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US Commerce Chief Comments on Canadian Trade Relations

US Commerce Chief Comments on Canadian Trade Relations

On Saturday, the US Commerce Secretary Wilbur Ross issued a strict message directly to Canadian Prime Minister Justin Trudeau regarding what Ross calls “inappropriate” threats of “retaliatory action” against United States tariffs on imports of softwood lumber. In a statement, Ross said, “The Department of Commerce’s recent preliminary decision to […]

FDA Approves Merck-Pfizer Partnered Urothelial Carcinoma Immunotherapy Drug

FDA Approves Merck-Pfizer Partnered Urothelial Carcinoma Immunotherapy Drug

Merck and Pfizer confirmed that the United States Food and Drug Administration has granted accelerated approval to their partnered drug: a fully-human anti-programmed cell death ligand-1 (anti-PD-L1) monoclonal antibody (mAb). This drug goes by the manufactured name avelumab and will be sold under the label Bavencio as a possible treatment […]

Investigators: Tainted Food Not Recalled Quick Enough by FDA

Investigators: Tainted Food Not Recalled Quick Enough by FDA

According to a new report the Department of Health and Human Services’ inspector general issued, contaminated food is not being removed from stores shelves quick enough. The reports indicated that the U.S. Food and Drug Administration does not always use an effective and efficient process for food recall that ensured […]

Britain’s Authorities Fine Merrill Lynch for Not Reporting Transactions

Britain’s Authorities Fine Merrill Lynch for Not Reporting Transactions

Merrill Lynch, a unit of Bank of America, was fined in the amount of $45.5 billion by the Financial Conduct Authority in Britain for not reporting details of its trading in exchange-traded derivatives, the British market regulator announced. Monday’s enforcement action, which is the first of a kind under Britain’s […]

Employers in U.S. Added 156,000 New Jobs During August

Employers in U.S. Added 156,000 New Jobs During August

Job growth in the United States slowed during August as companies added just 156,000 new jobs, but enough that it suggests most businesses are still confident in the economy nine years after beginning it recovery from the 2008 recession. The rate of unemployment moved up to 4.4% from July’s 4.3% […]