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FDA Approves First Treatment For An Extremely Rare Disorder

In a first, the FDA has approved a treatment for hereditary orotic aciduria, an extremely rare disorder, which has been reported in approximately 20 patients worldwide.
Developed by privately-held Wellstat Therapeutics Corp., the approved drug Xuriden…

Emera To Buy Teco Energy For $10.4 Bln.

Canadian power company Emera Inc (EMA.TO) on Friday said it has agreed to buy U.S. electric and gas utility Teco Energy Inc (TE) for $27.55 per share in cash as part of efforts to expand into Florida and New Mexico. The deal represents an aggregate pu…

Democratic Sen. Cardin Announces Opposition To Iran Nuclear Deal

While President Barack Obama already has the votes to sustain a veto of a resolution to kill the Iran nuclear deal, a key Democrat still announced his opposition to the agreement on Friday.
Sen. Ben Cardin, D-Md., the top Democrat on the Senate Foreig…

Crude Oil Ends Lower But Gains 1.8% For Week

U.S. crude oil snapped a two-day gain to end lower on Friday, after some mixed U.S. jobs data raised concerns over its impact on energy demand and the possibility of a delay in the Federal Reserve plans on hiking interest rates. Investor sentiments we…

Clinton Apologizes For Confusion Over Private Email Server

Facing falling poll numbers, Democratic presidential frontrunner Hillary Clinton has apologized for the confusion caused by her decision to use a private email server while Secretary of State.
Clinton was asked about the controversy and whether she sh…