U.S. judge partly vacates convictions of opioid maker Insys’ founder, execs
A federal judge on Tuesday partially overturned the convictions of Insys Therapeutics Inc’s founder and three former executives accused of bribing doctors to prescribe an addictive opioid, but declined to disturb the remainder of the jury’s verdict.
FAA says it will be the sole issuer of new 737 MAX airworthiness certificates
The Federal Aviation Administration said on Tuesday it notified Boeing Co that the agency will be the only issuer of airworthiness certificates for all new 737 MAX planes, a role that it had shared with the aircraft maker in the past.
Feuding Korean firms risk disrupting electric car battery supplies
In 2018, South Korea’s SK Innovation beat its larger, local rival LG Chem to a multibillion dollar deal to supply German carmaker Volkswagen with electric vehicle batteries in the United States.
U.S. judge partially overturns conviction of opioid maker Insys’ founder
A federal judge on Tuesday partially overturned the conviction of Insys Therapeutics Inc’s founder and three former executives accused of bribing doctors to prescribe an addictive opioid, but declined to disturb the remainder of the jury’s verdict.
Wall Street crawls to record levels on trade hopes
U.S. stocks crawled higher on Tuesday, and all three major Wall Street indexes notched record levels, as upbeat comments by President Donald Trump on trade talks eclipsed some softer-than-anticipated economic data.
Factbox: The world’s biggest electric vehicle battery makers
Asian companies dominate the market for electric vehicle (EV) batteries and they are expanding their production capacity in Europe, China and the United States in a fight to win lucrative contracts from global automakers.
HP Inc beats profit estimates on higher PC sales
HP Inc on Tuesday posted quarterly earnings above analysts’ estimates as higher sales of personal computers and workstations helped counter weakness in its printer business.
Dell misses revenue estimates on weakness in server business
Dell Technologies Inc missed Wall Street estimates for quarterly revenue on Tuesday as its server business wrestled with higher costs and lower demand in a market hit by U.S.-China trade tensions.
Wall Street climbs to records, fueled by trade comments
U.S. stocks crawled higher on Tuesday, with each of the major Wall Street indexes notching a record high, as upbeat comments by President Donald Trump on trade talks eclipsed some softer-than-anticipated economic data.
Stocks, oil prices edge up on trade talk optimism
Oil prices and a gauge of global stock markets edged higher on Tuesday, lifted by fresh record highs on Wall Street after U.S. President Donald Trump said the United States and China were close to agreeing on the first phase of a trade deal.
