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Makary Reveals What’s Broken Inside the FDA
Bloomberg Television· 2025-07-11 23:06
Talk to us about opioids that the FDA failed. The FDA did fail. There were many parts of our health care system that failed.Look, I feel terrible about the opioid epidemic. I personally prescribed opioids with misinformation. It was taught to me by my chief resident in my surgical residency, and we sort of woke up to this problem around 2014, 2015 and thought, Oh my God, what have we done.What information did we not have, I think was regulatory capture at the agency. Now we can't prove that. But when the re ...
Industrial Logistics Properties Trust (ILPT) Soars 14.7%: Is Further Upside Left in the Stock?
ZACKS· 2025-07-11 13:50
Core Viewpoint - Industrial Logistics Properties Trust (ILPT) has experienced a significant increase in share price, attributed to strong investor optimism following a substantial dividend announcement and positive earnings expectations [1][2]. Group 1: Stock Performance - ILPT shares rose 14.7% to $5.39 in the last trading session, with a trading volume higher than average [1]. - Over the past four weeks, ILPT stock has gained 32% [1]. Group 2: Dividend Announcement - The company announced a quarterly cash dividend of 5 cents per share, marking a 400% increase from the previous quarter [2]. - The dividend is scheduled to be paid on August 14 to shareholders of record as of July 21, 2025 [2]. Group 3: Earnings Expectations - ILPT is expected to report quarterly funds from operations (FFO) of $0.21 per share, reflecting a year-over-year increase of 50% [3]. - Revenue projections stand at $112.05 million, which is a 1.3% increase compared to the same quarter last year [3]. Group 4: FFO Estimate Revisions - The consensus FFO per share estimate for ILPT has been revised 45% higher in the last 30 days [4]. - Positive trends in FFO estimate revisions are typically associated with stock price appreciation [4]. Group 5: Industry Context - ILPT holds a Zacks Rank of 1 (Strong Buy), indicating strong market confidence [5]. - In comparison, Crown Castle (CCI), another stock in the same industry, has a Zacks Rank of 3 (Hold) and has seen a 0.5% increase in its last trading session [5][6].
No More Affordable Housing Required In Livingston Until 2035, Officials Say (Here’s Why)
Livingston, NJ Patch· 2025-07-11 13:41
Politics & GovernmentNo More Affordable Housing Required In Livingston Until 2035, Officials Say (Here’s Why)Livingston has met its affordable housing quota for the next decade – with more than nine years to spare, town officials claim.The Livingston Township Council has officially endorsed the town’s Fourth Round Housing Element and Fair Share Plan. The council’s recent decision comes after a June hearing before the planning board. (Google Maps)LIVINGSTON, NJ — Livingston has met its affordable housing quo ...
Dextall Closed $15M Series A as Leading Developers Back AI-Powered Prefab To Tackle Housing Crisis
GlobeNewswire News Room· 2025-07-11 13:25
NEW YORK, July 11, 2025 (GLOBE NEWSWIRE) -- Dextall, the construction technology company integrating design software with off-site manufacturing, has closed a $15 million Series A round to scale its AI-powered prefabrication platform nationwide. The round was anchored by industry powerhouses whose balance sheets and project pipelines rival those of major venture firms: L+M Development Partners – a national leader in affordable and mixed-income housing, responsible for over $20 billion in development and mor ...
X @Bloomberg
Bloomberg· 2025-07-11 11:40
Just as Democrats are ready to make housing cheaper, White House policies will restrict workers, increase building costs and hurt demand, writes @Erika_D_Smith (via @opinion) https://t.co/CWOJxuA89Y ...
FDA to Reward Drugmakers That Don't 'Rip Off' the US
Bloomberg Television· 2025-07-11 11:02
We are talking to industry constantly to figure out how we can be helpful. Which of their products being proposed are in line with our national priorities. That is meeting a large unmet public health need.Domesticating manufacturing as a national security issue. Increasing the affordability of drugs, which is an access problem. This president does not like to see Americans getting ripped off.And we've been paying more for drugs than in many wealthy countries around the world. Can you do anything about that. ...
Texas congressman: Focus should be on ‘recovery’ before evaluating gaps in flood prevention
NBC News· 2025-07-10 22:30
I'm joined now by Congressman Na Nathaniel Moran. He's a Republican from Texas. He's a co-sponsor of the Rural Weather Monitoring Systems Act.Uh Congressman, uh again, just our thoughts and prayers are with everyone in your district and beyond who are dealing with this awful tragedy. But let's talk about the situation. Texas officials, particularly in Kirk County, have not really addressed questions about why the community was not more prepared for this flooding event.Do you feel that the community is owed ...
X @Bloomberg
Bloomberg· 2025-07-10 20:36
There's a surprise tucked inside President Trump's "One Big Beautiful Bill" - the biggest increase in incentives to build affordable housing in a generation https://t.co/cmJZe2iLEQ ...
Oak Valley Community Bank Receives Approval on Over $5.3 Million in Grants Submitted to Support Modesto Gospel Mission and Tuolumne Economic Development Authority
Globenewswire· 2025-07-10 17:32
OAKDALE, Calif., July 10, 2025 (GLOBE NEWSWIRE) -- Oak Valley Community Bank, a wholly-owned subsidiary of Oak Valley Bancorp (NASDAQ: OVLY), announced they have received approval on three 2025 Affordable Housing Program (AHP) grants which were submitted to the Federal Home Loan Bank of San Francisco (FHLBank San Francisco) on behalf of Modesto Gospel Mission for a total of $3.75 million and Tuolumne Economic Development Authority (TEDA) for $1.596 million. These projects will bring meaningful and lasting i ...
Four Corners Acquires LongHorn Steakhouse Property for $2.5M
ZACKS· 2025-07-10 17:31
Key Takeaways FCPT acquired the LongHorn Steakhouse property in Michigan for $2.5 million to expand its portfolio The property was bought at a 6.5% cap rate and is corporate-operated under a long-term triple-net lease. This move supports FCPT's diversification strategy and aims to drive future revenue growth.Four Corners Property Trust (FCPT) recently announced the acquisition of LongHorn Steakhouse property for $2.5 million. This acquisition highlights the company’s expansionary and diversification effor ...