novel drug from Amgen Inc.. Meanwhile, the Food and Drug Administration is reviewing another heart failure pill, from Novartis AG, and could approve it this...

  • MIAMI, April 15- A group of South Florida mayors are escalating their campaign against plans to expand a nuclear power plant near Miami that involves constructing 100- foot tall transmissions lines through some of the area's toniest neighborhoods. Florida Power& Light Co is seeking federal approval from the Nuclear Regulatory Commission to add nuclear...

  • April 15- The Medicines Co's intravenous blood clot preventer can be used in angioplasty procedures, an independent advisory panel to the U.S. Food and Drug Administration said on Wednesday. The panel voted 7-2 to support the approval of the injection, cangrelor, for use in certain patients undergoing angioplasty, a procedure to widen narrowed or clogged...

  • NEW YORK, April 15- U.S. That has at the margin supported the Treasury market, "said Dan Mulholland, head of Treasuries trading at Credit Agricole in New York. New York Federal Reserve data also showed that growth in manufacturing activity in New York state unexpectedly contracted in April, weakening for a third straight month as the pace of new orders fell to a...