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Pfizer's Paxlovid fails as 15-day treatment for long COVID, study finds Jun 7, 2024 03:07PM

By Michael Erman

(Reuters) - A 15-day course of Pfizer's COVID-19 antiviral treatment Paxlovid did not relieve symptoms of long COVID, according a study by Stanford University researchers.

Currently, there are no proven treatments specifically for long COVID in which a host of symptoms can last for many months after initial coronavirus infection.

Scientists and patients had hoped that Pfizer's two-drug oral treatment would... (continue reading...)


US seeks 6 million barrels of oil for Strategic Petroleum Reserve Jun 7, 2024 02:59PM

By Timothy Gardner

WASHINGTON (Reuters) - The U.S. issued two solicitations on Friday to buy a total of 6 million barrels of crude oil for the Strategic Petroleum Reserve as the administration of President Joe Biden replenishes the stockpile following a historic sale in 2022.

The Department of Energy said the oil is for delivery to the SPR's Bayou Choctaw site in Louisiana from September through December.

The department... (continue reading...)


US household wealth hit another record in first quarter, Fed data shows Jun 7, 2024 02:52PM

(Reuters) - U.S. household wealth rose to a record of more than $160 trillion in the first three months of 2024 thanks to the stock market's record run and gains in real estate, Federal Reserve data showed on Friday.

Household net worth rose 3.2%, or by $5.1 trillion, with the appreciation of equity holdings accounting for the lion's share of the gain at $3.8 trillion, the Fed said in its quarterly snapshot of the nation's private and public sector... (continue reading...)


Zelenskiy says it's for Ukraine to determine his legitimacy, not Putin Jun 7, 2024 02:46PM

(Reuters) - President Volodymyr Zelenskiy said his legitimacy is recognised and determined by the Ukrainian people, while criticizing that of Russian President Vladimir Putin.

"President Zelenskiy's legitimacy is recognised by the people of Ukraine... Our people are free. Putin's legitimacy is recognised only by comrade Putin," he told a press conference in Paris.

Presidential elections in Ukraine were supposed to take place this... (continue reading...)


US Supreme Court justices disclose Bali hotel stay, Beyoncé tickets, book deals Jun 7, 2024 02:39PM

By Andrew Chung

(Reuters) - U.S. Supreme Court justices reported receiving gifts including a stay in a Bali hotel and tickets to a Beyoncé concert, as well as nearly $1.6 million in book advances and royalties in annual financial disclosure forms for 2023 released on Friday.

Conservative Justice Clarence Thomas, who has come under criticism for failing to disclose gifts from businessman and Republican donor Harlan Crow, revised his 2019... (continue reading...)


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