U.S judge strikes down rule allowing ‘skimpy’ health insurance plans
(Reuters) – A federal judge on Thursday stuck down a Trump administration rule aimed at enabling millions of Americans to buy skimpy health insurance plans that do not comply with…
Dow Jones Industrial Average adds Dow Inc, removes DowDuPont
NEW YORK (Reuters) – Dow Inc will replace DowDuPont Inc in the Dow Jones Industrial Average following the chemical corporation’s breakup into three smaller companies, S&P Dow Jones Indices said…
Wall Street climbs as financials snap five days of losses
NEW YORK (Reuters) – U.S. stocks gained on Tuesday, with financials snapping a five-day losing streak as Treasury yields stabilized above 15-month lows. The S&P 500 financial index gained 1.1…
Purdue Pharma agrees to $270 million settlement in Oklahoma opioid case
(Reuters) – OxyContin maker Purdue Pharma LP and members of the wealthy Sackler family that own the company reached a $270 million settlement to resolve a lawsuit brought by the…
Trump administration ratchets up attack on Obamacare, asks court to overturn law
(Reuters) – President Donald Trump’s administration has stepped up its attack on the Obamacare healthcare law, telling a federal appeals court it agrees with a ruling by a U.S. judge…
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 (OAS) and prohibiting the use of U.S. tax dollars to…
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 maker of helping fuel an opioid abuse epidemic, a person…
Wall Street tumbles on global economic slowdown fears
NEW YORK (Reuters) – Wall Street stocks sold off sharply on Friday, with all three major U.S. stock indexes posting their biggest one-day percentage declines since Jan. 3, as weak…
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 this month, rather than 1 million pounds of pork as…
The Fed is prodding Americans to buy more on credit
WASHINGTON (Reuters) – The Federal Reserve’s decisive statement this week that interest rates are unlikely to rise this year sends a signal to U.S. households: keep buying stuff. FILE PHOTO:…