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Regulatory

SPY

U.S. President Biden has warned that a government shutdown could significantly impact vital work in science and health sectors. He also stated that nothing in politics is inevitable, implying that a shutdown is not a certainty.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 7:24 pm

FOX

FOXA

Former Vice President Mike Pence, a Republican candidate for the 2024 presidential race, has criticized the Federal Reserve and its Chairman Jerome Powell. Pence stated that if elected, he would replace Powell, who has been Chairman since 2018 and was recently reappointed by President Joe Biden for a term until May 2026. Pence criticized the Fed's policies and blamed them for the current inflation rate of 17%. He also stated that he would end the dual mandate of the Federal Reserve, focusing it solely on protecting the integrity of the dollar.

Portfolio Pulse from Chris Katje

September 27, 2023 | 6:54 pm

AAPL

Epic Games has challenged the ruling on Apple's App Store at the Supreme Court. The outcome of this case could have significant implications for Apple's business model and revenue from the App Store.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 6:40 pm

PHRRF

The FDA has accepted PharmaTher Holdings' (OTCQB:PHRRF) new drug application for a racemic ketamine product, KETARX. The goal date for the drug is April 29, 2024. PharmaTher anticipates KETARX’s U.S. commercial launch and the pursuit of international approvals thereafter. The company plans to commercialize KETARX in several dosage forms in the U.S. through its partnership with Vitruvias Therapeutics.

Portfolio Pulse from Lara Goldstein

September 27, 2023 | 6:38 pm

SPY

Senate Majority Leader Mitch McConnell has expressed his comfort with the Senate spending bill, according to Reuters. This could potentially lead to a smoother legislative process and reduce political uncertainty.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 6:36 pm

JBLU

SAVE

Democratic Senator Elizabeth Warren has raised concerns about JetBlue's acquisition of Spirit Airlines, citing leaked court documents. She is seeking clarification on whether the deal will lead to higher fares for consumers.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 6:23 pm

MSOS

TCNNF

Trulieve CEO Kim Rivers has expressed optimism about the language of Florida's legalization legislature. The company is currently awaiting a decision from the state Supreme Court.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 6:20 pm

MSOS

TCNNF

Trulieve CEO Kim Rivers stated that it will take some time for the company's initiatives to move through the House. The statement was made during a Benzinga subscriber event.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 6:18 pm

MSOS

TCNNF

Trulieve CEO Kim Rivers has described the vote in the Senate today as a 'historic day'. The news was reported by Benzinga, a financial news outlet.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 6:17 pm

MSOS

TCNNF

Trulieve CEO Kim Rivers stated that the vote today was as expected and the company's focus will still be on Section 10. She also mentioned that Schumer's immediate support is a positive sign.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 6:16 pm