Watch live: Lutnick testifies before House on fiscal 2027 budget request

Commerce Secretary Howard Lutnick will testify before the House Appropriations Committee Thursday morning on President Trump’s fiscal 2027 budget request. The White House is requesting $9.2 billion in discretionary budget authority for the Commerce Department — a $1.3 billion decrease from 2026 levels, which includes cuts to climate research grants and other programs deemed “inadequate.”…

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Minimally invasive treatment demonstrates sustained improvement for heart valve patients with limited options

Findings from the AltaValve Early Feasibility Study show that patients with a leaking mitral valve continue to receive clinical benefit up to one year after atrial fixation transcatheter mitral valve replacement (TMVR). The researchers presented the latest data at the Society for Cardiovascular Angiography and Interventions (SCAI) 2026 Scientific Sessions and the Canadian Association of…

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Oil giant BP suffers AGM shareholder revolt

BP logos are seen at a BP petrol and diesel filling station southeast of London on June 15, 2020. BEN STANSALL | AFP | Getty Images LONDON — British energy major BP suffered a shareholder revolt at its annual general meeting on Thursday, following a tense clash with investors over corporate governance and climate transparency….

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United merger would be ‘bad for customers’

Robert Isom, chief executive officer of American Airlines Group Inc., during a news conference at the US Department of Transportation in Washington, DC, US, on Thursday, May 8, 2025. Samuel Corum | Bloomberg | Getty Images American Airlines CEO Robert Isom said a potential merger with rival United Airlines would hurt consumers and would be…

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