FDA regulators approved the drug for daily, round-the-clock pain that does not respond to other medications. The FDA notes that Targiniq can still be abused by simply swallowing the tablets, the most frequent method of painkiller abuse. The FDA has been under intense public pressure to combat the national epidemic of prescription opioid abuse.» Read More
WASHINGTON, Feb 27- The seemingly intractable problem of identity theft once again led the list of top consumer complaints in 2013, with U.S. consumers reporting that they lost $1.6 billion to various types of fraud, the Federal Trade Commission said in a report released Thursday. Florida had the highest per capita rate of identity theft.
Feb 27- Federal Reserve Chair Janet Yellen said on Thursday recent cold weather and storms may have weakened U.S. spending and, while the central bank will monitor it closely, it is yet difficult to know to what extent the U.S. economic recovery will be weaker than expected.
Treasuries debt prices inched up on Thursday as tensions in Ukraine and Russia spurred safety buying, but investors remained cautious ahead of comments from Federal Reserve Chair Janet Yellen on recent economic data.
*J.C. Penney and Best Buy rally in premarket after results. NEW YORK, Feb 27- U.S. stock index futures fell on Thursday, with the S&P 500 poised to recede further from record levels amid political uncertainty in Ukraine and ahead of comments from Federal Reserve Chair Janet Yellen.
The Boeing Black Smartphone is based on Google Inc's Android operating system and built into a black, tamper-proof handset capable of accessing multiple cell networks instead of a single network like a normal cellphone, according to Boeing and filings with the U.S. Federal Communications Commission.
Sandra Pianalto, who is stepping down at the end of May after 10 years as president of the Federal Reserve Bank of Cleveland, also predicted that new Fed Chair Janet Yellen would continue "building consensus and being open-minded" at policy-setting meetings in the years ahead.
WASHINGTON, Feb 26- The U.S. Senate Agriculture Committee said on Wednesday that it would consider the three presidential nominations to the Commodity Futures Trading Commission on March 6. Timothy Massad, a senior Treasury Department official, has been nominated to head the swaps and futures regulator.
WASHINGTON, Feb 26- Mythili Raman, the top criminal prosecutor at the U.S. Department of Justice, is planning to leave the agency next month, wrapping up a year overseeing high-profile investigations into global market manipulation.
LONDON, Feb 26- The Australian dollar fell on Wednesday as a continuing slide in the Chinese yuan highlighted concerns about a slowdown in Australia's top export market, while the U.S. dollar edged higher ahead of testimony by Federal Reserve Chair Janet Yellen.
WOOSTER, United States- Federal Reserve Bank of Cleveland President Sandra Pianalto gives lecture, "Reflections on 35 Years with the Federal Reserve System" at the James R. Wilson Lecture Series hosted by the College of Wooster- 0030 GMT. SAITAMA, Japan- Bank of Japan board member Koji Ishida speaks to business leaders in Saitama- 0130 GMT.
LONDON, Feb 26- The Swedish crown fell against the euro on Wednesday after Riksbank policymakers said lower interest rates could be needed, while the dollar edged higher ahead of testimony by Federal Reserve Chair Janet Yellen on Thursday.
Feb 25- Anika Therapeutics Inc said the U.S. Food and Drug Administration approved its drug to treat pain and improve joint mobility in patients with osteoarthritis of the knee, more than four years after it first filed for approval.
Feb 25- Anika Therapeutics Inc said the U.S. Food and Drug Administration approved its drug to treat pain and improve joint mobility in patients with osteoarthritis of the knee. The company said the drug will be marketed in the United States by Depuy Synthes, a unit of Johnson& Johnson.
WASHINGTON, Feb 25- U.S. financial regulators plan to release on March 20 the results of annual stress tests, which weigh banks' ability to withstand an economic crisis, the Federal Reserve said on Tuesday. Last year, the Fed initially vetoed submissions by BB&T Corp and Ally Financial.
DEPARTMENT OF TRANSPORTATION SAYS ASIANA VIOLATED FEDERAL LAW BY FAILING TO ASSIST FAMILY MEMBERS OF PASSENGERS ON FLIGHT 214.
WASHINGTON, Feb 25- The U.S. Federal Reserve said on Tuesday it plans to release on March 20 the results of its annual stress tests, which weigh banks' ability to withstand an economic crisis. The results of those reviews will be released on March 26, the Fed said.
Feb 25- A Federal Reserve bank that had for months lobbied for a cut in the U.S. central bank's emergency lending rate dropped that request in January, minutes of Fed deliberations released on Tuesday showed.
It's another step in Michelle Obama's campaign against obesity. NBC reports.
Feb 25- Bristol-Myers Squibb Co said the U.S. Food and Drug Administration approved its drug to treat rare and potentially fatal disorders involving loss of body fat. Bristol-Myers said the FDA had asked it to conduct seven post-marketing studies on Myalept. The drugmaker had co-developed the drug with AstraZeneca.
Money-transfer company Western Union is being probed by the FTC and a U.S. district court over fraud-induced money transfers, the company said in a regulatory filing.