Fossil found in 1980s in Texas declared new genus, species
Experts say fossil remains discovered in the 1980s at the Big Bend National Park in southwest Texas have been identified…
Tech executives head to Capitol Hill for antitrust hearing
WASHINGTON (Reuters) – Executives from tech giants Apple Inc, Amazon.com Inc, Facebook Inc and Alphabet’s Google go before the House…
Big banks beat profit expectations but warning signs grow
(Reuters) – Three big U.S. banks reported strong earnings on Tuesday even as warning signs emerged that the playing field…
U.S. retail sales ease fears over economy; rate cut still seen
WASHINGTON (Reuters) – U.S. retail sales increased more than expected in June, pointing to strong consumer spending, which could help…
Amazon U.S. rivals get sales boost on Prime Day: Adobe
(Reuters) – Several large U.S. retailers recorded higher sales on the first day of Amazon.com Inc’s Prime Day shopping event…
UAW president to GM: We invested in you, now invest in us
DETROIT (Reuters) – The UAW and General Motors Co (GM.N) on Tuesday formally kicked off contract talks, with the union’s…
Tesla drops cheapest Model X, S variants, cuts prices to simplify lineup
BEIJING (Reuters) – Tesla Inc (TSLA.O) has dropped the standard-range variants of its Model X and Model S from its…
Wells Fargo tempers cost-cutting outlook
(Reuters) – Wells Fargo & Co reported higher quarterly earnings on Tuesday, due in part to lower expenses, but the…
Five things to look for in Netflix’s second-quarter report
NEW YORK (Reuters) – When Netflix Inc (NFLX.O) reports second-quarter earnings on Wednesday, a big question is how the streaming…
JPMorgan beats profit estimates but shows signs of pressure
(Reuters) – JPMorgan Chase & Co (JPM.N) reported a quarterly profit that beat estimates on Tuesday as higher interest income…
Blue Apron beefs up menu with Beyond Meat, shares surge 60%
FILE PHOTO: The logo of Blue Apron is shown on a large sign in front of the New York Stock…
Amazon offers $10 to Prime Day shoppers who hand over their data
(Reuters) – Amazon.com Inc has a promotion for U.S. shoppers on Prime Day, the 48-hour marketing blitz that started Monday:…
SEC reaches $60 million settlements involving ex-American Realty executives
NEW YORK (Reuters) – Two former executives at American Realty Capital Properties Inc, including the onetime billionaire who built it,…
U.S. retail sales data dents stocks, lifts Treasury yields
NEW YORK (Reuters) – A gauge of global equities lost ground on Tuesday and U.S. Treasury yields moved higher as…
Oil falls as Iran tensions seen easing
NEW YORK (Reuters) – Oil prices turned lower on Tuesday, falling more than 3% after U.S. President Donald Trump said…
Wall Street slips as bank earnings, Trump trade comments weigh
NEW YORK (Reuters) – U.S. stocks edged lower on Tuesday as quarterly results from banks added to concerns about lower…
United Airlines quarterly profit beats on strong travel demand, higher fares
FILE PHOTO: United Airlines first new livery Boeing 737-800 sits at a gate after arriving at O’Hare International Airport in…
U.S. SEC chief says he has not met with Facebook since Libra announcement
WASHINGTON (Reuters) – A top U.S. financial market regulator said on Tuesday he has not discussed with Facebook its Libra…
Facebook should not be trusted with ‘crazy’ cryptocurrency plan: senators
WASHINGTON (Reuters) – Democratic and Republican lawmakers said on Tuesday that Facebook Inc’s track record of what they described as…
Bitcoin tumbles as U.S. senators grill Facebook on crypto plans
LONDON (Reuters) – The cryptocurrency market took a beating on Tuesday with bitcoin losing over 10% in value after U.S.…
U.S. Justice Department asks appeals court to pause antitrust ruling against Qualcomm
FILE PHOTO: A Qualcomm sign is pictured at Mobile World Congress (MWC) in Shanghai, China June 28, 2019. REUTERS/Aly Song…
Illinois woman gets prison for soliciting husband’s murder
A southern Illinois woman has been sentenced to 20 years in prison for soliciting the murder of her 76-year-old husband…
Trump administration issues new rule on asylum seekers from Central American countries
The Trump administration announced on Monday it would limit who could apply for asylum at the U.S.-Mexico border, a move…
Exclusive: Canada set to postpone Huawei 5G decision to after vote, given sour ties with China – sources
OTTAWA (Reuters) – Canada is likely to postpone a decision on whether to allow China’s Huawei Technologies Co Ltd to…
Symantec ends talks to sell to Broadcom over price: sources
(Reuters) – Cybersecurity company Symantec Corp (SYMC.O) has walked away from negotiations to sell itself to chipmaker Broadcom Inc (AVGO.O)…
Opioid ‘kingpin’ J&J fueled epidemic, Oklahoma argues at trial’s end
NORMAN, Okla. (Reuters) – Lawyers for the state of Oklahoma on Monday compared Johnson & Johnson (JNJ.N) to a drug…
Oil prices down on dwindling storm impact, Chinese economic data
NEW YORK (Reuters) – Oil prices sank about 1% on Monday on signs that the impact of a tropical storm…
Trump sees slowing Chinese growth pressuring Beijing on trade
WASHINGTON (Reuters) – U.S. President Donald Trump on Monday seized on slowing economic growth in China as evidence that U.S.…
Amazon rivals ride on Prime Day marketing as protests unfold
NEW YORK (Reuters) – Amazon.com Inc’s Prime Day is now a major marketing opportunity and shopping event in the annual…
China data steadies stocks as U.S. earnings get underway
NEW YORK (Reuters) – A gauge of global stocks rose modestly on Monday after economic data from China came in…
Facebook vows Libra currency will wait for approval as U.S. airs worries
WASHINGTON (Reuters) – Facebook Inc said on Monday it would not proceed with the launch of its Libra cryptocurrency until…
Gilead invests $5 billion to deepen ties with biotech Galapagos
(Reuters) – U.S. antiviral drugmaker Gilead Sciences (GILD.O) will invest $5.1 billion in a major expansion of its partnership with…
U.S. judge slashes Roundup jury award to $25.3 million from $80.3 million
FILE PHOTO: A logo of Bayer AG is pictured at the so called ‘Chempark’, the main plant and headquarters of…
Citigroup profit beats estimates on gains in consumer lending
(Reuters) – Citigroup Inc topped expectations for quarterly profit on Monday as a tight lid on costs and strength in…
S&P ends near flat as Citigroup results sink banks; Nasdaq hits new high
NEW YORK (Reuters) – The benchmark S&P 500 index ended little changed on Monday after oscillating between positive and negative…
On the menu soon: lab-grown steak for eco-conscious diners
REHOVOT, Israel (Reuters) – Diners in some upmarket restaurants will soon be able to tuck into laboratory-grown steak, thanks to…
DNA confirms remains are those of missing Virginia toddler
Police in Virginia have confirmed that human remains found at a trash incinerator earlier this month belong to a 2-year-old…
Fossil of bone-crushing mammal a first in the US Northwest
A fossil jaw bone misidentified for 50 years turns out to belong to a bone-crushing mammal and is the first…
Top Puerto Rican officials resign over profanity-laced chat
Puerto Rico’s Gov. Ricardo Rosselló announced Saturday that his chief financial officer and secretary of state will step down following…
Wall St. notches all-time highs on lingering rate-cut optimism
NEW YORK (Reuters) – All three major indexes posted record closing highs on Friday as firm expectations for an interest-rate…
Volkswagen zooms ahead in extension of alliance with Ford to electric, automated cars
, NEW YORK (Reuters) – Ford Motor Co (F.N) and Volkswagen AG (VOWG_p.DE) said they will spend billions of dollars…
Lockheed Martin plans to expand Milwaukee plant workforce by 15%
(Reuters) – Defense contractor Lockheed Martin Corp (LMT.N) said on Friday it plans to increase the workforce at its approximately…
U.S. regulators approve $5 billion Facebook settlement over privacy issues: source
(Reuters) – The U.S. Federal Trade Commission approved a roughly $5 billion settlement with Facebook Inc this week over its…
AB InBev pulls Budweiser listing, canceling year’s largest IPO
HONG KONG/NEW YORK/BRUSSELS (Reuters) – Anheuser-Busch InBev said on Friday it will not proceed with the planned listing in Hong…
Trump administration freezing fuel efficiency penalties
WASHINGTON (Reuters) – The Trump administration said late on Friday it was issuing final rules to suspend a 2016 Obama…
Eton’s conjunctivitis treatment fails to win FDA nod; shares tumble
(Reuters) – Eton Pharmaceuticals Inc said on Friday that the U.S. Food and Drug Administration declined to approve its treatment…
J&J faces U.S. criminal probe related to baby powder – Bloomberg
The Johnson & Johnson logo is displayed on a screen on the floor of the New York Stock Exchange (NYSE)…
Cargill shuts animal-feed mills in China as fatal hog disease spreads
CHICAGO (Reuters) – Cargill Inc shuttered animal-feed mills in China in recent months partly because the rapid spread of a…
U.S. federal judge orders FDA to implement 10-month deadline for e-cig applications
FILE PHOTO: A woman holds a Juul e-cigarette while walking in New York, U.S., September 27, 2018. REUTERS/Brendan McDermid (Reuters)…
Indivior loses appeal to block generic Suboxone opioid treatments
(Reuters) – A divided federal appeals court on Friday ruled against Indivior Plc in its bid to stop Dr. Reddy’s…
Democrats take aim as Trump abandons drug pricing plan
WASHINGTON (Reuters) – Democrats see U.S. President Donald Trump becoming increasingly vulnerable to criticism about healthcare costs after the administration’s…
Volkswagen to contribute $2.6 billion to Ford’s autonomous venture: source
HAMBURG (Reuters) – Carmaker Volkswagen (VOWG_p.DE) will inject $1 billion in capital and $1.6 billion worth of assets into Ford’s…
US budget deficit jumps 23% through June
The U.S. budget deficit increased by $140 billion during the first nine months of this budget year to $747.1 billion…
Cargill quarterly profit dives 41% on trade tensions, U.S. floods
CHICAGO (Reuters) – Global commodities trader Cargill Inc reported a 41% drop in adjusted quarterly profit on Thursday, citing supply…
T-Mobile, Sprint expected to extend deal date: sources
FILE PHOTO: A smartphone with Sprint logo are seen in front of a screen projection of T-mobile logo, in this…
Indivior says Reckitt settlement in U.S. unrelated to its cases
(Reuters) – Drugmaker Indivior Plc said on Thursday its former parent Reckitt Benckiser’s $1.4 billion settlement with authorities in the…