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U.S. fund investors hesitant on domestic stocks: ICI

NEW YORK (Reuters) – International stocks and taxable bonds raked in cash for the 40th week in a row as investors tiptoed away from the domestic equity market, Investment Company Institute (ICI) data for U.S.-based funds showed on Wednesday. Taxable bond mutual funds and exchange-traded funds attracted $5.9 billion, and world stock funds pulled in another $2.7 billion, the trade group said. The data reflects activity in the week ended Sept 6, after North Korea’s largest ever nuclear bomb test and U.S. investors were shaken by Hurricanes Irma and Harvey. Read More

               

Portable Czech brewery brings home-made beer garden dreams a step closer

PRAGUE (Reuters) – For beer lovers who dream of brewing their own pint, a portable brewery from the Czech Republic may be just the thing – if they have $124,000 to spare. Fitting into a standard shipment container, the “Smart Brewery” made in Prague by the Well Service company can produce up to 525 hectolitres of beer, or 2,000 pints a week. “We wanted to make a brewery that would be mobile, possible to deliver anywhere in the world, with a simple use and not space-demanding,” Pavel Pozivil from the Read More

               

Batteries for homes, businesses surged in U.S. in second quarter  

(Reuters) – The U.S. energy storage market fell 11 percent in the second quarter as utilities connected fewer large projects to the grid, but batteries deployed in homes and businesses hit a record thanks to state incentives in California and Hawaii and lower prices on the technology. Overall, the U.S. deployed 38 megawatts of new energy storage during the period, down from 42.8 MW a year ago, according to a report released on Thursday by GTM Research and the Energy Storage Association. More than 40 percent of that was installed Read More  

               

Insmed’s lung drug meets main goal in key study, shares soar

(Reuters) – Insmed Inc said its drug for the treatment of a rare lung disorder met the main goal in a key study, sending its shares soaring in premarket trading on Tuesday. The drug, Alis, was used for the treatment of resistant nontuberculous mycobacterial (NTM) lung infections in a late-stage study that involved 336 adult patients. The company said the addition of the drug to standard treatment showed statistical significance in reducing bacterial density, a measure of change in infection, by the sixth month in 29 percent of patients, compared Read More

               

Marijuana products sending more French kids to ERs – world news headlines from reuters

(Reuters Health) – Increased availability of potent marijuana products in France may be driving an increase in emergency room visits by intoxicated toddlers, a new study suggests. Yearly admissions for accidental marijuana intoxication at pediatric emergency departments in France more than doubled between 2004 and 2014, researchers found. “I was surprised by the increase of admissions in my unit for cannabis unintentional intoxication among toddlers and by the increase of severe presentation after children had eaten part or a entire cannabis resin stick,” said lead author Dr. Isabelle Claudet, who Read More