FDA recalls heart drugs made by Teva, others over carcinogen impurity

The Food and Drug Administration issued a voluntary recall late Friday of high-blood pressure and heart drugs containing the ingredient valsartan because of impurity issues. Affected companies include Teva Pharmaceuticals Industries Ltd. TEVA, -1.85% Solco Healthcare, and Major Pharmaceuticals, the FDA said. The agency said valsartan used in the affected products contained N-nitrosodimethylamine, which is […]

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Stocks close slightly higher, extending weekly advance

U.S. stocks closed slightly higher on Friday, with major indexes extending a recent rally and the Dow reclaiming the 25,000 mark for the first time in nearly a month. The Dow Jones Industrial Average DJIA, +0.38% rose 0.4%. The S&P 500 SPX, +0.11% added 0.1%. The Nasdaq Composite Index COMP, +0.03% rose less than 0.1%, […]

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U.S. and other countries weighing oil reserve release: WSJ

U.S. and Western officials are discussing an emergency release of stockpiled oil, The Wall Street Journal reported, citing people familiar with the matter. The report said the Trump administration is actively debating whether to dip into the country’s emergency oil stocks in response to rising prices. Already, Trump has called on OPEC to pump more […]

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SIGA Technologies shares rise 10% on approval of first-ever smallpox therapy

SIGA Technologies Inc. SIGA, +10.58% rose 9.6% in Friday afternoon trade on the Food and Drug Administration’s approval of its TPOXX, the first-ever smallpox therapy. The contagious and often-deadly disease — described as “one of the world’s most devastating diseases known to humanity” by the World Health Organization — has been considered eradicated since 1980 […]

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Anderson-Isner's epic, semifinal clash at Wimbledon was the second longest in the tournament's history

South Africa’s Kevin Anderson defeated American John Isner in a marathon five-set match that ranks as the second longest in Wimbledon’s storied history. The match ended 7-6, 6-7, 6-7, 6-4, 26-24, exceeding the previous record holder for second-longest match between Croatian Marin Čilić and American Sam Querrey, with that third-round encounter running 5 hours and […]

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U.S. oil futures gain for the session, drop 3.8% for the week

U.S. oil prices finished higher on Friday, trimming their loss for the week down to less than 4%, as traders weighed pressure from an expected rise in Libya exports against support from signs of tighter global supplies. August West Texas Intermediate crude CLQ8, +0.36% added 68 cents, or 1%, to settle at $71.01 a barrel […]

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Isner-Anderson's semifinal clash at Wimbledon is already the second longest in the tournament's history

American John Isner and South Africa’s Kevin Anderson are locked in a marathon fifth-set semifinal duel that already ranks as the second longest in Wimbledon’s storied history. At last check, the match between the ninth seeded Isner and 8th seeded Anderson was tied up 7-6, 6-7, 6-7, 6-4, 24-24 and exceeded the previous record holder […]

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Cisco and other networking stocks plunge amid Amazon competition fears

Large networking companies like Cisco Systems Inc. CSCO, -4.13% Arista Networks Inc. ANET, -4.26% and Juniper Networks Inc. JNPR, -2.28% were hit in Friday trading by a monster that has already rampaged through other sectors: Fear that Amazon.com Inc. AMZN, +0.91% will make a challenge. The Information reported Friday that Amazon is considering selling its […]

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Boeing to book $124 million after-tax charge in Q2 after court rules against it in Wichita sale case

The Boeing Co. BA, +1.38% said Friday it will recognize a $124 million after-tax charge in the second quarter, after a court ruled against it in a case involving the 2005 sale of its production facilities in Wichita, Kansas. The aerospace giant said the Delaware Supreme Court ruled that it is not entitled to recover […]

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