Streetbeat News

Regulatory

AEMD

EWU

INO

SIGA

TNXP

The UK Health Security Agency has extended MPox vaccinations in London due to a recent spike in cases.

Portfolio Pulse from Charles Gross

June 16, 2023 | 11:22 am

FXI

China's cabinet announced it will prioritize support for tech startups and implement more forceful measures in response to changes in the economic situation.

Portfolio Pulse from Charles Gross

June 16, 2023 | 11:12 am

FXI

China's cabinet discussed policy measures to promote economic improvements, stating that the overall economic operation is recovering, according to Reuters citing state media.

Portfolio Pulse from Charles Gross

June 16, 2023 | 11:11 am

FXI

China's cabinet has approved plans to increase financing support for technology firms, according to Reuters citing state media.

Portfolio Pulse from Charles Gross

June 16, 2023 | 11:09 am

GSK

The FDA has extended the review period for GSK's new drug application for Momelotinib by three months to provide time to review recently submitted data. The extended action date is now set for 16 September 2023.

Portfolio Pulse from Benzinga Newsdesk

June 16, 2023 | 10:51 am

FXI

MSFT

SPY

China's President Xi Jinping discussed the global rise of artificial intelligence with Bill Gates at a meeting on Friday. Xi welcomed the AI technology of U.S. firms, including Microsoft, in China.

Portfolio Pulse from Charles Gross

June 16, 2023 | 10:41 am

GOOG

GOOGL

Google is taking legal action against fake review scams to protect businesses and consumers. The lawsuit targets an actor who posted over 350 fraudulent Business Profiles and 14,000 fake reviews. Google collaborates with the FTC and other regulators to tackle fake reviews and deceptive endorsements globally.

Portfolio Pulse from Benzinga Newsbot

June 16, 2023 | 10:38 am

META

Online pharmacies, medical spas, and diet clinics are running thousands of ads for weight-loss drugs Ozempic and Wegovy on Facebook and Instagram, surpassing even Viagra's marketing. Meta Inc., the parent company of the platforms, has inconsistent enforcement of its policy requiring advertisers to get permission and provide evidence of a license before promoting prescription drugs.

Portfolio Pulse from Benzinga Newsbot

June 16, 2023 | 10:14 am

EWG

INTC

The German Economy Ministry is in intensive and ongoing talks regarding state subsidies for Intel's chip site, aiming to strengthen Germany's position in the semiconductor industry.

Portfolio Pulse from Charles Gross

June 16, 2023 | 9:53 am

EVLO

Evelo Biosciences has been granted a U.S. Patent for prebiotic compositions and methods of use for modulation of the microbiome, causing its shares to trade higher.

Portfolio Pulse from Benzinga Newsdesk

June 16, 2023 | 9:24 am