May 12, 2025

News Summary The Southeast is bracing for severe weather as an atmospheric river brings heavy rain and storm chances across Florida to the Carolinas. With localized flooding already reported and tornado warnings issued, communities are urged to stay vigilant. The National Weather Service has placed a flood watch in effect, and significant rainfall could lead to hazardous conditions. While drier weather is expected after the storm system passes, prepared residents

News Summary In response to the New World Screwworm outbreak in Mexico, the USDA has temporarily halted the importation of live cattle, horses, and bison from the southern border. This parasitic fly poses a significant threat to U.S. livestock, leading to severe animal health issues. The USDA, in collaboration with Customs and Border Protection, is actively monitoring the situation to ensure the safety of American livestock and mitigate any potential

News Summary The U.S.-China trade war is severely impacting the toy industry, particularly affecting Huntar Company Inc., which faces massive tariffs and production cuts. As tariffs rise, the company contemplates relocating operations to mitigate financial losses. With significant dependency on Chinese manufacturing, the entire sector faces an uncertain future, especially small and mid-sized firms that are struggling to cope with rising operational costs and potential closures. The looming threat of

News Summary Pharmaceutical stocks fell sharply following President Trump’s announcement to cut prescription drug costs by aligning U.S. prices with those in other countries. Notably, Novo Nordisk A/S saw an 8.6% decrease in shares at market open, impacting the Stoxx 600 Health Care Index, which dropped by 3.3%. The announcement has raised concerns among investors about the future profitability of pharma companies, casting uncertainty on their financial performance and operational