US, Iran at odds on nuclear inspections, frozen assets in deal to end war
- 24-Jun-2026
US President Donald Trump said on Tuesday that Iran had agreed to nuclear inspections into “infinity,” while Tehran said it had made no such concession in negotiations, raising questions about the viability of their fragile peace deal. The two countries, which held a first round of negotiations in Switzerland that ended on Monday, also offered […]
US House committee reaches bipartisan deal on social media rules for youth
- 23-Jun-2026
US House Energy and Commerce Committee leadership agreed on legislation that would require social media platforms to provide “safeguards and tools” for minors and parents, according to a statement on Monday, a key step in a years-long debate over how to protect children online. Chairman Brett Guthrie and top committee Democrat Frank Pallone declined to […]
US declines to approve smoking-cessation drug
- 23-Jun-2026
The US Food and Drug Administration (FDA) has declined to approve Achieve Life Sciences’ drug to treat nicotine dependence in adults, citing unresolved issues found at a third-party manufacturing facility and final product labeling that was not completed by the agency’s action date. The FDA did not identify any deficiencies related to the drug’s clinical […]
US announces targeted visa restrictions
- 18-Jun-2026
WASHINGTON, June 18: The US State Department announced visa restrictions targeting people it said were undermining peace in Ethiopia on Thursday, focused on hardliners in the Tigray People’s Liberation Front and their immediate family members. “Rising tensions between Tigray People’s Liberation Front (TPLF) hardliners and the Ethiopian government have threatened to reignite the conflict in […]
Utebzi: US approves antibiotic to treat urinary tract infections
- 18-Jun-2026
The US FDA has approved GSK’s oral antibiotic Utebzi to treat complicated urinary tract infections, the regulator said on Wednesday, giving patients a new treatment option against drug-resistant infections. The approval of the oral antibiotic, branded as Utebzi, offers a more convenient way to treat complicated infections—including a type of kidney inflammation called pyelonephritis—at home […]
Starbucks to give staff history training after backlash
- 16-Jun-2026
Starbucks Korea will shut all stores in the country at 3 p.m. on June 22 for staff training on historical awareness and social sensitivity, the operator Shinsegae Group said on Monday, following public backlash over a marketing campaign. The coffee chain faced widespread criticism and suffered a “very significant” drop in sales after last month’s […]
Yum Brands to sell struggling Pizza Hut chain
- 16-Jun-2026
Yum Brands said on Tuesday it would sell its Pizza Hut chain for $2.7 billion, as the fast-food business struggles with stiff competition and cautious consumer spending. Pizza Hut in Mainland China will be acquired by Yum China Holdings for $1.2 billion, while the rest of the business will go to private equity firm LongRange […]
Retail investors build big dreams on small slices of SpaceX
- 14-Jun-2026
Individual investors eager for a piece of SpaceX’s mega IPO on Friday scrutinized their e-mail inboxes and brokerage accounts to see just how big a slice of the pie they received, while others went straight to the open market to scoop them up on day one. From the start, SpaceX and its underwriters had determined […]
Tzield: US approves expanded use of type 1 diabetes drug
- 13-Jun-2026
The US Food and Drug Administration said on Friday it has approved the expanded use of Sanofi’s type 1 diabetes injection in children aged 8 to 17 years who were recently diagnosed with stage 3 of the condition. The FDA had first approved the drug, Tzield, in 2022 to delay the progression of type 1 […]
US-Venezuela operation kills leader of Tren de Aragua gang
- 13-Jun-2026
CARACAS: The leader of the transnational gang Tren de Aragua was killed in a joint operation by the United States (US) and Venezuela, authorities in the South American nation said on Friday. Founded in Venezuela, Tren de Aragua has been designated a terrorist organization by the United States and is also active in Colombia, Peru […]