argenx announces U.S. FDA label expansion for VYVGART, VYVGART Hytrulo to include all adult generalized myasthenia gravis regardless of serotype
Friday, May 8, 2026
US sanctions 10 people and firms for aiding Iran’s production of Shahed drones
The US Treasury announces sanctions against 10 individuals and companies, including several in China and Hong Kong, for aiding efforts by Iran’s military to secure weapons and raw materials used to build Tehran’s Shahed drones.
The Treasury move, first reported by Reuters, comes days before US President Donald Trump plans to travel to China for a meeting with President Xi Jinping and as efforts to end the war with Iran have stalled.
In a statement, Treasury says it remains ready to take economic action against Iran’s military industrial base so Tehran cannot reconstitute its production capacity and project power outside its borders.
Treasury says it’s also prepared to act against any foreign company supporting illicit Iranian commerce, including airlines, and could impose secondary sanctions on foreign financial institutions that aid Iran’s efforts, including those connected to China’s independent “teapot” oil refineries.
“Under President Trump’s decisive leadership, we will continue to act to Keep America Safe and target foreign individuals and companies providing Iran’s military with weapons for use against US forces,” Treasury Secretary Scott Bessent says in a statement.
Inhibrx To Update on INBRX-106 HexAgon Study in First Line HNSCC
– Event to be webcast live on Monday, May 11, 2026, at 5:30 a.m. PT –
Inhibrx Biosciences, Inc. (Nasdaq: INBX) ("Inhibrx" or the "Company"), a clinical-stage biopharmaceutical company focused on developing therapeutics for oncology and rare diseases, today announced that it will host a live webcast presentation on Monday, May 11, 2026 at 5:30 a.m. Pacific Time to provide interim results from the randomized, first-line Phase 2 portion of the HexAgon study, which is evaluating the safety and efficacy of INBRX-106, a hexavalent OX40 agonist, in combination with pembrolizumab (the combination arm) versus pembrolizumab monotherapy (the control arm) in first-line patients with treatment-naïve, PD-L1 positive (CPS ≥ 20) metastatic or unresectable recurrent Head and Neck Squamous Cell Carcinoma (HNSCC).
Investors may join via the web: https://app.webinar.net/0KnxG3AZlEX or may listen to the call by dialing (1-888-880-3330). Please refer to Inhibrx or the conference ID 1841482 when calling in. Following the webcast, the presentation may be accessed through a link on the "Events and Presentations" section of Inhibrx's website. The webcast will be available for 60 days following the event. Following the presentation, Inhibrx will also update its corporate presentation within the "Investors" section of its website at www.inhibrx.com.
About INBRX-106
INBRX-106 is a hexavalent agonist targeting OX40 (CD134), a costimulatory receptor on T-cells. Utilizing Inhibrx's proprietary single-domain antibody (sdAb) platform, INBRX-106 is designed to achieve the high-order receptor clustering necessary for robust T-cell activation and survival, a feat that has eluded traditional bivalent antibody approaches.
Massive Oil Slick Spotted Off Iran's Kharg Island, Cause Unknown
An apparent large oil spill spanning dozens of square miles of sea has been spotted off of Iran's main oil hub of Kharg Island, according to open source satellite imagery and reporting in both the NY Times and Reuters on Friday.
The reports cite images from Copernicus's Sentinel-1, Sentinel-2, and Sentinel-3 satellites taken from monitoring May 6 through 8 which show a huge grey-and-white slick extending out to the west of Kharg Island.
"The slick appears visually consistent with oil," said Leon Moreland, a researcher at the Conflict and Environment Observatory, to Reuters. He believes it to be covering an area of approximately 45 square km (or nearly 18 sq miles).
While it's unclear what may have caused it, or the extent of possible damage to Kharg Island infrastructure or possibly docked tankers, the island has been attacked by US aerial forces in the recent post.
One regional source provides the following commentary:
It could be the result of a leak. Other claims have suggested oil was pumped into the sea because storage space had run out due to the blockade. In newer images, the oil slick appeared to be moving south.
Social media users expressed concern over what appeared to be an oil spill in the satellite images.
“This must be dealt with quickly before the oil reaches the coasts of other Gulf states,” a Saudi influencer wrote on X, where he has more than 750,000 followers.
And separately a regional monitor and expert explains the following:
Synthetic aperture radar imagery shows a large surface slick emanating from the waters around Kharg Island, Iran's primary crude oil export terminal responsible for roughly 90% of the country's oil exports.
At the time of detection, multiple tankers were simultaneously loading at the Kharg Island terminal. It is not yet clear whether the spill originated from a loading operation, a vessel, subsea infrastructure, or the terminal itself.
Satellite monitoring spotted the apparent spillage...
Earlier on Friday Iran's Fars reported sporadic clashes between Iranian Armed Forces and US vessels in the Strait of Hormuz. Amid the fog of war, nothing in the way of details emerged. By evening these clashes appeared to have ceased.
Foreign Ministry spokesperson Esmaeil Baghaei has condemned US "aggression and adventurism" but has also confirmed that Tehran is still reviewing the US proposal and is still going to respond soon.
https://www.zerohedge.com/geopolitical/massive-oil-slick-spotted-irans-kharg-island-cause-unknown
Far-left candidate to succeed Nancy Pelosi leads vulgar rally with Hasan Piker
San Francisco congressional candidate Saikat Chakrabarti made millions in tech, and he’s poured almost $5 million of his own wealth into the race to succeed former House speaker Nancy Pelosi.
But that didn’t stop the progressive techie — who’s been weirdly shunned by his former boss, Rep. Alexandria Ocasio-Cortez — from holding a rally to level vulgar attacks at the wealthy elite just a rung or two up the economic ladder.
“F–k the oligarchs,” Chakrabarti awkwardly shouted Thursday to a crowd gathered to hear him and Marxist influencer Hasan Piker speak.
Adding to the spectacle were shouts of “f–k Israel” and former New York congressman Jamaal Bowman leading chants of “f–k ICE.”
The race has highlighted divisions within local Democratic politics in the famously liberal city by the bay. Piker’s appearance was seen as a thumb in the eye of the establishment after he was condemned by the local Dem party.
Recently unearthed videos show Piker going on expletive-filled rants against Asian Americans, calling them “dogs for white people” and telling a female Vietnamese refugee to “suck my d—, old lady.” Chakrabarti also
Chakrabarti did not immediately respond to a request for comment about his actions at the event, which was held at a club in San Francisco’s SoMa neighborhood and comes ahead of the June 2 primary election.
Chakrabarti is facing off against state Sen. Scott Wiener, city Supervisor Connie Chan and neighborhood advocate Lori Brooke to see who will decide who will take the baton from Pelosi after four decades in office.
Federal campaign records show Chakrabarti has consistently funneled huge checks into his campaign, including two separate million-dollar contributions earlier this year.
Polling has shown Wiener, who is considered a moderate Democrat by San Francisco standards, leading the race, and his platform has traditionally focused on housing, transportation and LGBTQ+ rights as an openly gay man. Chan, meanwhile, is seen as a labor-oriented progressive and she has been unsuccessfully courting Pelosi’s endorsement.
Last month, Chan took a meeting in Pelosi’s office while in Washington, D.C. for a California Building Trades event.
Chakrabarti is further to the left than both candidates and he’s called for campaign finance reform that would prevent future candidates from independently funding campaigns with their own wealth as he’s doing.
That’s not the only disconnect in the race.
Ocasio-Cortez, better known as AOC, has been frequently cited by Chakrabarti as a model for his lefty brand of politics, but the congresswoman has ghosted her former campaign manager and chief of staff at every turn.
When recently asked by a reporter why she hasn’t endorsed Chakrabarti, AOC responded: “I’m just not commenting on it at all.”
The San Francisco Standard covered Thursday’s rally and noticed that some attendees were there more to observe than support.
“I don’t think someone with a hundred million dollars is a functioning human being on the same level as me,” said an attendee named Ryan, who declined to give his last name. “He’s not a real person.”
In an interview with the Standard, Chakrabarti — in perhaps oligarchian fashion — said there’s no limit on how much he’ll spend to win the race.
“That’s going to depend on how much is getting spent against me,” Chakrabarti said. “For me? I’m in this to win it.”
https://nypost.com/2026/05/08/us-news/saikat-chakrabarti-leads-vulgar-rally-with-hasan-piker/
Minn. GOP state lawmaker pushes House Oversight panel to subpoena Omar
A Minnesota state lawmaker is asking a powerful House committee to subpoena US Rep. Ilhan Omar (D-Minn.) for refusing to cooperate with an investigation into her possible ties to Somali fraudsters who bilked Twin Cities taxpayers out of $250 million.
State Rep. Kristin Robbins (R-Maple Grove), who is chairing a fraud oversight investigation in Minnesota’s legislature, wrote to US House Oversight Committee Chairman James Comer (R-Ky.) on Thursday requesting that his panel compel Omar to hand over “her staff’s communications with defendants” implicated in the fraud.
“As you may be aware, Rep. Ilhan Omar has documented ties to criminals convicted in the Feeding Our Future case, including holding her 2018 election party at the Safari Restaurant and appearing in a video promoting the MEALS Act, which was filmed at the Safari Restaurant,” Robbins told Comer.
“In the federal case U.S. v. Bock, several text and email exchanges between Rep. Omar’s office and the defendants in the case were listed in the trial exhibits,” she also said, noting that she sought the information and an interview from the congresswoman — but was rebuffed.
“Although we cannot compel Rep. Omar to turn over the communications, we respectfully request that the House Oversight Committee consider requesting or subpoenaing this information,” Robbins emphasized.
“It is essential to understand the genesis of the largest COVID-related fraud scandal by getting the documents and the facts about Rep. Omar’s and her staff’s communications with defendants in this case.”
A proposed subpoena submitted to the Oversight panel lists internal records related to Minnesota Department of Education food programs, as well as communications “with the owners and staff of Safari Restaurant” about the same programs as well as with Omar’s ex-staffer Guhaad Hashi Said.
Said worked for Omar’s 2018 and 2020 congressional campaigns as an “enforcer” overseeing voter mobilization in the Somali community, according to local conservative outlet Alpha News.
The 49-year-old pleaded guilty in August 2025 to conspiring to commit wire fraud and money laundering as part of a scheme that defrauded taxpayers out of $3.2 million for a bogus food center called Advance Youth Athletic Development.
The site falsely claimed to be giving as many as 5,000 meals per day to children in need.
Robbins’ suggested subpoena also asked for emails between Feeding Our Future defendant Aimee Bock and Omar’s former community representative in Minnesota, Natasha Rice, as well as information related to a “video aired on Somali TV,” in which Omar had “touted the MEALS Act and highlighted Safari Restaurant as a place where meals were available.”
The MEALS Act, which passed in a March 2020 package that included COVID relief money, had “removed important guardrails in the federal School Nutrition Program which, in turn, allowed restaurants to participate in the program.”
Robbins had tried to issue her own subpoena to Omar, but it was blocked along party lines in a 5-3 committee vote.
Comer, whose reps did not immediately respond to a request for comment, previously told The Post he was weighing a subpoena regarding Omar’s suspiciously skyrocketing net worth — which jumped to nearly $30 million in 2024, per House disclosures.
The Minnesota Democrat later blamed an accounting “discrepancy” for the inflated assets, with a spokesperson insisting Omar was “not a millionaire” after an amended disclosure had been filed this year.
President Trump and Vice President JD Vance have also alleged that the congresswoman may have committed immigration fraud by marrying her brother, which Omar has denied as a “sick” personal attack.
Reps for Omar did not immediately respond to a request for comment.
Zelensky 'allows' Victory Day parade in Moscow
Ukrainian President Volodymyr Zelensky signed a decree on Friday allowing tomorrow's Victory Day parade in Moscow.
"Taking into account numerous requests, for the humanitarian purpose outlined in the negotiations with the American side on May 8, 2026, I decide to allow a parade to be held in Moscow (Russian Federation) on May 9, 2026," the decree read. It was stated that, for the duration of the parade, Moscow's Red Square will not be a target of Ukrainian arms.
Earlier today, United States President Donald Trump announced a three-day ceasefire in Ukraine starting May 9. The agreement was later confirmed by both the Russian and the Ukrainian sides.
https://breakingthenews.net/Article/Zelensky-'allows'-Victory-Day-parade-in-Moscow/66256717
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