Cardinal Health warns ongoing opioid-related lawsuits to hit business
(Reuters) – Drug distributor Cardinal Health Inc (CAH.N) warned on Tuesday that its business could be hurt as it defends…
Wall St. slips after three days of gains; Home Depot rises
(Reuters) – Wall Street’s main indexes edged lower on Tuesday after three sessions of gains, as lower Treasury yields weighed…
Planned Parenthood turns down U.S. subsidies in fight over abortion referrals
(Reuters) – Planned Parenthood said on Monday it would no longer accept grants from a federal program subsidizing reproductive healthcare…
White House says no recession in sight, pushes China trade talks
WASHINGTON (Reuters) – White House officials pushed back on Sunday against concerns that economic growth may be faltering, saying they…
U.S. whiskey exporters struggle after year of EU tariffs
BRISTOL, Pa. (Reuters) – When Europe’s tariffs on U.S. whiskey hit in June 2018, craft distillery Mountain Laurel Spirits LLC…
White House says ‘no recession in sight’ despite market turmoil
WASHINGTON (Reuters) – White House officials pushed back on Sunday against concerns that economic growth may be faltering, saying they…
Exclusive: U.S. set to give Huawei another 90 days to buy from American suppliers – sources
SINGAPORE/WASHINGTON (Reuters) – The U.S. Commerce Department is expected to extend a reprieve given to Huawei Technologies that permits the…
U.S. surfboard makers not so stoked about China tariffs
LOS ANGELES (Reuters) – President Donald Trump’s decision to slap 10% tariffs on imported surfboards convinced surf executive Sue Bowers…
U.S. housing market mired in weakness; consumer sentiment ebbs
WASHINGTON (Reuters) – U.S. homebuilding fell for a third straight month in July amid a steep decline in the construction…
Exclusive: Fed’s Mester weighing argument for U.S. rate cut
CLEVELAND (Reuters) – One Federal Reserve policymaker who opposed the Fed’s recent rate cut is considering whether to support such…
Trump says he is having dinner Friday with Apple CEO Cook
BEDMINSTER, N.J. (Reuters) – U.S. President Donald Trump said he was having dinner on Friday with Chief Executive Officer Tim…
Wall Street Week Ahead: Lower rates could boost housing stocks, but risks remain
NEW YORK (Reuters) – Lower U.S. interest rates could help support outperforming U.S. homebuilder stocks, even as they raise worries…
U.S. removes some Chinese furniture, modems from planned 10% tariffs
FILE PHOTO: Containers are seen at the Yangshan Deep Water Port in Shanghai, China August 6, 2019. REUTERS/Aly Song WASHINGTON…
Lower rates could boost housing stocks, but risks remain
NEW YORK (Reuters) – Lower U.S. interest rates could help support outperforming U.S. homebuilder stocks, even as they raise worries…
Wall Street ends sharply higher on German stimulus optimism
NEW YORK (Reuters) – U.S. stocks rebounded on Friday as an ebbing bond rally and news of potential German economic…
FDA proposes graphic warnings on cigarette packs, advertisements
(Reuters) – The U.S. Food and Drug Administration has proposed that cigarette packs carry graphic new health warnings including pictures…
U.S. yield curve inversion highlights recession fears, Fed dilemma
NEW YORK (Reuters) – When the U.S. Federal Reserve cut interest rates last month for the first time in more…
U.S. import prices rebound, but trend remains subdued
WASHINGTON (Reuters) – U.S. import prices unexpectedly rose in July, but the underlying trend continued to be weak, pointing to…
Wall Street tumbles on rising fears of recession
(Reuters) – Wall Street main indexes slid more than 2% on Wednesday, as a closely watched U.S. bond market indicator…
Amgen wins U.S. patent battle on arthritis drug Enbrel, thwarting Novartis
(Reuters) – A U.S. judge on Friday upheld two patents relating to Amgen Inc’s blockbuster rheumatoid arthritis drug Enbrel, denying…
U.S. records 10 new cases of measles last week
FILE PHOTO: A vial of the measles, mumps, and rubella (MMR) vaccine is pictured at the International Community Health Services…
U.S. budget deficit widens; spending up on health, military
WASHINGTON (Reuters) – The U.S. government’s deficit widened to $120 billion in July, fueled by increases in spending on health…
Investors embrace ESG investing but don’t target gun stocks
BOSTON (Reuters) – Two new BlackRock Inc funds that exclude gun makers are off to slow starts as socially-minded investors…
Wall Street ends down amid more trade woes, high volatility
NEW YORK (Reuters) – U.S. stocks fell on Friday following renewed jitters over the U.S.-China trade war, capping a week…
U.S. still evaluating requests from firms to sell to China’s Huawei: officials
FILE PHOTO: The Silicon Valley office of Huawei and its U.S. subsidiary Futurewei Technologies Inc. in Santa Clara, California, U.S.,…
Trump roils markets with comments on China trade, Huawei
WASHINGTON (Reuters) – U.S. President Donald Trump on Friday said he was not ready to make a deal with China…
Timeline: Key dates in the U.S.-China trade war
(Reuters) – Hopes for an early settlement of the yearlong U.S.-China trade war dimmed this week after the United States…
Investors look for consumer pressure ahead of next tariffs
(Reuters) – As President Donald Trump prepares to slap new tariffs on Chinese imports, investors are bracing for signs of…
Drug industry urges Canada to act early on U.S. import plan
TORONTO (Reuters) – Canada’s main pharmaceutical lobby group has urged the government not to wait for drug shortages before responding…
U.S. recorded eight new cases of measles last week
FILE PHOTO: A vial of the measles, mumps, and rubella (MMR) vaccine is pictured at the International Community Health Services…
Trump administration considers September unveiling of healthcare plan: WSJ
FILE PHOTO: U.S. President Donald Trump arrives at Morristown municipal airport for a weekend at the Trump National Golf Club…
Trump firms up plan to import medicines; pharma companies resist
(Reuters) – The Trump administration took a step Wednesday toward allowing importation of medicines from Canada, an action the president…
Oklahoma makes final bid to hold J&J responsible for opioid epidemic
(Reuters) – Oklahoma’s attorney general on Wednesday made his final bid to force Johnson & Johnson to pay $17 billion…
Bernie Sanders visits Canadian pharmacy, talks drug prices
WINDSOR, Ontario (Reuters) – U.S. Senator and Democratic presidential hopeful Bernie Sanders joined diabetes patients as they drove across the…
U.S. attorney general, state officials discuss big tech firms’ effect on competition
FILE PHOTO: The logos of Amazon, Apple, Facebook and Google are seen in a combination photo from Reuters files. REUTERS/File…
U.S. to pay farmers up to $16 billion for trade war losses, South to benefit
WASHINGTON/CHICAGO (Reuters) – The U.S. government will pay American farmers hurt by the trade war with China between $15 and…
Exclusive: White House preparing order that would cut drug prices for Medicare: sources
NEW YORK (Reuters) – U.S. President Donald Trump is considering a sweeping executive order that would cut prices on virtually…
Drug makers met with Trump to argue against Senate pricing bill
(Reuters) – The main pharmaceutical industry lobbying group said on Thursday it and some drugmakers met with President Donald Trump…
Earnings and trade optimism push Wall St. toward record high
(Reuters) – The S&P 500 and Nasdaq approached record highs on Tuesday, lifted by upbeat quarterly reports from Coca-Cola and…
White House’s Kudlow hopeful on U.S.-China trade talks, agriculture buys
WASHINGTON (Reuters) – White House economic adviser Larry Kudlow on Tuesday called it a good sign that top U.S. officials…
Big Tech faces broad U.S. Justice Department antitrust probe
WASHINGTON (Reuters) – The U.S. Justice Department said on Tuesday it was opening a broad investigation of major digital technology…
Coal miners to urge Congress to protect their black lung benefits
WASHINGTON (Reuters) – Around 120 coal miners with black lung disease were due in Washington on Tuesday hoping to pressure…
Senators announce bipartisan proposal to lower drug prices
WASHINGTON/NEW YORK (Reuters) – The top Republican and Democrat on the U.S. Senate Finance Committee announced a proposal to lower…
Senators announce bipartisan proposal to lower drug prices
WASHINGTON/NEW YORK (Reuters) – The top Republican and Democrat on the U.S. Senate Finance Committee announced a proposal to lower…
Trump meets with tech CEOs on Huawei
U.S. President Donald Trump at the White House in Washington, U.S., July 22, 2019. REUTERS/Jonathan Ernst WASHINGTON (Reuters) – U.S.…
Trump agrees to prompt responses to license requests for Huawei sales
WASHINGTON (Reuters) – President Donald Trump agreed at a meeting with the heads of top technology companies like Google on…
Huawei’s U.S. research arm slashes more than 70% of workforce
SANTA CLARA, Calif. (Reuters) – China’s Huawei Technologies Co Ltd said it is slashing more than 600 jobs at its…
Trump: U.S. had ‘very good talk’ with China; in-person talks may follow
WASHINGTON (Reuters) – U.S. President Donald Trump said on Friday that U.S. Treasury Secretary Steve Mnuchin had a very good…
Wall Street falls as Fed signals smaller rate cut
NEW YORK (Reuters) – Wall Street’s main indexes fell on Friday following a report that the Federal Reserve plans to…
White House to host meeting with tech executives on Huawei ban: sources
WASHINGTON (Reuters) – White House economic adviser Larry Kudlow will host a meeting with semiconductor and software executives on Monday…
Biden versus Sanders: Top 2020 contenders snipe over healthcare policy
WASHINGTON (Reuters) – Democratic presidential front-runner Joe Biden and rival Bernie Sanders are waging a public battle this week over…
Trump EPA allows use of controversial pesticide
(Reuters) – The Environmental Protection Agency on Thursday said it will not ban the use of the pesticide chlorpyrifos, which…
Illinois to defy Trump administration’s abortion referral ‘gag rule’
CHICAGO (Reuters) – Illinois will defy enforcement of the Trump administration’s rule barring federally subsidized family planning clinics from making…
Trump administration pauses new rule limiting abortion referrals: report
FILE PHOTO: A Missouri state flag waves outside the Reproductive Health Services of Planned Parenthood St. Louis Region, Missouri’s sole…
CDC links two deaths to multi-state salmonella outbreak
(Reuters) – Two people have died following a multi-state outbreak of salmonella infections linked to backyard poultry, U.S. health officials…
U.S. solar sector launches lobbying push to preserve key subsidy
(Reuters) – The U.S. solar industry on Wednesday kicked off a lobbying push aimed at convincing Congress to extend a…
U.S. airline group says it had a ‘productive meeting’ with Trump on Qatar
WASHINGTON (Reuters) – A U.S. airline industry group said it had a “productive” meeting on Thursday with President Donald Trump,…