J&J CEO spurns U.S. congressional hearing on carcinogens in talc products
Johnson & Johnson Chief Executive Officer Alex Gorsky has declined to appear at a U.S. congressional hearing set for Tuesday on the safety of the company’s Baby Powder and other talc-based cosmetics.
Asian shares edge lower as investors await tariff deadline
Asian equity markets were a tad lower on Tuesday as investors refrained from making major bets before Dec. 15, when the next round of U.S. tariffs on Chinese imports is due to take effect.
U.S. negotiators set to make last-minute trip to Mexico to pin down USMCA deal
The Trump administration, Mexico and U.S. Democrats on Monday closed in on a deal for labor-related changes to a languishing North American trade pact that may soon allow it to proceed to a vote, as the window for passage this year quickly narrows.
Apple has ‘deep concerns’ that ex-employees accused of theft will flee to China
Apple Inc on Monday told a federal court it has “deep concerns” that two Chinese-born former employees accused of stealing trade secrets from the company will try to flee before their trials if their locations are not monitored.
GM loans $40 million to firm to acquire, retool shuttered Lordstown, Ohio, factory
General Motors Co confirmed on Monday it agreed to loan $40 million to an electric vehicle start-up to facilitate the acquisition of its shuttered Lordstown Assembly plant in Ohio.
Canada’s Freeland invited to Mexico talks as USMCA deal looms
Mexico’s government has invited Canadian Deputy Prime Minister Chrystia Freeland to talks in Mexico along with U.S. officials, a senior Mexican official said on Monday, as a final agreement on a new North American trade deal appeared to draw nearer.
Former Boeing employee who warned about 737 problems will testify at hearing
A former Boeing Co employee who warned of problems with 737 production will testify on Wednesday at a U.S. House hearing on the Federal Aviation Administration (FAA) review of the grounded 737 MAX.
Sprint tells of business struggles in first day of T-Mobile merger trial
Executives from Sprint Corp testified on Monday that the U.S. wireless carrier has struggled to improve its network, hindering its growth and underscoring the need to merge with larger rival T-Mobile US Inc.
Uber nears deal for self-driving car simulation startup: The Information
Uber Technologies Inc is in advanced negotiations to acquire Foresight, a startup that develops simulation software, The Information reported on Monday citing a source familiar with the matter.
Insight: Honda’s Hachigo seizes the wheel as quality crisis hits profits
At a two-day gathering for Honda’s suppliers in March, Chief Executive Takahiro Hachigo sounded the alarm.
