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Popular vodka brand closes facilities, no bankruptcy filing

The distilled spirits industry had a disappointing year in 2025, as spirits supplier sales declined by 2.2% to $36.4 billion, according to the Distilled Spirits Council of the United States. “While total U.S. spirits sales edged down 2.2% in 2025, the spirits industry remains resilient, driven by innovative products that continue to spark consumer interest,” […]

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Treasury Secretary Bessent just dropped a Fed rate-cut bombshell

U.S. Treasury Secretary Scott Bessent, in a stunning turnaround for the Trump administration, says he could understand if Federal Reserve officials want to wait to observe economic developments related to the Iran war before they resume cutting ​interest rates. But the secretary added he was quite confident that U.S. core ‌inflation would continue to go

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Replimune stock collapses 64% following FDA rejection

Replimune’s (REPL) investment thesis changed dramatically this week after the FDA rejected its lead cancer therapy, RP1, for a second time, sending shares down approximately 64% and forcing management into cost-cutting mode. The market is now questioning whether RP1 can still win approval and whether Replimune has enough capital to withstand a prolonged setback if

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