Achaogen Inc is a biopharmaceutical company developing novel antibacterial treatments against multi-drug resistant gram-negative infections. The company is researching and developing on its product plazomicin used for the treatment of serious bacterial infections. It's another antibacterial candidate, C-Scape treats patients with urinary tract infections. All of the company's revenue is generated from government contracts for research and development in the United States.

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TG Therapeutics Announces Presentation of Data from the ULTIMATE I & II Phase 3 Trials of Ublituximab in Multiple Sclerosis at 7th Congress of the European Academy of Neurology

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Entasis Therapeutics Receives Intention to Grant a Patent from the European Patent Office

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Boeing's 737 MAX 10 Makes its First Flight

Lordstown Motors Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ride#NASDAQ">RIDE</a>) backtracked on statements by its president that the startup has confirmed orders for its Endurance commercial electric pickup truck, telling the Securities and Exchange Commission (SEC) the orders are solid but not bankable.

The reversal of comments by President Rich Schmidt on Tuesday came in the form of an 8-K filing with the SEC, which is already investigating earlier claims of allegedly inflated orders that contributed to the ouster of founder and CEO Steve Burns on Monday.

The latest kerfuffle comes after <a href="https://www.freightwaves.com/news/lightning-strike-lordstown-motors-might-not-survive-the-year">a "going concern" filing</a> last week that said the company might not survive the year without additional funds. Lordstown (LMC) began public trading last October after a business combination with Diamond Peak Holdings Corp., a special purpose acquisition company (SPAC). 

Diamond Peak, a shell company created to merge with a private company, raised $780 million for Lordstown, which took over a former General Motors Co. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/gm#NYSE">GM</a>) car assembly plant in the northeast Ohio community of the same name.

<h2 id="h-orders-claim-retracted">Orders Claim Retracted</h2>

Schmidt, a veteran of several Asian automakers and Tesla Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tsla#NASDAQ">TSLA</a>), told a virtual meeting of the Automotive Press Association in Detroit on Tuesday that Lordstown had sufficient confirmed orders to produce Class 2A vehicles from this September through next May. 

On Thursday, Lordstown sought to <a href="https://www.sec.gov/ix?doc=/Archives/edgar/data/1759546/000110465921082332/tm2119909d1_8k.htm">set the record straight with the SEC.</a>

"Although these vehicle purchase agreements provide us with a significant indicator of demand for the Endurance, [they] do not represent binding purchase orders or other firm purchase commitments," the company said. "We have no binding purchase orders or commitments from customers."

Schmidt indicated LMC had customers for the 15,000 to 20,000 pickups it could build before effectively running out of money next May.

The question of orders haunts Lordstown as it struggles for survival. Tuesday's comments led to a big gain in Lordstown's share price, a day after it cratered on the news of the<a href="https://www.freightwaves.com/news/top-lordstown-motors-executives-out-as-spac-backed-startup-teeters"> resignations of Burns and Chief Financial Officer Julio Rodriguez.</a>

Shares traded 4.36% higher during the day Friday at $10.76 following the latest SEC filing.

Separately, Lordstown on Thursday hired John Whitcomb, a former GM executive, to the newly created position of vice president of global commercial operations  He will be responsible for driving LMC's overall go-to-market strategy, including the development of a sales and service footprint and establishment of a national sales network.

<h2 id="h-related-articles">Related articles:</h2>

<a href="https://www.freightwaves.com/news/lordstown-motors-charges-ahead-with-electric-pickup-despite-major-setbacks">Lordstown Motors charges ahead with electric pickup despite major setbacks</a>

<a href="https://www.freightwaves.com/news/top-lordstown-motors-executives-out-as-spac-backed-startup-teeters">Top Lordstown Motors executives out as SPAC-back startup teeters</a>

<a href="https://www.freightwaves.com/news/lightning-strike-lordstown-motors-might-not-survive-the-year">Lightning strike: Lordstown Motors might not survive the year</a>

<a href="https://www.freightwaves.com/news/author/alanadler">Click for more FreightWaves articles by Alan Adler.</a>

<a href="https://www.freightwaves.com/news/author/alanadler"> </a>
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Shift To Reverse: Lordstown Motors Backtracks (Again) On Electric Pickup Orders

The fast-food industry spends $5 billion on advertising and is disproportionately targeting children in general and Black and Latino youth in particular, according to the <a href="https://media.ruddcenter.uconn.edu/PDFs/FACTS2021.pdf">Fast Food FACTS 2021</a> report published by the Rudd Center for Food Policy and Obesity at the University of Connecticut.
An Advertising Overview: The report, which tracked data and trends during 2019, found the level of annual advertising spending increased by more than $400 million since 2012.
A total of 274 fast-food restaurants advertised in 2019, but six restaurants &mdash;&nbsp;McDonald&rsquo;s Corp (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mcd#NYSE">MCD</a>), Domino&rsquo;s, Burger King, Yum! Brands, Inc.&#39;s&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/yum#NYSE">YUM</a>) Taco Bell, Sonic, and Little Caesars&nbsp;&mdash;&nbsp;were responsible for 46% of total fast-food ad spending and approximately 55% of fast-food TV ads viewed by children and teens.
All of the top fast-food advertisers devoted 80% or more of their total advertising spending to television noted, and the medium accounted for 98% or more of the Restaurant Brands International&rsquo;s (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/qsr#NYSE">QSR</a>) Burger King and Popeyes, Domino&rsquo;s Pizza (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/dpz#NYSE">DPZ</a>) and Inspire Brands&rsquo; Sonic Drive-In.
Related Link: <a href="https://www.benzinga.com/news/21/06/21615077/el-pollo-loco-to-test-drone-delivery-for-restaurant-orders">El Pollo Loco To Test Drone Delivery For Restaurant Orders</a>
Targeted Marketing: The report determined that preschoolers, children and teens viewed on average 2.1 to 2.3 fast-food TV ads per day, but less than 10% of the advertisements viewed promoted kids&rsquo; meals.
Nearly all restaurants with child-directed TV ads advertised on ViacomCBS Inc.&#39;s&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/viac#NASDAQ">VIAC</a>) Nickelodeon cable channel, which represented 66% of ads viewed by preschoolers on children&rsquo;s TV and 56% of ads viewed by children.
AT&amp;T Inc.&#39;s&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/t#NYSE">T</a>) CartoonNetwork represented 22% of the ads viewed on children&rsquo;s TV and 29% of the ads viewed by children.
McDonald&rsquo;s Happy Meals and restaurant were the only products advertised on Walt Disney Co.&rsquo;s (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/dis#NYSE">DIS</a>) Disney XD. The report noted that Disney is the only media company with clearly defined nutrition standards for products seeking to advertise on its children&rsquo;s television channel.
The report also determined&nbsp;fast-food advertising is heavily targeting Black and Latino youth. Total advertising spending by fast-food restaurants on Spanish-language TV during 2019 was $318 million, a 33% increase from seven years earlier. In comparison, total TV ad spending only went up by 9% during the same time period.
Black preschoolers, children, and teens viewed approximately 75% more fast-food TV ads than their white peers. The report noted&nbsp;Black youth watched more television than their white counterparts: on average Black preschoolers watched 32% more hours of TV than white preschoolers watched, while Black children watched 61% more and Black teens 58% more.
In 2019, 22 of the top 27 fast-food restaurants spent a total of $99 million to advertise on Black-targeted TV. This averaged 3% of their national TV ad spending budgets on Black-targeted television programming.
&ldquo;Now more than ever, parents need support in raising healthy children, and consistent exposure to ads featuring burgers, fries, and pizza sabotages their best efforts,&rdquo; said Frances Fleming-Milici, Director of Marketing Initiatives at the Rudd Center and a co-author of the study.
&ldquo;Media companies, policymakers, and advocates can play a vital role in demanding an end to irresponsible advertising.&rdquo;
Seeking More Minority-Focused Advertising: The new report comes one month after a lawsuit was filed against a fast-food giant that claimed it was intentionally refusing to advertise on Black-owned media outlets.
McDonald&rsquo;s is being sued for $10 billion by Entertainment Studios Inc. and Weather Group LLC, companies owned by comedian-turned-media executive Byron Allen.
The lawsuit alleged McDonald&rsquo;s has refused to advertise on Entertainment Studios&rsquo; 12 television networks or Weather Group&rsquo;s The Weather Channel since Allen acquired the companies in 2018, noting McDonald&rsquo;s has &ldquo;purchased significant advertising on similarly situated, white-owned networks.&rdquo;
The lawsuit added McDonald&rsquo;s spends less than $5 million of its $1.6 billion annual television ad budget on Black-owned media, even though 40% of its sales come from Black consumers.
&ldquo;Mcdonald&#39;s takes billions from African American consumers and gives almost nothing back,&rdquo; said Allen, who is Black, in a statement. &ldquo;The biggest trade deficit in America is the trade deficit between White corporate American and Black America, and McDonald&rsquo;s is guilty of perpetuating this disparity.&rdquo;
The lawsuit came on the same day McDonald&rsquo;s <a href="https://www.benzinga.com/news/21/05/21216692/mcdonalds-boosts-advertising-in-diverse-owned-media-what-you-need-to-know">pledged</a> it would increase its national advertising spending in media outlets with Black, Latino, Asian American, female and LGBTQ ownership.
Related Link: <a href="https://www.benzinga.com/news/21/06/21368281/pizza-hut-and-chilis-unveil-limited-edition-menu-specialties">Pizza Hut And Chili&#39;s Unveil Limited Edition Menu Specialties</a>
(Photo by Free-Photos / Pixabay.)

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Fast-Food Industry Takes Aim At Children With $5B Advertising Spending: Report

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Dynagas LNG Partners Shares See Volume; Hearing Upgraded To Buy At Stifel

<ul>
<li>The&nbsp;<a class="editor-rtfLink" href="https://www.prnewswire.com/news-releases/roche-sars-cov-2-molecular-test-granted-first-fda-emergency-use-authorization-for-pcr-testing-of-both-symptomatic-and-asymptomatic-individuals-at-the-point-of-care-301315254.html" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">FDA has granted Emergency Use Authorization</a>&nbsp;(EUA) to&nbsp;Roche Holding AG&#39;s&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/rhhby#OTC">RHHBY</a>) Cobas SARS-CoV-2 Nucleic acid test for use on the Cobas Liat System.</li>
<li>This singleplex test is the first real-time RT-PCR test to identify SARS-CoV-2 infection within 20 minutes, both asymptomatic and symptomatic persons.</li>
<li>The test will be available in July.</li>
<li>Price Action:&nbsp;RHHBY shares down 0.75% at $47.14 during the market trading session on the last check Friday.</li>
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Roche's New COVID-19 Point Of Care Test Scores FDA Emergency Use Nod

<ul>
<li>The&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/pressreleases/21/06/b21625151/bristol-myers-squibb-receives-european-commission-approval-for-onureg-azacitidine-tablets-as-front" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">European Commission has granted full marketing authorization</a>&nbsp;to&nbsp;Bristol Myers Squibb &amp; Co&#39;s&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/bmy#NYSE">BMY</a>) Onureg (azacitidine tablets)</li>
<li>The approval comes as maintenance therapy in adult patients with acute myeloid leukemia (AML) who achieved complete remission or complete remission with incomplete blood count recovery after induction therapy with or without consolidation treatment and who are not candidates for hematopoietic stem cell transplantation.</li>
<li>Onureg is approved in the U.S. for the same set of AML patients.</li>
<li>Price Action:&nbsp;BMY shares are down 0.48% at $66.45 during the market trading session on the last check Friday.</li>
</ul>

Bristol Myers Onureg Scores European Approval As Maintenance Therapy For Acute Myeloid Leukemia

<a href="https://electrek.co/2021/06/18/tesla-model-s-plaid-348-mile-epa-rated-range-21-inch-wheels/" title="https://electrek.co/2021/06/18/tesla-model-s-plaid-348-mile-epa-rated-range-21-inch-wheels/">https://electrek.co/2021/06/18/tesla-model-s-plaid-348-mile-epa-rated-range-21-inch-wheels/</a>

'Tesla Model S Plaid receives 348-mile EPA rated range on 21-inch wheels' -Electrek Report

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UPDATE: JP Morgan On Amazon: Multi-Year Head Start In The Cloud Has Led To 40%+ AWS Global Market Share

JP Morgan On Amazon: Co.'s Flexibility In Pushing First-Party Vs. Third-Party Inventory And Its Prime Offering Both Serve As Major Advantages In Its Retail Business

The July 30 MLB trade deadline is fast approaching and&nbsp;after two-and-a-half months of action, the playoff picture is starting to become clear.
The best-of-the-best, teams such as the Los Angeles Dodgers and&nbsp;Chicago White Sox,&nbsp;will look to get even better at the trade deadline in hopes of a World Series run.
However, several teams&nbsp;currently flying under the radar have the potential to make noise come October if they make the right moves in July.
Here are three teams that could get aggressive at the trade deadline and impact the postseason odds.
All odds courtesy of Draftkings Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/dkng#NASDAQ">DKNG</a>).
<h3>St. Louis Cardinals</h3>
Betting odds: +270 to win National League (NL)&nbsp;Central, +1200 to win the NL, +2200 to win World Series
The Cardinals made one of the biggest moves of the offseason in acquiring third baseman Nolan Arenado from the Colorado Rockies. However, they are fourth in the NL Central and have a 4.21 ERA as a team.
When staff ace Jack Flaherty went out, the trajectory of the Cardinals&rsquo; season changed. However, with an offense boasting Arenado, Paul Goldschmidt&nbsp;and several exciting young players, St. Louis has the firepower to contend.
Biggest need: The Cards need pitching help. They have serious ground to make up in the division and can&rsquo;t do that without adding a starter.
The bullpen with Alex Reyes and Giovanni Gallegos has been good, but targeting an ace such as&nbsp;Washington National&nbsp;Max Scherzer or Minnesota Twins starter&nbsp;Jos&eacute; Berr&iacute;os&nbsp;would go a long way to getting the Cardinals back into contention.
<h3>Toronto Blue Jays</h3>
Betting odds: +425 to win American League (AL)&nbsp;East, +1000 to win the AL, +2500 to win World Series
The Blue Jays have one of the best offenses in baseball. Vladimir Guerrero Jr. is the MVP favorite in the AL with Shohei Ohtani and the team averages the fifth-most runs in baseball.
Marcus Semien, Bo Bichette and others have been outstanding while free-agent signee George Springer has played just four games. Once he returns, Toronto will be even more dangerous.
Biggest need: Like St. Louis, the Blue Jays need rotation help. The team&nbsp;ranks right around league average in ERA and needs to add at least one quality starter to make a postseason run.
While Scherzer will be pursued by just about every pitching-needy team, the Blue Jays don&rsquo;t need to break the bank going after him. Instead, the front office could land B&eacute;rr&iacute;os, Jon Gray, Pablo Lopez&nbsp;or any other good starter on the market to bolster the rotation.
<h3>Boston Red Sox</h3>
Betting odds: +350 to win AL East, +900 to win the AL, +2200 to win World Series
The Red Sox have been one of the bigger surprises this season. The team&nbsp;jumped out to the lead of the AL East and has continued to hold tough in the division.
With a solid, but unspectacular, bullpen and starting rotation, Boston&rsquo;s top-of-the-lineup has shined. JD Martinez, Xander Bogaerts, Rafael Devers&nbsp;and Alex Verdugo have put together terrific seasons and are among the league leaders at their respective positions.
Biggest need: Boston needs to bolster the bottom of its lineup by adding an outfield bat.
Targets could include Starling Marte from the Miami Marlins or Joey Gallo from the Texas Rangers, both among the <a href="https://www.benzinga.com/general/sports/21/06/21552291/mlb-trade-deadline-4-star-players-on-block-that-could-shake-up-world-series-race">biggest impact players available at the deadline</a>.
Adding another dangerous hitter would only make the offense even more dangerous.
With starter Chris Sale expected to return in July, the team could also pursue another starting pitcher as well.
(Photo of Busch Stadium/St. Louis by <a href="https://unsplash.com/@kirkthornton?utm_source=unsplash&amp;utm_medium=referral&amp;utm_content=creditCopyText">Kirk Thornton</a> on <a href="https://unsplash.com/s/photos/st.-louis-cardinals?utm_source=unsplash&amp;utm_medium=referral&amp;utm_content=creditCopyText">Unsplash</a>)
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MLB Trade Deadline: 3 Under-The-Radar Teams That Could Be Aggressive Buyers

UPDATE: JP Morgan On Amazon: Co. Remains Firm's Top Pick Overall As It's Well- Positioned To Be The Market Leader In The e-Commerce And Public Cloud As Secular Shifts Remain Early

<a href="https://www.marijuanamoment.net/maine-lawmakers-approve-bill-to-decriminalize-all-drugs-on-50th-anniversary-of-nixons-war-on-drugs/" title="https://www.marijuanamoment.net/maine-lawmakers-approve-bill-to-decriminalize-all-drugs-on-50th-anniversary-of-nixons-war-on-drugs/">https://www.marijuanamoment.net/maine-lawmakers-approve-bill-to-decriminalize-all-drugs-on-50th-anniversary-of-nixons-war-on-drugs/</a>

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Cannabis Stocks Quiet After Report 'Maine Lawmakers Approve Bill To Decriminalize All Drugs'

'Maine Lawmakers Approve Bill To Decriminalize All Drugs On 50th Anniversary Of Nixon's 'War On Drugs'' -MarijuannaMoment Report

Baker Hughes Reports Rig Counts For Last Week: U.S. Total Rigs Up 9, U.S. Oil Rigs Up 8.

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Baker Hughes Reports Rig Counts For Last Week: U.S. Total Rigs Up 9, U.S. Oil Rigs Up 8.

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Baker Hughes Reports Rig Counts For Last Week: U.S. Total Rigs Up 9, U.S. Oil Rigs Up 8

WIIM

Shares of banks and financial services companies are trading lower. The sector has been pressured by a dip in the 10-year and 30-year treasury yields.

JP Morgan analyst Doug Anmuth maintains Amazon.com (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) with a Overweight and maintains $4600 price target -&nbsp;Top Pick Highlighted by Analyst

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JP Morgan Maintains Overweight on Amazon.com, Maintains $4600 Price Target - Top Pick Highlighted by Analyst

Intel Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/intc#NASDAQ">INTC</a>) shares are trading lower by 3.3% at $55.28 after a DigiTimes article suggested the company&#39;s notebook CPU may lose market share in 2022.&nbsp;
Weakness in Intel can also be attributed to strength in computer systems design services company&nbsp;NVIDIA Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nvda#NASDAQ">NVDA</a>), whose shares are trading higher Friday by 3%&nbsp;on continued momentum&nbsp;after Jefferies maintained a Buy rating on the stock and raised its price target from&nbsp;$740&nbsp;to&nbsp;$854.
Intel is the world&#39;s largest chipmaker. It designs and manufactures microprocessors for the global personal computer and data center markets.
Intel pioneered the x86 architecture for microprocessors. It was the prime proponent of Moore&#39;s law for advances in semiconductor manufacturing, though the firm has recently faced manufacturing delays.

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