FedEx confirms Huawei mail ban as new ‘mistake’ reignites Chinese ire
(Reuters) – FedEx Corp has apologized for another Huawei delivery “mistake,” reigniting Chinese ire and drawing the fire of state…
WarnerMedia names Ann Sarnoff as CEO of Warner Bros
FILE PHOTO: Ann Sarnoff, Chief Operating Officer of BBC Worldwide America, speaks during the 2011 Bloomberg Media Summit in New…
Lawyers for Huawei CFO urge Canada to withdraw extradition proceedings
(Reuters) – Lawyers for Huawei’s chief financial officer urged Canada’s justice minister on Monday to withdraw extradition proceedings against Meng…
Oklahoma judge approves Teva’s $85 million opioid settlement
(Reuters) – An Oklahoma judge on Monday approved a revised $85 million (£66.7 million) settlement with Teva Pharmaceutical Industries Ltd…
Daimler to recall 60,000 Mercedes diesels in Germany over emissions
The Daimler logo is seen before the Daimler annual shareholder meeting in Berlin, Germany, April 5, 2018. REUTERS/Hannibal Hanschke FRANKFURT…
‘Brain fever’ blamed for India child deaths preventable: doctors
MUZAFFARPUR, India (Reuters) – Five-year-old Soni Khatun was playing in the midday sun last week when she began to vomit…
Huawei files lawsuit against U.S. Commerce Department over seized equipment: filing
WASHINGTON (Reuters) – Huawei Technologies Co Inc filed a lawsuit against the U.S. Commerce Department on Friday challenging whether telecommunications…
Fed officials face weak inflation, but split over what it means
WASHINGTON/SAN FRANCISCO (Reuters) – U.S. Federal Reserve officials were divided Friday over how seriously to treat a slide in inflation,…
New blow to Boeing from engine delay, Airbus long-range rival takes off
PARIS, France (Reuters) – Boeing suffered a fresh setback at the opening of the Paris Airshow on Monday as the…
Pfizer makes $10.6 billion cancer bet in cash deal for Array Biopharma
(Reuters) – Pfizer Inc on Monday said it would buy Array Biopharma Inc for $10.64 billion in cash, a deal…
Huawei says U.S. ban hurting more than expected, to wipe $30 billion off revenue
HONG KONG (Reuters) – China’s Huawei Technologies Co Ltd has taken a harder-than-expected hit from a U.S. ban, the company’s…
GSK pharma head flags need for speed in high-pressure drug market
LONDON (Reuters) – Doing things one at a time in drug development is not a luxury that GlaxoSmithKline can afford…
U.S. Navy official sees more orders for Boeing P-8A in coming months
PARIS (Reuters) – The U.S. Navy expects additional U.S. and international orders for the Boeing P-8A Poseidon maritime patrol aircraft…
China’s FedEx probe should not be seen as retaliation: Xinhua
FILE PHOTO: A Federal Express delivery truck is shown in downtown Los Angeles, California, U.S., October 24, 2018. REUTERS/Mike Blake…
Exclusive: Boeing seeking to reduce scope, duration of some physical tests for new aircraft – sources
PARIS (Reuters) – Boeing Co engineers are reducing the scope and duration of certain costly physical tests used to certify…
Boeing says will take time to win back confidence
PARIS (Reuters) – The head of Boeing said on Sunday the U.S. planemaker had made a mistake in implementing a…
Boeing crisis, trade tensions cast pall over air show
PARIS (Reuters) – Safety concerns, trade wars and growing security tensions in the Gulf are dampening spirits at the world’s…
U.S. to launch public hearings on additional China tariffs next week
FILE PHOTO: Workers load goods for export onto a crane at a port in Lianyungang, Jiangsu province, China June 7,…
Target says registers back online, blames outage on technology issue
(Reuters) – Target Corp on Saturday said its payment registers were back online after a systems outage stopped customers in…
Prosecutors drop Flint, Michigan water charges over ‘flawed’ probe
(Reuters) – Michigan prosecutors on Thursday dropped all criminal charges over the deadly contamination of the city of Flint’s water,…
Bluebird prices gene therapy at 1.58 million euros over 5 years
(Reuters) – Bluebird bio Inc on Friday set a price for its gene therapy, Zynteglo, at 1.58 million euros ($1.78…
Roche’s combo lymphoma treatment wins U.S. FDA approval
FILE PHOTO: The logo of Swiss drugmaker Roche is seen at its headquarters in Basel, Switzerland February 1, 2018. REUTERS/Arnd…
U.S. drugmakers file lawsuit against requiring drug prices in TV ads
FILE PHOTO: Used blister packets that contained medicines, tablets and pills are seen, in this picture illustration taken June 30,…
PetSmart’s Chewy gets Wall Street tails wagging with $1 billion IPO
NEW YORK (Reuters) – Chewy Inc said on Thursday it priced its initial public offering at $22 per share, above…
VW to float 10% of truck unit, seeks to raise 1.9 billion euros
FRANKFURT (Reuters) – Volkswagen aims to raise up to 1.9 billion euros ($2.1 billion) by listing truck unit Traton, it…
Strong U.S. retail sales improve economy’s fortunes
WASHINGTON (Reuters) – U.S. retail sales increased in May and sales for the prior month were revised higher, suggesting a…
Italy’s industry ministry open to any discussions on Alitalia, including with Atlantia
MILAN (Reuters) – Italy’s industry ministry is open to discussions with any investor interested in the rescue of troubled carrier…
Perdue Foods enters crowded plant-based alternative meat market
(Reuters) – Perdue Foods, one of America’s largest chicken producers, said it will sell frozen chicken nuggets mixed with cauliflower,…
U.S. Justice Department set to decide on T-Mobile, Sprint merger as soon as next week: source
WASHINGTON (Reuters) – The U.S. Justice Department is set to decide as early as next week whether to approve the…
U.S. cities propose framework for nationwide opioid settlement talks
(Reuters) – Lawyers for counties and municipalities suing drug manufacturers and distributors over their alleged roles in the U.S. opioid…
Democratic commissioner questions FCC review of Sprint T-Mobile merger
WASHINGTON (Reuters) – The senior Democrat on the Federal Communications Commission on Wednesday criticized the FCC’s review of the proposed…
Cheaper sensors could speed more self-driving cars to market by 2022
(Reuters) – The first heavily automated mass-market vehicles for consumers could go on sale as soon as 2022, if one…
Pompeo to push in India for more U.S. access to local markets
FILE PHOTO: U.S. Secretary of State Mike Pompeo speaks at a joint news conference in The Hague, Netherlands June 3,…
Hong Kong police fire rubber bullets as extradition bill protests turn to chaos
HONG KONG (Reuters) – Hong Kong police fired rubber bullets and tear gas at demonstrators who threw plastic bottles on…
Trump leaves China tariff deadline open, calls relationship ‘testy’
WASHINGTON (Reuters) – U.S. President Donald Trump declined to set a deadline on Wednesday for levying tariffs on another $325…
Jet.com falls by wayside as Walmart focuses on its website, online grocery
WASHINGTON (Reuters) – Walmart Inc on Wednesday announced a sweeping overhaul at Jet.com, an online start-up it acquired in 2016…
Trump confident Hong Kong and China will ‘work things out’ after protests
WASHINGTON (Reuters) – U.S. President Donald Trump said on Wednesday he was sure China and Hong Kong would be able…
Canadian panel calls for universal public drug coverage
OTTAWA/TORONTO (Reuters) – A Canadian advisory council studying prescription drug coverage said on Wednesday the federal government should create a…
No meat please! Nestle may extend plant-based burger partnership with McDonald’s
ZURICH (Reuters) – Nestle could expand its plant-based burger sales partnership with fast food chain McDonald’s beyond Germany and is…
Italy to scrap incentives for Whirlpool plant in Naples
FILE PHOTO: The administrative entrance at the Whirlpool plant in Clyde, Ohio, United States, October 3, 2017. REUTERS/Aaron Josefczyk/File Photo…
South Korean firm Yanolja that reinvented love hotels gets Booking, GIC funding
SEOUL (Reuters) – Yanolja’s gentrification of South Korean love hotels has brought the company a valuation of more than $1…
Uber chief executive laments U.S. trade policy for lackluster IPO
WASHINGTON/NEW YORK (Reuters) – Uber Technologies Chief Executive Dara Khosrowshahi said on Tuesday the company’s initial public offering last month…
Trump defends tariff strategy, China says ‘not afraid’ of trade war
WASHINGTON/BEIJING (Reuters) – U.S. President Donald Trump on Tuesday defended the use of tariffs as part of his trade strategy…
Ten U.S. states sue to stop Sprint-T-Mobile deal, saying consumers will be hurt
WASHINGTON (Reuters) – Ten states led by New York and California filed a lawsuit on Tuesday to stop T-Mobile US…
End of the road for Volkswagen’s self-driving Aurora deal
FILE PHOTO: The logo of German carmaker Volkswagen is seen at the Volkswagen (VW) automobile manufacturing plant in Puebla near…
Trump ready to slap more tariffs on China after G20 meeting
WASHINGTON/BEIJING (Reuters) – U.S. President Donald Trump said on Monday he was ready to impose another round of punitive tariffs…
Weak U.S. employment report raises red flag on economy
WASHINGTON (Reuters) – U.S. job growth slowed sharply in May and wages rose less than expected, raising fears that a…
Trump sees ‘good chance’ of Mexico migration deal as clock ticks down to tariffs
WASHINGTON/MEXICO CITY (Reuters) – U.S. President Donald Trump said on Friday there was a “good chance” that the United States…
Under pressure, Biden drifts leftward on abortion, climate change
WASHINGTON (Reuters) – The Joe Biden Express to the 2020 Democratic presidential nomination went a bit off track this week.…
Co-owner, ex-employee of pharmacy in U.S. meningitis outbreak acquitted
BOSTON (Reuters) – A federal judge on Friday tossed the convictions of a co-owner and former employee of a Massachusetts…
Amazon’s Bezos says robotic hands will be ready for commercial use in next 10 years
LAS VEGAS (Reuters) – Amazon.com Inc Chief Executive Jeff Bezos said on Thursday he expects there will be commercial robots…
As Mexico-U.S. talks progress, markets rise on hopes a deal could be close
WASHINGTON/MEXICO CITY (Reuters) – Mexican and U.S. officials held a second day of talks on trade and migration on Thursday,…
Fiat Chrysler sales chief files whistleblower suit over SEC probe
WASHINGTON (Reuters) – Fiat Chrysler Automobiles’ U.S. sales chief Reid Bigland sued the Italian-American automaker claiming the company opted to…
Insys to pay $225 million, unit to plead guilty to settle U.S. opioid charges
(Reuters) – Insys Therapeutics Inc agreed to pay $225 million and an operating unit agreed to plead guilty to five…
Top lawmaker signals support to classify all illicit fentanyl copycats like heroin
WASHINGTON (Reuters) – A top U.S. Senator signaled some support on Tuesday for legislation permanently placing illicit chemical knock-offs of…