Indonesia report on 737 MAX crash faults Boeing design, says Lion Air made mistakes
JAKARTA (Reuters) – Boeing (BA.N), acting without adequate oversight from U.S. regulators, failed to grasp risks in the design of…
SoftBank clinches WeWork takeover deal, bailing out co-founder
(Reuters) – SoftBank Group Corp agreed to spend more than $10 billion to take over U.S. office-space sharing startup WeWork…
Drug companies reach $260 million opioid settlement with Ohio counties, averting landmark trial
CLEVELAND (Reuters) – Four large drug companies reached a last-minute $260 million legal settlement over their role in the U.S.…
Judge orders Massachusetts to redo parts of vaping ban
BOSTON (Reuters) – A Massachusetts judge on Monday ruled that a four-month ban on the sale of vaping products the…
WHO hails ‘triumph’ as Merck’s Ebola vaccine gets European green light
LONDON (Reuters) – The world’s first Ebola vaccine was recommended for approval by European drugs regulators on Friday in a…
Sanofi pulls Zantac from U.S. and Canada after carcinogen found
NEW YORK (Reuters) – Sanofi SA said on Friday it would recall popular heartburn medicine Zantac in the United States…
Huawei unveils new 5G antennae ahead of China ramp
ZURICH (Reuters) – Huawei Technologies on Wednesday launched a new generation of 5G mobile antennae, anticipating an acceleration in the…
UAW, GM leaders have a deal to end strike, now workers will decide
DETROIT (Reuters) – General Motors Co (GM.N) and the United Auto Workers union reached a tentative deal on Wednesday for…
Fiat Chrysler faces $79 million U.S. penalty for fuel economy shortfall
WASHINGTON (Reuters) – Fiat Chrysler Automobiles NV (FCHA.MI) on Wednesday said it faces a $79 million U.S. civil penalty for…
Oil rises on hopes OPEC will extend supply cuts, weaker U.S. dollar
HOUSTON (Reuters) – Oil rose on Wednesday, gaining support due to signs that OPEC and allied producers will continue to…
Production date for Boeing’s long-haul 777-8 up in air as Qantas weighs options
SINGAPORE (Reuters) – The date of entry into service of Boeing Co’s ultra-long-range 777-8 wide-body airliner will depend partly on…
Netflix shares jump as subscribers grow ahead of Disney, Apple attack
(Reuters) – Netflix Inc (NFLX.O) added slightly more paying subscribers than Wall Street expected in the third quarter, a relief…
Bayer expects significant surge in number of U.S. glyphosate cases
FRANKFURT (Reuters) – Bayer expects the number of claims in the United States related to Roundup herbicide to have surged…
Groups bidding for PES refinery due to tour fire-damaged site: sources
NEW YORK (Reuters) – Groups vying for the idled Philadelphia Energy Solutions oil refinery have entered the second phase of…
BlackRock names Mehta head of human resources: memo
NEW YORK (Reuters) – BlackRock Inc (BLK.N), the world’s largest asset manager has appointed Manish Mehta as global head of…
PG&E says it has $34.45 billion in debt financing for reorganization
SAN FRANCISCO (Reuters) – PG&E Corp said in court papers on Friday it has debt financing commitments of $34.35 billion…
Sacklers reaped up to $13 billion from OxyContin maker, U.S. states say
(Reuters) – OxyContin maker Purdue Pharma LP steered up to $13 billion in profits to the company’s controlling Sackler family,…
U.S. agency reviews whether 2,000 Teslas should have been recalled
WASHINGTON (Reuters) – U.S. regulators said on Friday they were reviewing whether Tesla Inc should have recalled 2,000 of its…
Mercedes-Benz offers subsidies to retrofit older diesel cars in Germany
FILE PHOTO: A Mercedes-Benz “Vision URBANETIC” concept car is seen in front of the Daimler AG logo during the company’s…
Talks between UAW and GM take ‘turn for the worse’: union official
DETROIT (Reuters) – Talks for a new four-year labor contract between General Motors Co (GM.N) and its striking workers took…
U.S. judge keeps intact Massachusetts’ toughest-in-nation vaping ban
BOSTON (Reuters) – A federal judge on Friday denied an industry bid to put on hold Massachusetts’ four-month ban on…
U.S. Supreme Court takes major case that could curb abortion access
WASHINGTON (Reuters) – The U.S. Supreme Court on Friday agreed to take up a major abortion case that could lead…
Main issues in UAW-GM labor talks narrow to wages, pensions: source
FILE PHOTO: General Motors assembly workers and their supporters gather to picket outside the General Motors Bowling Green plant during…
Sanders presidential campaign pivots health scare to Medicare for All message
WASHINGTON (Reuters) – Bernie Sanders’ 2020 presidential election campaign on Wednesday sought to use news the candidate had a heart…
Results of GSK and AstraZeneca trials may widen ovarian cancer drug use
BARCELONA (Reuters) – GlaxoSmithKline and AstraZeneca both reported trial results that will likely make their competing drugs available to a…
China criticizes new U.S. sanctions over Iranian oil deals
BEIJING/NEW YORK (Reuters) – China on Thursday criticized the United States for imposing new U.S. Secretary of State Mike Pompeo…
Saudi Arabia consults allies on oil attack, awaits result of investigation: official
UNITED NATIONS (Reuters) – Saudi Arabia is in consultation “with friends and allies about the next steps to take” after…
U.S. slaps new sanctions on Chinese entities over Iran oil
NEW YORK (Reuters) – The United States is imposing new sanctions on certain Chinese entities and people who it accuses…
U.S. new home sales accelerate; lower mortgage rates a boost
WASHINGTON (Reuters) – Sales of new U.S. single-family homes rebounded more than expected in August, the latest sign that the…
Exclusive: Boeing settles first Lion Air lawsuits for at least $1.2 million apiece – sources
CHICAGO/JAKARTA (Reuters) – Boeing Co (BA.N) has settled the first claims stemming from the crash of a Lion Air 737…
German authorities raid Deutsche Bank over Danske scandal
FRANKFURT (Reuters) – German authorities have raided Deutsche Bank’s (DBKGn.DE) Frankfurt headquarters and are searching for information related to Danske…
Thomas Cook Germany in rescue talks with investors
BERLIN (Reuters) – Thomas Cook’s German tour business filed for insolvency on Wednesday in a move aimed at separating its…
Saudi Aramco seeks project finance loan of more than $1 billion: sources
DUBAI (Reuters) – Saudi Aramco has asked banks to submit proposals for a project finance loan of more than $1…
WeWork’s Neumann surrenders control, CEO role following investor revolt
(Reuters) – WeWork co-founder Adam Neumann agreed on Tuesday to resign as chief executive and give up majority voting control,…
Chipotle faces more labor complaints at New York City stores
NEW YORK (Reuters) – Chipotle Mexican Grill Inc is facing fresh claims that it violated New York City’s labor laws…
UAW-GM picket lines become 2020 U.S. presidential campaign battleground
DETROIT/WASHINGTON (Reuters) – Democratic presidential candidate Bernie Sanders is scheduled to join United Auto Workers members on a picket line…
Oil drops to lowest since Aramco attacks after Trump scolds China
HOUSTON (Reuters) – Oil prices plunged more than 2% on Tuesday to their lowest since the Sept. 14 attacks on…
U.S. lawmakers propose $1 billion fund to replace Huawei equipment
WASHINGTON (Reuters) – A U.S. House panel unveiled bipartisan legislation this week that would authorize $1 billion for small and…
About 45 Tunisian hotels affected by the collapse of Thomas Cook
TUNIS (Reuters) – About 45 hotels have been affected in Tunisia after the collapse of Thomas Cook, and the government…
As Thomas Cook customers return home, blame game begins
LONDON/NEW YORK (Reuters) – Prime Minister Boris Johnson and unions questioned the part played by Thomas Cook’s richly rewarded bosses…
Trump’s China trade rhetoric turns harsh at U.N., says won’t take ‘bad deal’
UNITED NATIONS (Reuters) – U.S. President Donald Trump delivered a stinging rebuke to China’s trade practices on Tuesday at the…
Huawei CFO fighting U.S. extradition says her rights were violated
VANCOUVER (Reuters) – Huawei Chief Financial Officer Meng Wanzhou returned to a Vancouver court on Tuesday as her lawyers argued…
U.S. scientists join effort to solve mysterious vaping-related illnesses
CHICAGO (Reuters) – The U.S. investigation into hundreds of cases of life-threatening lung illnesses related to vaping has turned up…
M&S suffers fresh blow as finance chief quits
(Reuters) – Marks & Spencer Group Plc (MKS.L) said on Saturday its chief financial officer, Humphrey Singer, was stepping down…
Medicinal cannabis could bring in $6 billion a year for Colombia, government says
People attend the 1st forum of the Colombian Association of the Medical and Scientific Cannabis Industry “ASOCOLCANNA” in Bogota, Colombia…
U.S. Speaker Pelosi unveils drug price plan, Trump welcomes it
WASHINGTON (Reuters) – U.S. House Speaker Nancy Pelosi, a Democrat, proposed legislation on Thursday to let the federal government negotiate…
Trian and P&G highlight activist-corporate collaboration after ‘fog of war’
NEW YORK (Reuters) – Eighteen months after officially burying the hatchet in one of America’s most bitter proxy contests, Procter…
Shares edge up after Fed rate cut, oil prices gain
NEW YORK (Reuters) – A gauge of global equity performance edged higher on Thursday, a day after the Federal Reserve…
Burger King scraps plastic toys in children’s meals, launches amnesty
(Reuters) – Burger King will stop handing out plastic toys in its children’s meals and said on Thursday it was…
Electric vehicle startup Rivian gets a jolt from big Amazon.com van order
DETROIT (Reuters) – Electric vehicle startup Rivian Automotive LLC got a big boost from one of its investors on Thursday…
Huawei talks up own apps with Mate 30 challenge to Apple, Samsung
MUNICH (Reuters) – Huawei unveiled its new smartphones to challenge Apple’s (AAPL.O) iPhone 11 on Thursday, talking up slick design…
India’s Eros Now ties up with Microsoft’s Azure platform
MUMBAI (Reuters) – India’s Eros Now said on Thursday it is tying up with Microsoft’s Azure cloud platform to host…
Exclusive: France’s CNP and Brazil’s Caixa close to reaching $1.7 billion insurance deal – sources
FILE PHOTO: A view shows the company logo of Caixa Economica Federal bank in downtown Rio de Janeiro August 20,…
U.S., Chinese trade deputies face off in Washington amid deep differences
WASHINGTON (Reuters) – U.S. and Chinese deputy trade negotiators were set to resume face-to-face talks for the first time in…
Banker tells German fraud trial he made millions from ‘astronomical’ trades
BONN (Reuters) – A British investment banker at the center of Germany’s biggest fraud trial told judges on Thursday he…
Sick and elderly: Some EU nationals struggle to prove UK residency ahead of Brexit
LONDON (Reuters) – Sonja Brain, 84, is losing her sight and bed-bound in hospital after a cancerous tumor was removed…
U.S. cases of vaping-related illness rise to 530 as outbreak widens
CHICAGO (Reuters) – U.S. health officials said on Thursday there are now 530 confirmed and probable cases and seven deaths…
Southwest passengers get no damages for flights canceled by de-icer shortage: U.S. judge
(Reuters) – Southwest Airlines Co (LUV.N) won the dismissal of a proposed class-action lawsuit seeking damages for stranded passengers on…
After LSE’s sharp rebuff, HKEX begins investor charm offensive
LONDON (Reuters) – Hong Kong Exchanges and Clearing (0388.HK) is embarking on a three-week charm offensive with London Stock Exchange…