U.S. expands abortion ‘gag rule,’ cuts funding to regional bloc: Pompeo
WASHINGTON (Reuters) – The Trump administration on Tuesday expanded its anti-abortion policies, cutting funding to the Organization of American States…
Chinese smartphone firms jazz up products, seize turf in home market from Apple
SHANGHAI (Reuters) – Smartphone retailers in China say it’s a tough sell of late with consumers reluctant to upgrade, put…
OxyContin maker Purdue agrees to settle Oklahoma opioid case: source
(Reuters) – Purdue Pharma LP has agreed to settle a lawsuit by the state of Oklahoma accusing the OxyContin painkiller…
U.S. lawmaker urges FAA, Boeing employees to disclose details on 737 MAX approval
FILE PHOTO: An aerial photo shows Boeing 737 MAX airplanes parked at the Boeing Factory in Renton, Washington, U.S. March…
U.S. Customs details China pork seizure; importers could pay fine
CHICAGO (Reuters) – U.S. border agents said they have seized 1 million pounds (453,592 kg) of food products from China…
Some Boeing 737 MAX orders in jeopardy, U.S. pilots try software fix
JAKARTA/CHICAGO (Reuters) – Indonesian airline Garuda plans to cancel a $6 billion order for Boeing 737 MAX jets because some…
Biogen scraps two Alzheimer drug trials, wipes $18 billion from market value
CHICAGO/TOKYO (Reuters) – Biogen Inc and partner Eisai Co Ltd are ending two late-stage trials of their experimental Alzheimer’s disease…
Stakes rise for Boeing as EU, Canada step up scrutiny of 737 MAX after crashes
ADDIS ABABA/PARIS/WASHINGTON (Reuters) – Europe and Canada said they would seek their own guarantees over the safety of Boeing’s 737…
German lawmakers challenge deputy finance minister’s Goldman link in bank merger
BERLIN/FRANKFURT (Reuters) – German lawmakers on Monday criticized deputy finance minister Joerg Kukies and Goldman Sachs, alleging a conflict of…
Oil up as OPEC-led supply cuts support, Cushing draws down
NEW YORK (Reuters) – Oil prices edged up on Monday, supported by the prospect of prolonged OPEC-led oil supply curbs…
Federal charges for former UAW vice president in corruption probe
WASHINGTON (Reuters) – U.S. prosecutors in Detroit on Monday charged a former high-ranking United Auto Workers official in charge of…
Top Wall Street banks working on Deutsche-Commerzbank merger: sources
FRANKFURT (Reuters) – Goldman Sachs and Citi are helping Germany’s two biggest lenders work on their potential $28 billion-plus merger,…
Deutsche Bank merger talks with Commerzbank raise job fears, lift shares
BERLIN/FRANKFURT (Reuters) – Deutsche Bank and Commerzbank faced concerns from workers unions, Chancellor Angela Merkel’s office and top shareholders on…
Ride-hailing firm Lyft launches IPO road show in Uber’s shadow
(Reuters) – Lyft Inc kicked off the investor road show for its initial public offering on Monday, targeting a valuation…
Ohio accuses UnitedHealth’s OptumRx of drug overcharges in lawsuit
(Reuters) – Ohio’s attorney general on Monday said he had filed a lawsuit against UnitedHealth Group Inc’s OptumRx unit, saying…
Lyft to launch road show for up to $2 billion IPO: sources
(Reuters) – Ride-hailing platform Lyft Inc will launch the investor road show for its initial public offering on Monday, seeking…
Apple infringed three Qualcomm patents, jury finds
(Reuters) – Mobile phone chip supplier Qualcomm Inc on Friday won a legal victory against iPhone maker Apple Inc, with…
Hong Kong suspends UBS, fines it and other top banks $100 million for IPO failures
HONG KONG (Reuters) – Hong Kong’s securities regulator banned UBS from leading initial public offerings (IPOs) in the city for…
California jury awards $29 million to woman with cancer who used J&J talc
(Reuters) – A California jury on Wednesday awarded $29 million to a woman who said that asbestos in Johnson &…
Oil edges higher on cuts to Saudi exports
NEW YORK (Reuters) – Oil prices edged higher on Tuesday, supported by signs of tightening global supply after a Saudi…
Elon Musk’s defense of his Tesla tweet will get SEC response
(Reuters) – The top U.S. securities regulator received permission from a federal judge on Tuesday to respond to Tesla Inc…
Wells Fargo CEO avoids major stumble at heated congressional hearing
WASHINGTON (Reuters) – Democratic and Republican lawmakers on Tuesday pressed Wells Fargo & Co Chief Executive Tim Sloan for proof…
Exclusive: Saudi’s Falih – U.S., China driving oil demand; no April OPEC policy change
NEW DELHI (Reuters) – Saudi oil minister Khalid al-Falih said on Sunday that China and the U.S. would lead healthy…
Huawei set to announce lawsuit against U.S. as it seeks to strike back
HONG KONG (Reuters) – Huawei Technologies is set to announce a lawsuit on Thursday against the United States, ratcheting up…
J&J nasal spray gets U.S. approval as first new type of anti-depressant in decades
(Reuters) – The U.S. Food and Drug Administration on Tuesday said it approved a Johnson & Johnson nasal spray antidepressant…
GE’s CEO warns of negative industrial cash flow in 2019, shares drop
(Reuters) – General Electric Co’s chief executive surprised investors on Tuesday by forecasting a net cash outflow from its industrial…
FDA chief tough on e-cigs steps down in surprise resignation
WASHINGTON (Reuters) – U.S. Food and Drug Administration Commissioner Scott Gottlieb said on Tuesday that he plans to step down…
Exclusive: OxyContin maker Purdue Pharma exploring bankruptcy – sources
(Reuters) – OxyContin maker Purdue Pharma LP is exploring filing for bankruptcy to address potentially significant liabilities from roughly 2,000…
Will $14.5 billion plug GE’s long-term care insurance hole? Some experts say ‘No’
NEW YORK (Reuters) – General Electric Co is setting aside one of the largest amounts ever to cover potential losses…
U.S. seeks to cut dialysis costs with more home care versus clinics
(Reuters) – The Trump administration is working on a new payment approach for treating kidney disease that favors lower cost…
U.S. says rejects WTO’s ‘straitjacket’ of trade obligations
WASHINGTON (Reuters) – The Trump administration filed another salvo at the World Trade Organization on Friday, saying U.S. trade policy…
Exclusive: Huawei plans billions in dividends for staff despite row with U.S. – sources
HONG KONG (Reuters) – China’s Huawei is set to reward employee shareholders with a 3 percent rise in cash dividends…
Canada approves Huawei extradition proceedings, China seethes
OTTAWA (Reuters) – The Canadian government, as expected, on Friday approved extradition proceedings against the chief financial officer of Huawei…
Canada seen approving extradition hearing against Huawei executive
OTTAWA (Reuters) – Canada is likely to announce on Friday that an extradition hearing against a Huawei Technologies Co Ltd…
Exclusive: KKR, China’s Tencent eyeing bids for Universal Music – sources
LONDON (Reuters) – U.S. buyout fund KKR and China’s Tencent Music Entertainment Group are exploring rival bids for up to…
Tesla debuts $35,000 Model 3, sees loss in first quarter
SAN FRANCISCO (Reuters) – Tesla Inc said on Thursday it would offer a $35,000 version of its Model 3 sedan…
U.S. Senator Sanders urges FDA to allow older versions of $375,000 drug
(Reuters) – U.S. Senator Bernie Sanders this week urged regulators to allow pharmacies and manufacturers to resume distributing unbranded, lower-cost…
U.S., China sprint to seal deal ahead of Trump’s deadline
WASHINGTON (Reuters) – U.S. and Chinese negotiators met for over seven hours on Saturday to resolve their trade dispute and…
Trump says he’s inclined to extend China trade deadline and meet Xi soon
WASHINGTON (Reuters) – President Donald Trump said on Friday there was “a very good chance” the United States would strike…
Novartis gene therapy would be cost effective up to $900,000: U.S. group
(Reuters) – An experimental gene therapy for spinal muscular atrophy (SMA) developed by Swiss drugmaker Novartis AG would be worth…
Italian ruling-party lawmakers push for Huawei ban: paper
FILE PHOTO: The logo of Huawei Technologies in front of the German headquarters of the Chinese telecommunications group in Duesseldorf,…
U.S., China haggle over toughest issues in trade war talks
WASHINGTON (Reuters) – Top U.S. and Chinese trade negotiators haggled on Thursday over the details of a set of agreements…
SK Hynix plans to spend $107 billion building four memory chip plants
SEOUL (Reuters) – South Korea’s SK Hynix Inc on Thursday said it would spend $107 billion building four factories, as…
Southwest shares drop as mechanics dispute escalates
(Reuters) – Southwest Airlines Co’s shares fell more than 5 percent on Wednesday after the low-cost U.S. carrier said it…
Samsung announces folding phone with 5G at nearly $2,000
SAN FRANCISCO (Reuters) – Samsung Electronics Co Ltd on Wednesday unveiled a nearly $2,000 folding smartphone in a bid to…
Ford to close oldest Brazil plant, exit South America truck biz
SAO PAULO/DETROIT (Reuters) – Ford Motor Co said on Tuesday it will close its oldest factory in Brazil and exit…
Exclusive: Fed’s Williams says new economic outlook necessary for rate hikes
NEW YORK (Reuters) – New York Fed President John Williams on Tuesday said he was comfortable with the level U.S.…
U.S. settles with Teva over keeping generic drugs off market
FILE PHOTO: The logo of Teva Pharmaceutical Industries is seen during a news conference hold by its CEO, Kare Schultz,…
Honda to shut UK car plant in 2022 with the loss of 3,500 jobs
LONDON (Reuters) – Japanese car maker Honda is set to announce it’s closing its only British car plant in 2022…
Honda to close UK car plant with the loss of 3,500 jobs
LONDON (Reuters) – Japanese carmaker Honda is set to announce the closure of its only British car plant in 2022…
Britain does not support total Huawei network ban: sources
(Reuters) – British security officials do not support a full ban of Huawei from national telecoms networks despite U.S. allegations…
Qatar’s real estate market faces reality check ahead of World Cup
DOHA/DUBAI (Reuters) – Qatar’s Doha Tower, a spike-tipped cylinder that glows orange at night, won an award when finished in…
HNA cuts stake in Deutsche Bank to 6.3 percent: SEC filing
FRANKFURT (Reuters) – Chinese conglomerate HNA has cut its stake in Deutsche Bank to 6.3 percent, according to a filing…
EU clinches copyright overhaul deal, tech giants in focus
BRUSSELS (Reuters) – The European Union is set to rewrite its two-decades-old copyright rules which will force Alphabet Inc’s Google…
Trump: China trade talks going ‘very well’ before high-level parley
WASHINGTON/BEIJING (Reuters) – U.S. President Donald Trump said on Wednesday trade talks with China were “going along very well” as…
Venezuela turns to India as sanctions cut oil flow to U.S., Europe
HOUSTON/MEXICO CITY/MOSCOW (Reuters) – Venezuela’s oil exports have tapered off and shifted toward India since new U.S. sanctions began Jan.…
Merck, Pfizer combo treatment boosts kidney cancer survival
FILE PHOTO: The Merck logo is seen at a gate to the Merck & Co campus in Linden, New Jersey,…
National Enquirer owner defends reporting on Amazon’s Bezos
NEW YORK (Reuters) – The owner of U.S. tabloid newspaper the National Enquirer pushed back on Friday against accusations of…