Text size The Food and Drug Administration on Tuesday rejected Gilead Science’s application for a will-be blockbuster arthritis medicine, blind investors. One analyst called the development a ‘near-worst-case scenario’ and a ‘shock’. Dreamstime The Food and Drug Administration’s decision to deny Gilead Science’s application for a wild medicine for blockbuster …
Read More »Californians prepare for life without Uber and Lyft – will taxis make a U-turn?
While Uber Technologies Inc. and Lyft Inc. prepared this week to close on riding dogs in California, alternative modes of transportation on-demand say they are ready to pick up the slack. Uber UBER, -0.54% and Lift LIFT, + 1.43% must obey a San Francisco Superior Court judge’s order by midnight …
Read More »Here is the ethical issue for targeting volunteers with COVID-19 to accelerate a vaccine
Despite the urgency of beating COVID-19, health officials may delay the development of an effective vaccine. Authorities in the U.S. and elsewhere have yet to authorize an ethical charge investigation procedure called “trials with human challenge.” Challenge tests deliberately involve volunteers with the disease – which explains the official retention …
Read More »US, China agree that airports between them expand to 8 per week
WASHINGTON – The United States and China have agreed to double the number of airlines’ flights that the airlines can operate between countries, from four to eight a week. The deal marks a further narrowing of a distance between the world’s two largest economies over travel restrictions imposed during the …
Read More »Trump approves of Oracle’s attempt to buy TikTok
President Donald Trump on Tuesday announced support for Oracle Corp. to buy the US operations of TikTok, adding a fresh wrinkle to the offering for the Chinese-owned video-sharing app. Oracle ORCL, + 2.20% is a new contractor in the negotiations for TikTok, whose owner ByteDance Ltd. a fall deadline for …
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