Johnson & Johnson says new tests find no asbestos in FDA-tested baby powder
Johnson & Johnson said on Tuesday that 15 new tests from the same bottle of its baby powder previously tested by the U.S. Food and Drug Administration found no asbestos.
Amgen third-quarter revenue falls 3%, biosimilar sales rise
Amgen Inc on Tuesday said competition for its older drugs sent third-quarter revenue down 3%, but biosimilar sales were strong and the company raised its full-year outlook.
S&P 500 slips on mixed earnings, trade news
The S&P 500 edged lower to snap a four-session win streak on Tuesday as retreated from a record high as investors grappled with a flood of earnings and the latest update on a potential trade deal between the U.S. and China.
Facebook sues Israel’s NSO Group over alleged WhatsApp hack
Facebook Inc on Tuesday sued Israeli cyber surveillance firm NSO Group, alleging it hacked users of its messaging platform WhatsApp earlier this year.
Factbox: U.S. coal-fired power plants scheduled to shut
U.S. power companies expect to retire or convert from coal to gas over 13,800 megawatts (MW) of coal-fired plants in 2019 after shutting over 13,300 MW in 2018, according to U.S. Energy Information Administration (EIA) and Thomson Reuters data.
Murray Energy files for bankruptcy as U.S. coal decline continues
Murray Energy Corp, one of the largest privately-held U.S. coal miners, whose founder is an outspoken supporter of President Donald Trump, became the latest in a string of coal companies to file for bankruptcy on Tuesday as generators shift to cleaner-…
Uber says will not share electric bike rider data with Los Angeles
Uber Technologies Inc said it would not share real-time location data of its electric bike riders with the city of Los Angeles, saying it would violate their privacy.
U.S. telecoms supply chain rules under review at Commerce Department: official
Rules to implement a White House executive order declaring a national emergency in the telecoms supply chain are “under consideration and review” at the Department of Commerce, an agency official said on Tuesday.
Bank of America to give employees special bonuses for 2019 performance
Bank of America Corp will reward employees for the bank’s strong performance through special bonuses for the third straight year, according to an internal memo viewed by Reuters.
Boeing CEO accused of telling ‘half-truths’ in 737 MAX hearing
Boeing Co Chief Executive Dennis Muilenburg faced intense grilling by U.S. lawmakers at a hearing on Tuesday over what the company knew about its MCAS stall-prevention system linked to two deadly crashes, and about delays in turning over internal 2016…