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S&P 500, Nasdaq close at records; Deckers soars on UGG demand Jul 25, 2025 07:16PM

By Noel Randewich

(Reuters) -The S&P 500 and Nasdaq notched record high closes on Friday, lifted by optimism the U.S. could soon reach a trade deal with the European Union, while Deckers Outdoor surged following a strong quarter for the maker of UGG boots and Hoka sneakers.

European Commission President Ursula von der Leyen will meet U.S. President Donald Trump on Sunday in Scotland after EU officials and diplomats said they expected to reach... (continue reading...)


Two Southwest flight attendants injured after jet moved to avoid another aircraft Jul 25, 2025 07:06PM

By David Shepardson

WASHINGTON (Reuters) -Two flight attendants on a Southwest Airlines flight departing from Burbank, California, were injured and being treated on Friday after pilots took evasive action to avoid another aircraft, the airline said.

Southwest Flight 1496 sharply descended nearly 500 feet, according to flight tracking websites.

The airline and the Federal Aviation Administration said pilots took action after... (continue reading...)


FDA probes death of patient on Sarepta's Elevidys, partner Roche says death unrelated to therapy Jul 25, 2025 06:57PM

(Reuters) -The U.S. Food and Drug Administration said on Friday it was investigating the death of an eight-year-old boy who received Sarepta Therapeutics' muscular disorder gene therapy Elevidys.

The death occurred on June 7, the agency said, sending shares of the company down more than 3% in extended trading.

The patient with Duchenne muscular dystrophy, who died in Brazil, was treated with Elevidys but was not a participant in a clinical... (continue reading...)


US designates group allegedly tied to Venezuela's Maduro for supporting gangs Jul 25, 2025 06:57PM

(Reuters) -The United States on Friday designated a group it said is tied to Venezuelan President Nicolas Maduro for allegedly supporting the Tren de Aragua gang and Mexico's Sinaloa Cartel, which the U.S. has named so-called foreign terrorist organizations.

U.S. State Department's Bureau of Western Hemisphere Affairs said in a post on X, which it later deleted, that it would use "all the resources at our disposal to prevent Maduro from continuing to... (continue reading...)


Greek port workers jailed pending trial on drug smuggling charges Jul 25, 2025 06:35PM

ATHENS (Reuters) -Six workers at Greece's largest port Piraeus, arrested for allegedly participating in a gang smuggling cocaine hidden in shipping containers from Latin America, were jailed pending trial on Friday, legal sources said.

The case is the third investigation since 2023 that has led to the arrest of port workers on drug trafficking charges.

The suspects, employed by a private company handling cargo operations at Piraeus port... (continue reading...)


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