WASHINGTON— The Food and Drug Administration on Wednesday approved a new cancer drug from Gilead Sciences Inc. to treat three types of blood cancer. The FDA has approved three other drugs for the disease in the last year: Roche's Gazyva, Janssen Pharmaceutical's Imbruvica and GlaxoSmithKline's Arzerra.» Read More
Jan 31- The U.S. Food and Drug Administration said on Friday it is investigating the risk of stroke, heart attack and death in men taking FDA- approved testosterone products. The move is based on the recent publication of two separate studies that suggested an increased risk of heart attacks in men taking testosterone, a hormone essential to male growth.
*India hopes to resolve FAA concerns by March, to seek review. "The FAA has determined that India at this time is not in compliance with the international standards for aviation safety oversight," the U.S. regulator told India in a communication, extracts of which were released by the Indian aviation ministry.
*India central banker says U.S. should do the right thing. MUMBAI/ NEW YORK, Jan 31- The Federal Reserve's decision to keep trimming its economic stimulus drew fire on Friday as India's central bank chief said Americans should be more attuned to the global impact of their policies, and the IMF called for vigilance given strains in financial markets.
WASHINGTON, Jan 31- Thermo Fisher Scientific Inc, the world's largest laboratory equipment maker, has won U.S. antitrust approval to buy California's Life Technologies Corp on the condition that some assets are sold, the Federal Trade Commission said on Friday. GH Health will purchase the divested businesses, the FTC said.
Jan 31- Incoming Federal Reserve Chair Janet Yellen will testify before U.S. lawmakers on Feb. 11 and again on Feb. 13 in what will probably be her first public comments on monetary policy and the economy after taking the reins at the U.S. central bank.
Jan 31- Incoming Federal Reserve Chair Janet Yellen will testify before U.S. lawmakers on Feb. 11 at 10 a.m., possibly her first public comments on monetary policy and the economy after taking the reins at the U.S. central bank.
Google's plan to sell Motorola's handset business to Lenovo now puts the spotlight on whether federal officials will agree the deal poses no national security concerns.
FRIDAY, JAN 31 VIRGINIA, United States- U.S Treasury Secretary Jack Lew will meet the CCAM's business and university partners. FORTH WORTH, United States- Federal Reserve Bank of Dallas President Richard Fisher speaks on "Federal Reserve Operations and Economic Update" at a community forum hosted by the Federal Reserve Bank of Dallas in Fort Worth, Texas- 1815 GMT.
NEW YORK, Jan 30- Foreign central banks slashed their holdings of U.S. debt stored at the Federal Reserve by the most in seven months during the past week, leaving these so-called custody holdings at the lowest level since November, Fed data released Thursday showed.
WASHINGTON, Jan 30- Janet Yellen, the first woman to chair the Federal Reserve in its 100- year history, will take over the reins of the U.S. central bank on Saturday and formally be sworn in next week, the Fed said on Thursday. Yellen, 67, who begins her post as the Fed unwinds its unprecedented efforts to boost the U.S. economy, will be sworn in at 9 a.m. EST on Feb. 3.
WASHINGTON, Jan 30- Janet Yellen, the first woman to chair the Federal Reserve in its 100- year history, will take over the reins of the U.S. central bank on Saturday but will only formally be sworn in next week, the Fed said on Thursday.
ENERGY SECRETARY MONIZ SAYS FEDERAL AGENCIES IN TOUCH WITH WHITE HOUSE ON PROPANE SHORTAGES.
WASHINGTON, Jan 30- Federal Reserve Chairman Ben Bernanke departs the U.S. central bank on Friday after eight largely turbulent years in which he guided the economy through the most virulent financial crisis and recession since the Great Depression. Oct. 24, 2005- President George W. Bush nominates Bernanke to be Fed chairman.
*Emerging markets fall anew despite rate hikes in Turkey, South Africa. SYDNEY, Jan 30- Asian shares fell on Thursday after strains in emerging markets returned with a vengeance and the Federal Reserve stepped back on its stimulus, sending investors scurrying to the safety of bonds and yen.
*Emerging markets fall anew despite rate hikes in Turkey, South Africa. SYDNEY, Jan 30- Asian shares took a spill on Thursday as strains in emerging markets returned with a vengeance and the Federal Reserve further scaled back its stimulus- sending investors scurrying to safety in bonds and yen.
*Fed to reduce stimulus by another $10 billion per month. *Boeing, Yahoo shares fall after results; Facebook up late. NEW YORK, Jan 29- U.S. stocks dropped more than 1 percent on Wednesday, hitting session lows after the Federal Reserve stuck with its plan to scale back stimulus even in the midst of emerging market turmoil.
*Reduces monthly bond purchases by $10 billion, as expected. WASHINGTON, Jan 29- The Federal Reserve on Wednesday decided to trim its bond purchases by another $10 billion as it stuck to a plan to wind down its extraordinary economic stimulus despite recent turmoil in emerging markets.
NEW YORK, Jan 29- Global equity markets fell on Wednesday after the U.S. Federal Reserve further trimmed its stimulus while emerging market currencies slumped after aggressive interest rates hikes by Turkey and South Africa failed to bolster their markets. On Wall Street, the major indexes all sank 1 percent.
*Fed delivers expected cuts of $10 billion in monthly bond purchases. Federal Reserve cut $10 billion from its monthly bond-buying stimulus program. "From now and the next meeting, they will monitor the contagion risk from emerging markets to the U.S. economy," said Neil Dutta, head of U.S. economics at Renaissance Macro Research in New York.
RIO DE JANEIRO/ LONDON, Jan 29- Emerging market currencies slumped on Wednesday as the U.S. Federal Reserve cut back further on monetary stimulus, offsetting aggressive interest rate hikes by Turkey and South Africa.