Core Viewpoint - The U.S. Food and Drug Administration (FDA) has issued warning letters to four major retailers for selling baby formula associated with a bacterial illness outbreak in infants, despite prior advisories [1] Group 1: Regulatory Actions - The FDA's warning letters highlight ongoing concerns regarding the safety of baby formula products in the market [1] - The retailers involved have been identified as continuing to sell products linked to the outbreak, raising questions about compliance with health regulations [1] Group 2: Health Implications - The bacterial illness outbreak has significant implications for infant health, necessitating immediate action from both retailers and regulatory bodies [1] - The situation underscores the importance of stringent safety measures in the baby formula industry to protect vulnerable populations [1]

Core Insights - OpenAI has appointed Albert Lee, previously a senior director of corporate development at Google, as its new vice president of corporate development [1] Company Developments - The appointment of Albert Lee is expected to enhance OpenAI's corporate development strategy [1]

The U.S. Food and Drug Administration has approved Daiichi Sankyo's therapy in combination with Roche's drug for the first-line treatment of patients with a type of breast cancer, the regulator said o... ...

Italy's Caltagirone construction group, a leading investor in bank Monte dei Paschi di Siena and insurer Generali , said on Monday it was beefing up governance controls relating to the two investments... ...

J.P. Morgan's global chair of investment banking, Jamie Grant, plans to retire early next year after more than four decades at the Wall Street bank, according to an internal memo seen by Reuters on Mo... ...

Core Point - A JetBlue passenger jet took evasive action to avoid a mid-air collision with a U.S. Air Force plane near Venezuela [1] Group 1 - The incident involved a JetBlue flight that was en route to New York [1] - The evasive action was confirmed by a pilot in an air traffic control recording [1]

The U.S. Federal Trade Commission said it and 21 states, along with the District of Columbia, have filed an amended complaint against ride-hailing app Uber alleging it engaged in deceptive billing and... ...

UBS' chief operations and technology officer, Mike Dargan, will leave the Swiss bank at the end of the month, the company said on Monday, as it reorganises the board to ensure smooth completion of its... ...

Italy's competition authority (AGCM) has closed an investigation into alleged unfair commercial practices concerning energy group Eni's unit Plenitude and will take no further action, the regulator sa... ...

Credit rating agency Fitch on Monday downgraded the credit ratings of insurance giant Humana along with various subsidiaries. ...