Mattel posts surprise profit as Barbie makeover lifts sales
(Reuters) – Mattel Inc posted a surprise fourth-quarter profit on Thursday, as the toymaker benefited from a makeover of its…
J&J becomes first drugmaker to add prices to television ads
FILE PHOTO: A Johnson & Johnson building is shown in Irvine, California, U.S., January 24, 2017. REUTERS/Mike Blake/File Photo CHICAGO…
No talks between Trump and China’s Xi before trade deadline
WASHINGTON (Reuters) – U.S. President Donald Trump said on Thursday he did not plan to meet with Chinese President Xi…
Qantas cancels order for 8 Airbus A380s amid doubts on jet’s future
SINGAPORE (Reuters) – Australia’s Qantas Airways Ltd said on Thursday it formally canceled a longstanding order for eight Airbus SE…
High-margin pickup trucks drive GM profit, shares rise
DETROIT (Reuters) – General Motors Co on Wednesday reported a quarterly profit that exceeded Wall Street expectations, thanks to high-margin…
Sanofi blood disorder drug wins FDA approval
(Reuters) – The U.S. Food and Drug Administration (FDA) said on Wednesday it had approved Sanofi SA’s drug to treat…
U.S. jury orders Takeda to pay Bayer $155 million over hemophilia drug
(Reuters) – A U.S. jury has ordered Takeda Pharmaceutical Co’s Baxalta unit to pay Bayer AG $155.19 million for infringing…
1970s-era musicians sue Sony, UMG to reclaim song rights
NEW YORK (Reuters) – David Johansen, John Waite and other prominent 1970s musicians filed lawsuits on Tuesday accusing Sony Music…
Disney profit beats, driven by theme parks, ABC network
(Reuters) – Walt Disney Co’s reported quarterly earnings on Tuesday that topped Wall Street estimates thanks to the company’s booming…
Snap user number beats Wall Street estimate, shares jump
(Reuters) – Snap Inc on Tuesday said the number of people using its Snapchat app was flat, beating Wall Street…
Merck CEO Frazier to testify at Senate drug pricing hearing
NEW YORK/WASHINGTON (Reuters) – U.S. drugmaker Merck & Co Inc said on Tuesday that its Chief Executive Ken Frazier plans…
U.S. jury orders Takeda to pay Bayer $155 million over hemophilia drug
(Reuters) – A U.S. jury has ordered Takeda Pharmaceutical Co’s Baxalta unit to pay Bayer AG $155.19 million for infringing…
Exclusive: Food retailer Smart & Final explores sale – sources
FILE PHOTO – A Smart & Final Stores Inc sign is pictured at one of its stores in Encinitas California…
Australia to overhaul regulators after landmark banking inquiry
CANBERRA (Reuters) – Australia’s corporate regulators will be subjected to a new oversight body in a shake-up of the banking…
Exclusive: Top U.S. insurer to cover Amgen, Eli Lilly migraine drugs, exclude Teva
NEW YORK (Reuters) – A top U.S. pharmacy benefit manager (PBM) owned by UnitedHealth Group Inc has included new migraine…
Take Five: Dogs and Pigs – World markets themes for the week ahead
(Reuters) – Following are five big themes likely to dominate the thinking of investors and traders in the coming week…
General Motors says in talks to invest $2.73 billion in Brazil till 2024
The GM logo is seen at the General Motors plant in Sao Jose dos Campos, Brazil, January 22, 2019. REUTERS/Roosevelt…
FDA approves cheaper Botox rival to treat frown lines
(Reuters) – An injection that makes forehead wrinkles disappear is set to rival Allergan’s Botox after U.S. regulators approved Evolus…
IAG’s Walsh says Airbus needs to be more aggressive on price to sell A380s
FILE PHOTO – Willie Walsh, CEO of International Airlines Group speaks during the closing press briefing at the 2016 International…
Airbus A380 under threat as Emirates weighs rejigged order: sources
PARIS/DUBAI (Reuters) – Dubai’s Emirates is exploring switching some orders for the world’s largest jetliner, the Airbus A380, to the…
Amazon removes numerous products from India site as new e-commerce rules bite
NEW DELHI/MUMBAI (Reuters) – E-commerce rules that went into effect in India on Friday caused widespread disruption for Amazon.com, forcing…
Amazon sales outlook disappoints after record holiday quarter
(Reuters) – Amazon.com Inc on Thursday forecast first-quarter sales below Wall Street estimates as new regulations in India created uncertainty…
E-cigarettes help more smokers quit than patches and gum, study finds
LONDON (Reuters) – E-cigarettes are almost twice as effective at helping smokers quit as nicotine replacement treatments like patches, lozenges…
Exclusive: Boeing nears $3.5 billion 737 MAX jet deal with Japan’s ANA – sources
SEATTLE (Reuters) – Boeing Co is close to a deal worth $3.5 billion at list prices to sell 30 Boeing…
Caterpillar stock slides on profit miss, China sales forecast
(Reuters) – Caterpillar Inc on Monday missed quarterly earnings estimates, hurt by soft Chinese demand, higher manufacturing and freight costs,…
General Electric stock buyers preach patience, eye progress
NEW YORK (Reuters) – Investors who have scooped up decimated shares of General Electric Co are willing to wait years…
Israel’s InterCure to ramp up medical cannabis production: chairman
JERUSALEM (Reuters) – InterCure plans to expand into 10 countries in the next two years to meet growing demand for…
Insys founder ran bribe scheme to push opioid: U.S. prosecutor
BOSTON (Reuters) – Insys Therapeutics Inc’s one-time billionaire founder directed a vast scheme to bribe doctors to prescribe an addictive…
France warns against ‘exorbitant’ payoff for ex-Renault boss Ghosn
PARIS (Reuters) – France’s finance minister said on Sunday a severance package for former Renault chief Carlos Ghosn, forced to…
Zuckerberg to integrate WhatsApp, Instagram and Facebook Messenger: NYT
(Reuters) – Facebook Inc Chief Executive Mark Zuckerberg is planning to unify the underlying messaging infrastructure of the WhatsApp, Instagram…
Irish data watchdog investigates Twitter over privacy rules breach
FILE PHOTO: The Twitter logo in New York City, U.S., September 28, 2016. REUTERS/Brendan McDermid/File Photo DUBLIN (Reuters) – Twitter’s…
Nasdaq boosted by chip rally; Dow, S&P 500 stall
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., January 22, 2019. REUTERS/Brendan…
Savencia unit recalls baby milk in France after salmonella alert
PARIS (Reuters) – Sodilac, a unit of French dairy group Savencia, said it was recalling infant formula sold in pharmacies…
Italy drugmaker Zambon ready to splash out in U.S., China push
MILAN (Reuters) – Italian drugmaker Zambon is looking to China and the U.S. to grow its respiratory and nervous system…
Not-for-profit to offer 20 generic drugs in 2019 to alleviate shortages
(Reuters) – A new not-for-profit supplier of generic drugs formed by a consortium of hospitals systems said it expects this…
New Zealand PM says country is not discriminating against Huawei
DAVOS, Switzerland (Reuters) – New Zealand’s prime minister has assured Chinese telecoms equipment group Huawei Technologies Co Ltd of even-handed…
Boeing’s flying car lifts off in race to revolutionize urban travel
SEATTLE (Reuters) – Boeing Co said on Wednesday its flying car prototype hovered briefly in the air during an inaugural…
Boeing says prolonged government shutdown could hurt business: CNBC
FILE PHOTO: Employees are pictured as the first Boeing 737 MAX 7 is unveiled in Renton, Washington, U.S. February 5,…
Overseas losses drag down Ford fourth-quarter results
DETROIT (Reuters) – Ford Motor Co (F.N) on Wednesday posted a lower operating fourth-quarter profit as losses in every global…
Wall Street edges higher as upbeat earnings dampened by trade, shutdown woes
(Reuters) – Wall Street ended slightly higher on Wednesday after a spate of upbeat earnings reports, but lingering concerns about…
J&J, U.S. states settle hip implant claims for $120 million
(Reuters) – Johnson & Johnson and its DePuy Orthopaedics unit have agreed to pay $120 million to resolve deceptive marketing…
Tesla’s Model 3 gets green light in Europe
FILE PHOTO: A Tesla Model 3 car is displayed during a media preview at the Auto China 2018 motor show…
Asset managers brace for more job cuts amid market turbulence
LONDON/NEW YORK (Reuters) – Turmoil on financial markets is expected to deepen layoffs and accelerate acquisitions in the fund management…
EU tax on big digital companies could be struck by March: French minister
FILE PHOTO – French Finance Minister Bruno Le Maire leaves following the weekly cabinet meeting at the Elysee Palace in…
Supermarket retailer Casino to sell six stores to rival Leclerc
FILE PHOTO: The logo of Casino shop is seen in Nice, France, January 15, 2019. REUTERS/Eric Gaillard/File Photo PARIS (Reuters)…
PBGC steps in to oversee Sears’ two pension plans
FILE PHOTO: A store closing sale sign is posted next to a Sears logo in New Hyde Park, New York,…
Netflix shares fall as weak forecast dampens investor optimism
(Reuters) – Shares of Netflix Inc fell nearly 5 percent on Friday, as investors looked past its record subscriber numbers…
JPMorgan board raises Dimon’s compensation to $31 million
NEW YORK (Reuters) – JPMorgan Chase & Co Chief Executive Jamie Dimon is receiving a 5 percent raise, bringing his…
Germany considering ways to exclude Huawei from 5G auction: report
BERLIN (Reuters) – The German government is actively considering stricter security requirements and other ways to exclude China’s Huawei Technologies…
U.S. lawmakers introduce bipartisan bills targeting China’s Huawei and ZTE
FILE PHOTO: The Huawei logo is pictured outside their research facility in Ottawa, Ontario, Canada, December 6, 2018. REUTERS/Chris Wattie…
Industry must rein in spend on electric, self-driving cars: Magna CEO
DETROIT (Reuters) – Global automobile and auto parts makers which want to capitalize on electric and autonomous vehicles need to…
Nordstrom’s full-price comparable sales for holiday season disappoints
FILE PHOTO: The Nordstrom store is pictured in Broomfield, Colorado, February 23, 2017. REUTERS/Rick Wilking (Reuters) – Nordstrom Inc (JWN.N)…
McDonald’s loses ‘Big Mac’ trademark case to Irish chain Supermac’s
(Reuters) – McDonald’s Corp (MCD.N) has lost its rights to the trademark “Big Mac” in a European Union case ruling…
Family behind Purdue Pharma pushed opioid marketing, Massachusetts says
BOSTON (Reuters) – Members of the wealthy Sackler family behind Purdue Pharma LP pushed it to boost sales of OxyContin…
Airbus steps up pressure on suppliers over Canadian jet
MONTREAL (Reuters) – Europe’s Airbus is ratcheting up pressure on suppliers like United Technologies to cut costs for its Canadian-developed…