Oil falls as U.S.-Iran optimism faces U.S.-China trade deal hopes
Oil prices edged lower 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 growing hopes that the United States and China could make a…
Oklahoma judge to rule in $17 billion opioid lawsuit against J&J
An Oklahoma judge on Monday will decide whether Johnson & Johnson should be held liable in a $17 billion lawsuit alleging the drugmaker’s marketing practices fueled the opioid epidemic by flooding the market with painkillers.
Trump says China trade deal coming, Beijing calls for resolution of dispute
U.S. President Donald Trump on Monday predicted a trade deal with China after positive gestures by Beijing, calming global markets that have been roiled by new tariffs from the world’s two largest economies.
Spirit Airlines looking at A321neo and ‘larger’ Boeing plane for growth: CEO
Spirit Airlines , a fast-growing, low-cost U.S. carrier that flies an all-Airbus SE fleet, is looking at both the Airbus A321neo and a larger Boeing Co aircraft to fuel its growth, Chief Executive and President Ted Christie said on Monday.
Global stocks, dollar rise as Trump remarks ease China trade tensions
A global gauge of equities rose on Monday and the dollar recovered from earlier losses as U.S. President Donald Trump said Chinese officials had contacted Washington about resuming trade negotiations, after signs of escalation in the U.S.-China trade …
U.S. business investment appears to struggle in third quarter
New orders for key U.S.-made capital goods rose modestly in July while shipments fell by the most in nearly three years, pointing to continued weakness in business investment and a slowdown in economic growth early in the third quarter.
Trump says confident China sincere about wanting a trade deal
U.S. President Donald Trump said on Monday he was confident that China was sincere about wanting a trade deal with the United States because it had taken “a very large hit” in recent months.
Japan PM Abe: Stable U.S.-China relations crucial for global economy
Japanese Prime Minister Shinzo Abe said on Monday stable relations between the United States and China are “very important” not just for these economies, but for the sake of the global economy.
Kraft Heinz brings back former CFO after accounting missteps
Kraft Heinz Co’s newly-appointed chief executive officer replaced finance chief David Knopf on Monday in what he said was a strategic decision, naming the more “seasoned” Paulo Basilio, after the company was forced to restate three years of results.
Amgen to buy Celgene psoriasis drug Otezla for $13.4 billion
Amgen Inc will buy Celgene Corp’s psoriasis drug Otezla for $13.4 billion in cash, clearing the way for Bristol-Myers Squibb to go ahead with its $74 billion deal for Celgene by the end of the year.
