OxyContin maker Purdue gets brief shield from litigation
OxyContin maker Purdue Pharma LP won a court order on Friday briefly pausing the sprawling opioid litigation against the company so it can try to make headway on its proposed legal settlement that it says is worth $10 billion.
Wall Street jumps but ends off highs after partial trade deal news
U.S. stocks ended more than 1% higher on Friday though well off the day’s highs after the announcement of a partial trade deal between the United States and China.
U.S., China strike partial trade deal on agricultural purchases, currency
The United States and China agreed on Friday to the first phase of a trade deal covering agricultural purchases, currency and some aspects of intellectual property protections, and averting a threatened tariff hike, but President Donald Trump said more…
Trump says U.S., China have reached substantial phase-1 trade deal
President Donald Trump said on Friday the United States and China had come to a substantial phase-1 trade deal, reaching agreement on intellectual property, financial services and big agricultural purchases.
Stocks rally on trade talks; Brexit deal hopes boost pound
Global stocks and the euro rallied on Friday on signs of progress in U.S.-China trade talks and hopes that Britain was moving closer to a smooth exit from the European Union.
Wind-driven Los Angeles wildfire leaves one dead, forces 100,000 to flee
A fierce, wind-driven wildfire swept through foothills and canyons along the northern edge of Los Angeles on Friday, engulfing homes, closing roads and devouring acre upon acre of dry brush and chaparral as 100,000 residents were forced to flee.
Daimler recalls hundreds of thousands of Mercedes-Benz diesel vehicles
German carmaker Daimler is recalling hundreds of thousands of Mercedes-Benz vehicles including Sprinter van models over diesel emissions issues.
U.S.-China talks end amid growing hopes of trade war truce
U.S. officials on Friday signaled good news was coming after a second day of trade talks with China ended, boosting investor hopes that the world’s two largest economies would agree to cool the fires of their 15-month tariff war.
Wall Street jumps on U.S.-China trade deal optimism
U.S. stocks rose sharply on Friday as hopes grew that the talks between President Donald Trump and Chinese Vice Premier Liu He would culminate in a partial trade deal and delay planned U.S. tariff increases.
Judge sees benefit in pausing lawsuits against OxyContin maker Purdue
A U.S. Bankruptcy Judge signaled support on Friday for a six-month pause to litigation led by 24 states against OxyContin maker Purdue Pharma LP to give the company time to settle thousands of lawsuits alleging it fueled a deadly nationwide opioid cris…
