(Reuters) - U.S. private forecaster AccuWeather said on Wednesday that estimated damage and economic loss from the California wildfire, already one of the worst in history, is over $50 billion at a preliminary level. Raging wildfires in Los Angeles killed at least two people, destroyed hundreds of buildings and stretched firefighting resources and water supplies since they began on Tuesday,...

06:09 PM EST, 01/08/2025 (MT Newswires) -- Vanda Pharmaceuticals ( VNDA ) said late Wednesday it sent a letter to US Food and Drug Administration Commissioner Robert Califf, highlighting what it described as the agency's faulty review of the company's new drug application for tradipitant to treat gastroparesis. The FDA previously declined to approve the application and provided the company...

Jan 8 (Reuters) - * FUNCTIONAL BRANDS INC - FILES FOR IPO * FUNCTIONAL BRANDS INC - TO APPLY FOR NASDAQ LISTING UNDER SYMBOL 'FBIC' * FUNCTIONAL BRANDS INC - IPO PRICE ESTIMATED BETWEEN $4.00 AND $5.00 PER SHARE * FUNCTIONAL BRANDS INC SAYS JOSEPH GUNNAR & CO., LLC IS THE UNDERWRITER Source text: ...

LAS VEGAS (Reuters) - Sweden's Volvo Group is proceeding with its planned $700-million heavy-truck factory in Monterrey, Mexico, CEO Martin Lundstedt told Reuters on Wednesday, even as President-elect Donald Trump threatens to impose U.S. tariffs on imports of vehicles and other goods. The maker of Volvo and Mack semi trucks has targeted growth in North America, which accounts for about...