Investing.com -- U.S. consumers are pulling back on plans to buy electronics, according to Morgan Stanley’s latest AlphaWise survey, as sentiment around the economy remains mixed and cautious spending persists across income levels. In June, net consumer electronics spending intentions for the next six months fell by 7 percentage points month-over-month (M/M) to -15%, returning to pre-tariff lows ...
(Reuters) -Aerospace supplier TransDigm Group said on Monday it will acquire Simmonds Precision Products from defense contractor RTX Corp for about $765 million in cash. Simmonds makes fuel and proximity sensing and structural health monitoring products for the aerospace and defense industry. Cleveland, Ohio-based TransDigm supplies aircraft components such as cockpit security systems and engine ...
By Siddhi Mahatole (Reuters) -The U.S. Food and Drug Administration said on Friday it had eliminated risk evaluation and mitigation strategies (REMS), a safety program to protect patients from risky drugs, for currently approved CAR-T cell immunotherapies. REMS is required by the FDA to ensure a drug’s benefits outweigh its risks by managing serious safety concerns. The FDA said risks linked to ...
VENICE, Italy (Reuters) -Amazon founder Jeff Bezos and journalist Lauren Sanchez invited scores of VIPs from film, finance and showbusiness to Venice this week for three days of wedding celebrations. Here are some facts and figures about what has been dubbed the "Wedding of the Century". COST OF THE WEDDING The wedding celebrations for around 200-250 guests are expected to cost 40 million to ...