JD.com’s billionaire CEO released after U.S. arrest
BEIJING (Reuters) – The billionaire founder and chief executive of Chinese e-commerce giant JD.com Inc (JD.O), Richard Liu, was arrested in the U.S. state of Minnesota on suspicion of criminal…
Chinese authorities say Didi bears ‘unshirkable responsibility’ for passenger’s death
BEIJING (Reuters) – China’s police and transport ministry said on Sunday the country’s largest ride-hailing firm Didi Chuxing had “unshirkable responsibility” for a ride-sharing passenger being raped and killed by…
China’s Didi suspends Hitch ride-sharing service after female passenger killed
BEIJING (Reuters) – China’s largest ride-hailing firm Didi Chuxing is suspending its Hitch services nationwide, the company said in a statement on Sunday, a day after police said a ride-sharing…
China sacks six senior officials at food and drug regulator over vaccine scandal
SHANGHAI (Reuters) – China said on Saturday it has sacked six senior officials at its food and drug regulator after a safety scandal at vaccine maker Changsheng Biotechnology Co Ltd…
Allergan sues Pfizer over costs of opioid litigation
(Reuters) – Allergan Plc (AGN.N) on Thursday sued Pfizer Inc (PFE.N) to force its larger rival to cover any damages Allergan is forced to pay as a result of hundreds…
J&J vows to overturn $4.7 billion talc verdict but experts see hurdles
NEW YORK (Reuters) – Johnson & Johnson has vowed to appeal a $4.7 billion verdict awarded to 22 women who claim asbestos-contaminated talc in the company’s products gave them ovarian…
Glencore gets U.S. subpoena on compliance with money-laundering laws
LONDON (Reuters) – U.S. authorities have demanded the U.S. arm of Glencore Plc (GLEN.L) hand over documents relating to its business in Nigeria, the Democratic Republic of Congo and Venezuela,…
Missouri appeals court tosses $55 million J&J talc-powder verdict
(Reuters) – A Missouri appeals court on Friday threw out a $55 million verdict against Johnson & Johnson in a lawsuit by a woman who claimed she developed ovarian cancer…
U.S. fines CVS for failing to report opioid theft in New York
NEW YORK (Reuters) – CVS Health Corp agreed to pay a $1.5 million civil fine to resolve U.S. charges that some of its pharmacies in Nassau and Suffolk counties in…
U.S. charges hundreds in major healthcare fraud, opioid crackdown
(Reuters) – The U.S. Justice Department on Thursday announced charges against 601 people including doctors for taking part in healthcare frauds that resulted in over $2 billion in losses and…