logo
Trump Signs Order to Refill Strategic Reserves of Pharmaceutical Ingredients

Trump Signs Order to Refill Strategic Reserves of Pharmaceutical Ingredients

Epoch Times14 hours ago
WASHINGTON—President Donald Trump signed an executive order on Aug. 13 to enhance American drug supply chain resilience by filling and maintaining the strategic reserve for essential pharmaceutical ingredients, with a preference for American-made ingredients—a move designed to push production away from dependency on China-made ingredients.
'Nearly two-in-five prescription finished drug products are made in the United States, including many of the essential medicines,' the president's executive order stated. 'However, when it comes to Active Pharmaceutical Ingredients (APIs), the biologically active components of finished drug products, only about 10 percent of the APIs by volume for the finished drug products used in the United States are made here.'
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Report: Roger Goodell tells ESPN employees the NFL won't get involved with journalism
Report: Roger Goodell tells ESPN employees the NFL won't get involved with journalism

Yahoo

time3 minutes ago

  • Yahoo

Report: Roger Goodell tells ESPN employees the NFL won't get involved with journalism

Pending regulatory approval (which seems to be hardly a given), the NFL eventually will own 10 percent of ESPN. That dynamic has raised obvious concerns that the NFL will parlay its partial ownership into the potential airing of grievances about ESPN's coverage of the league. As a result, the powers-that-be are trying to ease the worries of ESPN reporters and analysts who fear being micromanaged by The Shield. Most recently, that resulted in (according to Commissioner Roger Goodell communicating with ESPN employees at a town-hall meeting via a recorded message. Per the report, "Goodell emphasized to ESPN employees that the league would not get involved in the network's journalism." We have three points to make in response to that contention. First, what else is he going to say? "You'd better watch out?" It's a very real concern that the NFL will try to impose upon ESPN the same degree of conscious self-editing that NFL Network reporters and analysts have exercised for years. Second, it would be different if the NFL didn't already have a habit of complaining to broadcast partners about things said and written by their reporters and analysts. It absolutely happens. (And it may happen today, as a result of me pointing out that it absolutely happens.) The league surely has complained to ESPN at some point in the past about something that ended up on ESPN Radio, or any of the various ESPN networks. And that was before the league owned a piece of the business. It's naive to think the NFL will say nothing if/when someone on the ESPN payroll says something that someone at the league office doesn't like. Third, Jim Trotter. So while the league may not "get involved in the network's journalism," the league will surely have something to say in the aftermath of the exercise of it. Especially when it's time to renew the contracts of people who have a history of covering stories the league doesn't like and/or posing questions to the Commissioner that he doesn't appreciate. At a time when it's more important than ever to speak truth to power, this has all the earmarks of yet another situation where power will end up being spoken to truth. Not immediately. Not obviously. But inevitably.

NetEase's Gaming Momentum Is Strong, But Investors Wary Of Slumping Units
NetEase's Gaming Momentum Is Strong, But Investors Wary Of Slumping Units

Yahoo

time3 minutes ago

  • Yahoo

NetEase's Gaming Momentum Is Strong, But Investors Wary Of Slumping Units

NetEase (NASDAQ:NTES) stock dropped after it reported fiscal second-quarter results on Thursday. The company's quarterly revenue increased 9.4% year-on-year to $3.89 billion (27.89 billion Chinese yuan), topping the analyst consensus estimate of $3.86 billion. The Chinese gaming player's adjusted EPADS of $2.07 beat the analyst consensus estimate of $ and related value-added services revenues rose 13.7% to $3.18 billion. The corresponding gross margin increased by 178 bps to 64.7% attributable to higher net revenues from Identity V, its newly launched games, Where Winds Meet and Marvel Rivals, and certain licensed games. Youdao (NYSE:DAO) revenue rose by 7.2% to $197.88 million, and the corresponding gross margin declined by 519 bps to 43.0%, primarily due to a decrease in net revenues from its smart devices. View more earnings on NTES NetEase Cloud Music's revenues were $274.8 million, down 3.5%, and its gross margin expanded by 396 bps to 36.1% driven by higher net revenues from its online music services. Innovative businesses and other revenue declined 17.8% to $237.2 million due to decreased net revenues from Yanxuan, advertising services, and the gross margin increased by 832 bps to 42.3%. As of June 30, 2025, NetEase held $19.8 billion in cash and equivalents and generated $1.52 billion in operating cash flow. The board of directors approved a dividend of 57 cents per ADS for the second quarter of 2025, versus 67.5 cents per ADS for the first quarter. NetEase stock gained over 51% year-to-date as its online gaming business remains resistant to macro and geopolitical headwinds. Price Action: NetEase stock is trading lower by 4.17% to $129.28 at last check Thursday. Photo by Sergei Elagin via Shutterstock Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? NETEASE (NTES): Free Stock Analysis Report This article NetEase's Gaming Momentum Is Strong, But Investors Wary Of Slumping Units originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Bojangles Announces Opening Plans for New York, New Jersey
Bojangles Announces Opening Plans for New York, New Jersey

Newsweek

time3 minutes ago

  • Newsweek

Bojangles Announces Opening Plans for New York, New Jersey

Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. Bojangles, the North Carolina-based fast food chain known for its fried chicken and buttermilk biscuits, has unveiled plans to expand its East Coast restaurants. On Wednesday, Bojangles announced the signing of a 20-unit franchise agreement for New York City, adding that construction had begun on a first location in Brooklyn. In addition, plans are in place for more than 50 total locations across the New York metropolitan area over the next 10 years, including 35 units in New Jersey, as part of a major expansion of the Cajun-style restaurant chain. Newsweek has contacted Bojangles via email for further comment on the plans. Why It Matters Bojangles boasts more than 800 restaurants across several U.S. states. The announced expansion represents a strategic push into one of the largest, densest urban American markets and follows the chain's broader growth trend beyond its Southeastern base, where it has operated since 1977. What To Know According to Wednesday's announcement, Bojangles' 20-unit agreement for New York City has been spearheaded by Habib Hashimi and Hashimi Holding Corporation. In its news release, the company described Hashimi as an "experienced restaurant owner and operator" and "a natural fit to lead the brand's emergence into the New York market." According to Hashimi's LinkedIn page, he previously operated Dairy Queen and Popeyes locations. Construction is already underway on the first site, slated to open in East Flatbush, Brooklyn, this winter. A Bojangles restaurant in Charlotte, North Carolina, on June 19, 2022. A Bojangles restaurant in Charlotte, North Carolina, on June 19, 2022. Getty Images "As Bojangles enters New York City, the real estate opportunity, from high foot traffic to dense urban neighborhoods, is ideal for introducing the brand's Southern flavors to an entirely new audience," the company said. "That's great NYC is in for some seriously good chicken and biscuits," one X user wrote in response to an article about the announcement. The news marks Bojangles' return to New York City, where it had a short-lived presence in the early 1980s. The company also said the 35-restaurant development agreement signed for New Jersey underscored "Bojangles' larger mission to grow in key metropolitan markets." What People Are Saying Habib Hashimi of Hashimi Holding Corporation said in a news release: "Bojangles has always stood out to me—from its delicious chicken, biscuits and breakfast to its incredible franchisee support system. I couldn't be more proud to lead Bojangles' growth in New York City. Our team has extensive experience running quick-service concepts across New York and Connecticut, and I'm confident residents will fall in love with the Southern flavors, hospitality and convenience Bojangles has to offer." Bojangles CEO Jose Armario said in the news release: "It's a monumental moment, now that we're entering the New York Metropolitan area again. The East Coast is craving the authentic, Southern charm that Bojangles delivers, and we're excited to introduce locals to something new. The franchise groups behind this expansion are the exact partners we want to grow with—they bring the industry know-how, operational experience and leadership needed to grow Bojangles in a bustling market like New York." What Happens Next Bojangles has a number of similar development agreements in the pipeline, which Restaurant Dive calculated in 2023 could eventually push its total store count to over 1,000.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store