MORNING BUSINESS REPORT: FDA approves Rasonque for advanced pancreatic cancer patients

The headlines also include proposed data center delays, Chinese state-sponsored hackers, stocks and a survey on the afternoon energy slump.

(LILAMAX)- The Food and Drug Administration approved a new pancreatic cancer drug Wednesday that experts predict will transform treatment for the disease.

The drug, Revolution Medicines’ Rasonque, was approved for patients with advanced pancreatic cancer who have already tried a prior treatment, such as chemotherapy.

In a late-stage clinical trial of 500 patients, people who received the drug lived about twice as long as those who received chemotherapy. Patients who received Rasonque lived 13.2 months on average.

Data center projects face delays

As many as half of proposed data centers in the U.S. are at risk of delays or cancellations.

Kimmeridge Energy says political backlash and the complexity of building the projects are contributing to the slowdown.

Delays could reduce forecasts for U.S. natural gas demand, which is expected to rise as new power plants are built to provide electricity for the artificial intelligence boom.

The delays could also give China a head start in the AI revolution.

Stocks little changed

Stocks were little changed Wednesday.

Inflation numbers released Wednesday were not threatening.

Federal officials seize domains linked to Chinese hackers

Federal officials announced the seizure of three web domains linked to a Chinese state-sponsored hacking group.

The Department of Justice and FBI say the domains were connected to QTFY, a group used to compromise critical infrastructure and other sensitive networks.

The hackers infiltrated U.S. government computer networks ranging from NASA to the U.S. Senate before the domains linked to the group were shut down by federal authorities.

Survey finds afternoon energy slump hits before 3 p.m.

A survey of 2,000 U.S. adults found that the average person’s energy begins to fade by 2:48 p.m.

One in five people said their energy fades before noon.

The survey, conducted by Talker Research on behalf of Breakstone’s, found 70% of respondents feel pressure to go above and beyond in every situation just to keep up with their lives.

The survey found that for many Americans, feeling tired is not only about needing more sleep. It is also about having less time and energy for the moments that matter most.