U.S. judge appoints Ken Feinberg mediator for Bayer Roundup settlement talks
(Reuters) – A U.S. judge on Wednesday appointed prominent attorney Kenneth Feinberg as mediator for court-mandated settlement talks in the…
FAA chief has no timetable for Boeing 737 MAX approval
FORT WORTH, Texas/MONTREAL (Reuters) – The acting head of the Federal Aviation Administration said on Wednesday he does not have…
PG&E wins court approval to set up $105 million wildfire assistance fund
SAN FRANCISCO (Reuters) – PG&E Corp may set up a $105 million housing fund for victims of 2017 and 2018…
Novartis CEO plans gene therapy price ‘far lower’ than $4 million to $5 million range
FILE PHOTO: The logo of Swiss drugmaker Novartis AG is seen at its headquarters in Basel, Switzerland January 25, 2017.…
U.S. judge appoints Ken Feinberg mediator for Bayer Roundup settlement talks
(Reuters) – A U.S. judge on Wednesday appointed prominent attorney Kenneth Feinberg as mediator for court-mandated settlement talks in the…
Huawei accuses U.S. of bullying, says working with Google to respond to ban
Abraham Liu, Huawei Chief Representative to the EU Institutions and Vice-President European Region speaks at a news conference at the…
China ready for further U.S. trade talks, ambassador says
WASHINGTON (Reuters) – Chinese Ambassador to the United States Cui Tiankai said on Tuesday that Beijing was ready to resume…
China ready for further U.S. trade talks, ambassador says
WASHINGTON (Reuters) – Chinese Ambassador to the United States Cui Tiankai said on Tuesday that Beijing was ready to resume…
U.S. eases curbs on Huawei; founder says clampdown underestimates Chinese firm
SHANGHAI/NEW YORK (Reuters) – The United States has temporarily eased trade restrictions on China’s Huawei to minimize disruption for its…
Nordstrom cuts 2019 forecast after quarterly results miss big
(Reuters) – Nordstrom Inc on Tuesday cut its forecast for full-year sales and profit after reporting weaker than expected first-quarter…
Exclusive: Google suspends some business with Huawei after Trump blacklist – source
NEW YORK (Reuters) – Alphabet Inc’s Google has suspended business with Huawei that requires the transfer of hardware, software and…
Exclusive: U.S. may scale back Huawei trade restrictions to help existing customers
(Corrects title in 17th paragraph of this May 17 story to say “Chief Financial Officer” Meng Wanzhou, not “Chief Executive…
Wynn Resorts in talks to sell $2.6-billion Massachusetts casino to MGM
FILE PHOTO: The Encore Casino, built by Wynn Resorts in Everett, Massachusetts, U.S., April 1, 2019. REUTERS/Brian Snyder/File Photo (Reuters)…
Exclusive: U.S. says it may scale back some Huawei trade restrictions
A Huawei logo is seen at an exhibition during the World Intelligence Congress in Tianjin, China May 16, 2019. REUTERS/Jason…
IMF’s Lagarde says U.S.-China trade war could be risk for world economic outlook
Christine Lagarde, Managing Director and Chairwoman of the International Monetary Fund, delivers a speech during a high-level forum on debt…
Trump declares some auto imports pose national security threat
WASHINGTON (Reuters) – U.S. President Donald Trump on Friday declared that some imported vehicles and parts pose a national security…
China’s Huawei restricted from using U.S. suppliers
WASHINGTON/NEW YORK (Reuters) – The Trump administration on Thursday officially added China’s Huawei Technologies Co Ltd to a trade blacklist,…
Nissan’s Saikawa to stay on as president, Renault chief to join board: sources
FILE PHOTO: Thierry Bollore, Chief Executive Officer of Renault, poses as he attends French carmaker Renault’s 2018 annual results presentation…
Bayer bets on ‘silver bullet’ defense in Roundup litigation; experts see hurdles
NEW YORK (Reuters) – Bayer AG plans to argue that a $2 billion jury award and thousands of U.S. lawsuits…
Alabama boycott builds as states retaliate against abortion law
(Reuters) – A movement to boycott Alabama over its near-ban on abortion gained momentum Thursday as officials in Maryland and…
Bayer bets on ‘silver bullet’ defense in Roundup litigation; experts see hurdles
NEW YORK (Reuters) – Bayer AG plans to argue that a $2 billion jury award and thousands of U.S. lawsuits…
Walmart’s first-quarter U.S. comparable sales rose, e-commerce slows
FILE PHOTO: Walmart’s logo is seen outside one of the stores in Chicago, Illinois, U.S., November 20, 2018. REUTERS/Kamil Krzaczynski/File…
Trade group to hold meeting of airlines affected by Boeing’s grounded 737 MAX
FILE PHOTO: A Boeing 737 MAX 8 sits outside the hangar during a media tour of the Boeing 737 MAX…
Ubisoft’s fourth quarter misses company’s expectations
The Ubisoft booth is shown at the E3 2017 Electronic Entertainment Expo in Los Angeles, California, U.S. June 13, 2017.…
Exclusive: Trump expected to sign order paving way for U.S. telecoms ban on Huawei
WASHINGTON (Reuters) – President Donald Trump is expected to sign an executive order this week barring U.S. companies from using…
Tokyo prosecutors detail Ghosn’s alleged cash transfer in revised indictment: Kyodo
FILE PHOTO: Former Nissan Motor Chariman Carlos Ghosn leaves the Tokyo Detention House in Tokyo, Japan April 25, 2019. REUTERS/Issei…
California jury hits Bayer with $2 billion award in Roundup cancer trial
(Reuters) – A California jury on Monday awarded more than $2 billion to a couple who claimed Bayer AG’s glyphosate-based…
U.S. and China at impasse over trade, Kudlow says new tariffs will remain
WASHINGTON/BEIJING (Reuters) – The United States and China appeared at a deadlock over trade negotiations on Sunday as Washington demanded…
U.S. states accuse Teva, other drugmakers, of price-fixing: lawsuit
WASHINGTON (Reuters) – U.S. states filed a lawsuit accusing Teva Pharmaceuticals USA Inc of orchestrating a sweeping scheme with 19…
China still ‘cautiously optimistic’ on U.S. trade talks despite new tariffs
BEIJING/WASHINGTON (Reuters) – China and the United States have agreed to hold more trade talks in Beijing, Vice Premier Liu…
U.S. states accuse Teva, other drugmakers, of price-fixing: lawsuit
WASHINGTON (Reuters) – U.S. states filed a lawsuit accusing Teva Pharmaceuticals USA Inc of orchestrating a sweeping scheme with 19…
China, U.S. to hold more trade talks as Trump ratchets up tariff threat
BEIJING/WASHINGTON (Reuters) – China and the United States have agreed to hold more trade talks in Beijing, Vice Premier Liu…
Wells Fargo CEO search hobbled by pay limitations: sources
NEW YORK (Reuters) – Wells Fargo & Co’s hunt for a new CEO is being impeded by limits on how…
Trump says talks with China to continue as trade war escalates
WASHINGTON (Reuters) – U.S. President Donald Trump said on Friday that trade talks with China would continue even after Washington…
China, U.S. agree to hold more trade talks: Vice Premier Liu He
(Reuters) – China and the United States have agreed to hold more trade talks in Beijing, Vice Premier Liu He…
U.S. says Huawei lawyer’s prior work at Justice Department poses conflict
(Reuters) – Huawei Technologies Co Ltd lawyer James Cole’s prior work at the U.S. Department of Justice created a conflict…
First day of U.S.-China trade talks ends; Trump’s tariff hike set to take effect
WASHINGTON (Reuters) – Top U.S. and Chinese trade negotiators concluded the first of two days of talks on Thursday to…
U.S. Customs agency issues tariff increase notice, allows grace period
FILE PHOTO: A general view of Hongkong International Terminals (HIT), owned by Hutchison Port Holdings, as part of the Kwai…
GE’s rising bonds offer another endorsement of CEO Culp
NEW YORK (Reuters) – General Electric Co shareholders offered their latest endorsement of new Chief Executive Larry Culp this week…
Trump readies more China tariffs as make-or-break trade talks start
WASHINGTON/BEIJING (Reuters) – U.S. President Donald Trump said on Thursday he was taking steps to authorize new tariffs on $325…
Uber valued at $82 billion in IPO as market jitters, Lyft woes weigh
NEW YORK (Reuters) – Uber Technologies Inc priced its initial public offering on Thursday at the low end of its…
Billionaire Bezos unveils moon lander mockup, embraces Trump’s lunar timetable
WASHINGTON (Reuters) – Billionaire entrepreneur Jeff Bezos unveiled on Thursday a mockup of a lunar lander being built by his…
Sticker shock from Trump’s new trade tariffs months away
(Reuters) – It may take three or four months for American shoppers to feel the pinch from President Donald Trump’s…
From Paris to Omaha: How Occidental CEO out-maneuvered Chevron in Anadarko bid
NEW YORK (Reuters) – Occidental Petroleum chief executive Vicki Hollub was caught off guard when U.S. oil giant Chevron swooped…
Match Group quarterly revenue beats on higher Tinder subscribers
(Reuters) – Match Group beat quarterly revenue estimates on Tuesday, as it added more subscribers to its popular dating app,…
Ferrari sticks to FY targets after first quarter core profit up 14 percent
FILE PHOTO: The logo of Ferrari is seen on a sheet covering a car before a presentation at the 88th…
Occidental investor set to vote against board due to Anadarko bid
HOUSTON (Reuters) – T. Rowe Price Group Inc said on Monday it intends to vote against the Occidental Petroleum Corp…
Anadarko backs Occidental’s revised bid, pressuring Chevron to respond
HOUSTON (Reuters) – Anadarko Petroleum Corp’s board on Monday backed a $38 billion bid from Occidental Petroleum Corp, adding pressure…
Tyson Foods recalls almost 12 million pounds of chicken strips over contamination fears
(Reuters) – Tyson Foods Inc significantly expanded a recall of frozen, ready-to-eat chicken strips to close to 12 million pounds…
Berkshire swings to big profit; Buffett laments Kraft Heinz
OMAHA, Neb. (Reuters) – Warren Buffett’s Berkshire Hathaway Inc on Saturday said gains in its stock investments fueled a big…
Highlights: Wit and wisdom of Warren Buffett, the ‘Oracle of Omaha’
NEW YORK (Reuters) – Warren Buffett, the 88-year-old chairman and chief executive of Berkshire Hathaway Inc, is taking hours of…
‘We screwed up’ not buying Google shares, Berkshire’s Munger says
Berkshire Hathaway Vice Chairman Charlie Munger walks past a crowd at the annual Berkshire shareholder shopping day in Omaha, Nebraska,…
Warren Buffett says he wants to do more business in Britain, Europe
Shareholders gather to hear from billionaire investor Warren Buffett at Berkshire Hathaway Inc’s annual shareholder meeting in Omaha, Nebraska, U.S.,…
UK’s Vectura wins patent infringement case against GlaxoSmithKline in U.S
(Reuters) – British drugmaker Vectura Group Plc said on Saturday that it won a patent infringement litigation case against GlaxoSmithKline…
Ride-hailing drivers in New York to strike ahead of Uber IPO
NEW YORK (Reuters) – Uber Technologies Inc’s drivers in New York will go on strike next week shortly before the…
Wall Street Weekahead: Record-breaking rally leaving energy stocks behind
NEW YORK (Reuters) – The stock market surge since the start of the year that has sent the benchmark S&P…
U.S. rejects Tesla bid for tariff exemption for Autopilot ‘brain’
WASHINGTON (Reuters) – U.S. trade officials rejected Tesla Inc’s bid for relief from President Donald Trump’s 25-percent tariffs on the…
U.S. House panel will hold May 15 hearing on grounded Boeing 737 MAX
WASHINGTON (Reuters) – The U.S. House Transportation and Infrastructure Committee will hold a May 15 hearing on the grounded Boeing…