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  • WASHINGTON, Jan 2- The White House is likely to announce a nominee for a Federal Reserve Board of Governors seat next week or the following week, a source close to the matter said on Friday. The White House plans to nominate a candidate with background in community banking, the source said. A White House official said the administration did not have a personnel...

  • WHITE HOUSE LIKELY TO ANNOUNCE PICK FOR FEDERAL RESERVE BOARD OF GOVERNORS SEAT NEXT WEEK OR THE FOLLOWING WEEK- BANKING INDUSTRY SOURCE.

  • WHITE HOUSE PLANNING TO NOMINATE CANDIDATE WITH COMMUNITY BANKING BACKGROUND FOR FED BOARD SEAT- BANKING INDUSTRY SOURCE.

  • Jan 2- Aethlon Medical Inc said the U.S. Food and Drug Administration had approved the testing in Ebola patients of its bio-filtration device, which was used against the deadly virus in a critically ill patient in Germany who later recovered. Aethlon said on Friday that the FDA's approval allows for an Ebola study to be conducted in up to 20 infected subjects in...

  • Jan 2- Aethlon Medical Inc said the U.S. Food and Drug Administration approved testing of the company's experimental device in Ebola patients. Patients will be administered for six to eight hours daily with the company's device, Hemopurifier, until the Ebola viral load drops below 1000 copies/ml, Aethlon said on Friday. The approved protocol allows for a study...

  • DIARY- Top Economic Events to Jan 15 Thursday, 1 Jan 2015 | 8:03 PM ET

    BOSTON- San Francisco Federal Reserve Bank President John Williams will be present at the panel discussion on the outlook for the U.S. and global economy at the annual American Economics Association event- 1300 GMT. BOSTON- Federal Reserve Bank of Boston President Eric Rosengren will be present at the panel discussion on credit availability- 1515 GMT.

  • DIARY- Top Economic Events to Jan 14 Wednesday, 31 Dec 2014 | 7:01 PM ET

    BOSTON- San Francisco Federal Reserve Bank President John Williams will be present at the panel discussion on the outlook for the U.S. and global economy at the annual American Economics Association event- 1300 GMT. BOSTON- St Louis Federal Reserve Bank President Eric Rosengren will be present at the panel discussion on credit availability- 1515 GMT.

  • LONDON, Dec 31- The first net outflow of foreign money in 18 months hit emerging markets in December as oil prices fell, risk aversion grew and investors anticipated a Federal Reserve rate hike, the Institute of International Finance said. Portfolio outflows totalled $11.5 billion with bond investment down $7.8 billion and $3.7 billion withdrawn from stocks,...

  • Narayana Kocherlakota, President of the Federal Reserve Bank of Minneapolis

    Dec 30- The chance of U.S. inflation falling below 1 percent in 2015 is at a five-year high, and the risk of deflation is growing more likely, an analysis of market data released by the Minneapolis Federal Reserve Bank showed. Federal Reserve policymakers should take such changing market expectations into account when they make policy decisions, Minneapolis Fed...

  • DIARY- Top Economic Events to Jan 13 Monday, 29 Dec 2014 | 7:01 PM ET

    BOSTON- San Francisco Federal Reserve Bank President John Williams will be present at the panel discussion on the outlook for the U.S. and global economy at the annual American Economics Association event in Boston- 1300 GMT. BOSTON- St Louis Federal Reserve Bank President Eric Rosengren will be present at the panel discussion on credit availability in Boston-...

  • WASHINGTON, Dec 28- The United States is ready to help with the search for a missing AirAsia plane, which lost contact with air traffic controllers on a flight from Indonesia to Singapore, the U.S. State Department said on Sunday. "Authorities in the region are leading the search for the missing airplane. As we have in the past, the United States stands ready to assist...

  • WASHINGTON, Dec 24- The U.S. Commodity Futures Trading Commission said on Wednesday it had fined MF Global Holdings Ltd for wrongdoing during the collapse of the futures brokerage, but will continue its lawsuit against the firm's former chief, Jon Corzine. A federal judge in Manhattan approved a settlement in which the company will pay a $100 million fine and be...

  • NEW YORK/ LONDON, Dec 24- Gold fell near a three-week low on Wednesday as the latest piece of strong U.S. economic data fed the view that the Federal Reserve may bring forward the timing of a hike in U.S. interest rates. U.S. Labor Department data showed initial claims for state unemployment benefits dropped for the fourth straight week. Spot gold, initially supported...

  • Dec 24- The U.S. Food and Drug Administration approved a drug to treat dementia in Alzheimer's patients that was developed by Actavis Plc and Adamas Pharmaceuticals Inc.. Memantine is the active ingredient in Actavis' Namenda, while donepezil is the active ingredient in Pfizer Inc's Aricept. Dublin, Ireland- based Actavis said it expects to launch Namzaric in...

  • Actavis, Adamas win FDA approval for Alzheimer's drug Wednesday, 24 Dec 2014 | 8:20 AM ET

    Dec 24- The U.S. Food and Drug Administration approved a drug to treat dementia in Alzheimer's patients that was developed by Actavis Plc and Adamas Pharmaceuticals Inc.. The drug, Namzaric, is designed to treat moderate-to-severe dementia in Alzheimer's patients who are stabilized with other drugs. Namzaric combines two ingredients in drugs often...

  • LONDON, Dec 24- The rouble slipped on Wednesday after ratings agency Standard& Poor's warned it could downgrade Russia in the new year, while robust U.S. growth data boosted bets on the Federal Reserve raising rates soon, subduing broader emerging markets. The rouble dropped 0.2 percent against the dollar in the wake of S&P warning that Russia's sovereign rating...

  • *Nikkei advances on back of record day on Wall Street. TOKYO, Dec 24- Japanese stocks rallied on Wednesday after Wall Street raced to a record closing-high on the back of data showing decisive strength in the U.S. economy, which lifted risk appetite and backed last week's upbeat assessment by the Federal Reserve. On Wall Street the Dow closed above 18,000 for the...

  • FDA approves Novo Nordisk's injection for obesity Tuesday, 23 Dec 2014 | 5:14 PM ET

    Dec 23- The U.S. health regulator approved a formulation of Novo Nordisk's diabetes drug, liraglutide, for treating patients of obesity, a disease that affects one in three Americans. Saxenda's rivals include Vivus Inc's Qsymia and Arena Pharmaceuticals Inc's Belviq, which are taken orally. A study showed that half the patients given Saxenda lost at least 5...

  • "The FDA has carefully examined and considered the available scientific evidence relevant to its blood donor deferral policy for men who have sex with men, including the results of several recently completed scientific studies and recent epidemiologic data," FDA Commissioner Margaret Hamburg said in a statement. The FDA said the move aligns the policy for...

  • Scientific evidence shows the move will not create risks for the nation's blood supply, the FDA said. The FDA said the move aligns the policy for gay men with that for other men and women who are at increased risk for HIV infection. The FDA said it will issue draft guidance on the policy, hopefully early in 2015. It would then review the comments and issue final...