GEN

Judge blocks sale of machine gun converters after US sues

NEW YORK, Jan 26 (Reuters) – The US Department of Justice said it has obtained a court order blocking two firearms companies from imperiling public safety by illegally selling devices to convert AR-15 style rifles into machine guns. US District Judge Nina Morrison in Brooklyn on Wednesday issued a temporary restraining order against Rare Breed …

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US says it ‘hacked the hackers’ to bring down ransomware gang, helping 300 victims

WASHINGTON, Jan 26 (Reuters) – The FBI revealed on Thursday it had secretly hacked and disrupted a prolific ransomware gang called Hive, a maneuver that allowed the bureau to thwart the group from collecting more than $130 million in ransomware demands from more than 300 victims . At a news conference, US Attorney General Merrick …

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Heavy snow causes havoc in Japan as cold snap sweeps through Asia

TOKYO, Jan 25 (Reuters) – Heavy snow blanketed wide swathes of Japan on Wednesday, snarling traffic, forcing hundreds of flight cancellations, disrupting train travel and leaving at least one person dead. An unusually cold weather front and extreme low pressure systems set snow falling and strong winds blowing across Japan from Tuesday after causing havoc …

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US inflation roller coaster prompts fresh look at long-ignored money supply

NEW YORK, Jan 26 (Reuters) – The amount of money sloshing around the US economy shrank last year for the first time on record, a development that some economists believe bolsters the case for US inflation pressures continuing to abate. The Federal Reserve’s main measure of the nation’s money stock – known as M2 money …

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Strong US economic growth expected in fourth quarter, outlook darkening

Fourth-quarter GDP forecast to increase at a 2.6% rate Strong consumer spending seen; other sectors to contribute Weekly jobless claims expected to rise moderately WASHINGTON, Jan 26 (Reuters) – The US economy likely maintained a strong pace of growth in the fourth quarter as consumers boosted spending on goods, but momentum appears to have slowed …

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Merck scraps Keytruda trial for prostate cancer after dismal interim data

Jan 25 (Reuters) – Merck & Co Inc (MRK.N) said on Wednesday it was discontinuing a late-stage trial of its blockbuster immunotherapy Keytruda in some prostate cancer patients after interim data showed it was unlikely to meet the study’s main goals. The interim analysis showed the therapy did not extend survival or help extend the …

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Indian university warns students not to screen BBC documentary on Modi

NEW DELHI, Jan 24 (Reuters) – A top Indian university has threatened strict disciplinary action if its students’ union carries out plans on Tuesday to screen a BBC documentary on Prime Minister Narendra Modi, saying the move might disturb peace and harmony on campus. Modi’s government has dismissed the documentary, which questioned his leadership during …

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Amazon deepens healthcare push with $5 monthly subscription

Jan 24 (Reuters) – Amazon.com Inc (AMZN.O) said on Tuesday it is offering a $5 monthly subscription plan for US Prime members that will cover a range of generic drugs and their doorstep delivery, furthering the ecommerce giant’s push into healthcare . The program, named RxPass, includes more than 50 medications addressing over 80 chronic …

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