Oklahoma judge finds J&J liable in opioid epidemic, orders $572 million damages
An Oklahoma judge on Monday found Johnson & Johnson liable for fueling an opioid epidemic in the state by deceptively marketing painkillers, and ordered the drugmaker to pay damages of $572 million.
Stocks, dollar rise as U.S.-China trade rhetoric softens
A global gauge of equities edged higher on Monday and the dollar rebounded after U.S. President Donald Trump said Chinese officials had contacted Washington about resuming trade negotiations.
Former Volkswagen chairman Ferdinand Piech has died: Bild
Ferdinand Piech, Volkswagen AG’s former chairman and chief executive, who transformed the German carmaker from a regional manufacturer into a global automotive conglomerate, has passed away, German tabloid Bild said on Monday.
Wall Street bounces as trade temperature cools
U.S. stocks rose on Monday, following a sharp sell-off in the prior session, after U.S. President Donald Trump predicted a trade deal with China, cooling investor concerns after a ramp-up in rhetoric derailed markets last week.
Oil falls 1% as U.S.-Iran optimism faces U.S.-China trade deal hopes
Oil prices fell 1% on Monday on the outlook for increased supply of Iranian crude after France’s president lifted hopes for a deal between Washington and Tehran, but losses were limited by optimism surrounding a U.S.-China trade deal.
Wall Street bounces on softer trade tone
U.S. stocks rose on Monday, as major indexes bounced following a sharp sell-off in the prior session, as U.S. President Donald Trump forecast a trade deal with China and somewhat cooled investor concerns after a ramp up in combativeness derailed market…
Macron says France and U.S. reached digital tax deal
France and the United States have reached a deal to end a standoff over a French tax on big internet companies, French President Emmanuel Macron said on Monday.
Macron defuses French digital tax row, Trump coy on wine threat
France and the United States reached a deal to end a standoff over a French tax on big internet companies, though U.S. President Donald Trump declined to say whether his threat of a retaliatory wine tax was off the table as a result.
Trump sees possible U.S.-EU trade deal that would avert car tariffs
U.S. President Donald Trump on Monday said he thinks the United States will be able to reach a fair trade agreement with the European Union without imposing threatened tariffs on car imports, offering a potential lifeline to German carmakers.
Wall Street rises after Trump’s softer stance on trade
Wall Street’s main indexes rose 1% on Monday as U.S. President Donald Trump eased his stance on trade with China, calming investor nerves after an intense feud between the world’s top two economies last week sent stocks tumbling.