Opioids settlement could be near, lawyer for local governments says
Executives from several large healthcare companies and state attorneys general were progressing toward what is expected to be a multibillion-dollar deal to resolve the sprawling litigation over the U.S. opioid epidemic, a plaintiffs’ lawyer said on Fri…
Wall Street pressured by J&J, Boeing; growth worries linger
Wall Street fell on Friday, dragged down by Boeing and Johnson & Johnson and as worries over global economic growth were rekindled by gloomy data out of China.
Boeing 2016 internal messages suggest employees may have misled FAA on 737 MAX: sources
Boeing Co turned over instant messages from 2016 between two employees that suggest the airplane maker may have misled the Federal Aviation Administration about a key safety system on the grounded 737 MAX, according to documents seen by Reuters.
Oil falls as China economic concerns outweigh rising refinery runs
Oil prices edged lower on Friday, as concerns about China’s economy outweighed bullish signals from its refining sector, but losses were limited on hopes for progress toward a U.S.-China trade agreement.
Oracle co-CEO Mark Hurd dies at 62
Oracle Corp’s 62-year-old co-chief Mark Hurd died on Friday morning, the company said, an unexpected development that raises pressure on co-CEO Safra Catz to lead the business software maker’s ongoing transition to cloud computing.
Johnson & Johnson to recall some baby powder as FDA finds traces of asbestos
Johnson & Johnson said on Friday it is recalling around 33,000 bottles of baby powder in the United States after U.S. health regulators found trace amounts of asbestos in samples taken from a bottle purchased online.
Johnson & Johnson says baby powder investigation could take 30 days or more
Johnson & Johnson said on Friday its investigation into asbestos contamination of its baby powder could take 30 days or more, after announcing it planned to recall about 33,000 bottles of the product in the United States.
Exclusive: Boeing 2016 internal messages suggest employees may have misled FAA on 737 MAX – sources
Boeing Co turned over instant messages from 2016 between two employees that suggest the airplane maker may have misled the Federal Aviation Administration about a key safety system on the grounded 737 MAX, sources briefed on the matter said.
Wall Street pressured by J&J, global growth concerns
Wall Street edged lower on Friday, set to end a strong week on a downbeat note, as heavyweight Johnson & Johnson slipped and worries over global economic growth were rekindled by gloomy data out of China.
Opioid litigation talks can ‘get a long way’ to deal: lawyer
Executives from several large healthcare companies and state attorneys general were progressing toward what is expected to be a multibillion dollar deal to resolve the sprawling litigation over the U.S. opioid epidemic, a plaintiffs’ lawyer said Friday…
