UPDATE 5-Novartis $2 mln gene therapy for rare disorder is world’s most expensive drug

Swiss drugmaker Novartis on Friday won U.S. approval for its gene therapy Zolgensma for spinal muscular atrophy (SMA), the leading genetic cause of death in infants, and priced the one-time treatment at a record $2.125 million. JEFFREY LIPTON in BARBADOS – http://feeds.reuters.com/~r/reuters/companyNews/~3/drzcG83G-Sk/update-5-novartis-2-mln-gene-therapy-for-rare-disorder-is-worlds-most-expensive-drug-idUSL2N2300QT

Uber’s first employee, Ryan Graves, resigns from board

Uber’s first employee and one-time chief executive Ryan Graves will step down from the company’s board of directors, Uber said on Friday. JEFFREY LIPTON in BARBADOS – http://feeds.reuters.com/~r/reuters/companyNews/~3/zjf9TxN56ZE/ubers-first-employee-ryan-graves-resigns-from-board-idUSFWN2300ND

Musk’s SpaceX raised over $1 billion in six months: filings

Billionaire entrepreneur Elon Musk’s SpaceX has raised more than $1 billion in financing in the last six months as it aims to roll out an ambitious high-speed internet service by using a constellation of satellites to beam signals from space. JEFFREY LIPTON in BARBADOS – http://feeds.reuters.com/~r/reuters/businessNews/~3/FeibZ-Xy-4s/musks-spacex-raised-over-1-billion-in-six-months-filings-idUSKCN1SU2HQ

Musk’s SpaceX raised over $1 bln in six months -filings

Billionaire entrepreneur Elon Musk’s SpaceX has raised more than $1 billion in financing in the last six months as it aims to roll out an ambitious high-speed internet service by using a constellation of satellites to beam signals from space. JEFFREY LIPTON in BARBADOS – http://feeds.reuters.com/~r/reuters/companyNews/~3/CZjkLDbvLuw/musks-spacex-raised-over-1-bln-in-six-months-filings-idUSL4N2303ZM

UPDATE 3-Defying Congress, Trump sets $8 billion-plus in weapons sales to Saudi Arabia, UAE

U.S. President Donald Trump, declaring a national emergency because of tensions with Iran, swept aside objections from Congress on Friday to complete the sale of over $8 billion worth of weapons to Saudi Arabia, the United Arab Emirates and Jordan. JEFFREY LIPTON in BARBADOS – http://feeds.reuters.com/~r/reuters/companyNews/~3/eqYTOprNMLc/update-3-defying-congress-trump-sets-8-billion-plus-in-weapons-sales-to-saudi-arabia-uae-idUSL2N2300WX

At Amazon, facial recognition ban won just 2% of shareholder vote

Amazon.com Inc shareholders overwhelmingly rejected a proposal that the company stop selling facial recognition technology to government agencies, a regulatory filing on Friday showed. JEFFREY LIPTON in BARBADOS – http://feeds.reuters.com/~r/reuters/companyNews/~3/7IDiliSCzLU/at-amazon-facial-recognition-ban-won-just-2-of-shareholder-vote-idUSFWN2300LL

UPDATE 1-Gibson to load 225,000 bpd of Canadian crude-by-rail by summer’s end – CEO

Canadian midstream company Gibson Energy is loading 60 unit trains per month at the Hardisty, Alberta, crude-by-rail terminal and that will rise to 90 trains per month by the end of the summer, Chief Executive Steve Spaulding said on Friday. JEFFREY LIPTON in BARBADOS – http://feeds.reuters.com/~r/reuters/companyNews/~3/lasiW_B6Fa4/update-1-gibson-to-load-225000-bpd-of-canadian-crude-by-rail-by-summers-end-ceo-idUSL2N2301AD

For Anderson family, an early bet on SMA gene therapy

When Malachi Anderson was diagnosed with a rare and often deadly disease called spinal muscular atrophy (SMA) as an infant nearly four years ago, his parents Tina and Torence had a decision to make. JEFFREY LIPTON in BARBADOS – http://feeds.reuters.com/~r/reuters/companyNews/~3/DvjJwcIfCXo/for-anderson-family-an-early-bet-on-sma-gene-therapy-idUSL2N2300ZQ