Oil down for a second day as U.S. Gulf of Mexico output returns
Oil prices fell for a second day on Tuesday as more production facilities returned to operation in the U.S. Gulf after Hurricane Barry swept through over the weekend, while Chinese economic data dimmed the outlook for crude demand.
Trump presses for USMCA passage as Lighthizer, lawmakers prepare to meet
President Donald Trump and his top advisers on Monday stepped up their drive to win congressional passage of a trade deal with Canada and Mexico, as the administration’s top trade official prepared to meet with Democratic lawmakers again this week.
State AGs fighting T-Mobile, Sprint merger say October trial may not be possible
An attorney for the state attorneys general who filed a lawsuit in hopes of stopping T-Mobile’s $26 billion merger with Sprint told the judge on Monday that an Oct. 7 trial may not be possible.
PayPal launches international money transfer service Xoom across Europe
U.S. payments company PayPal is expanding further in Europe by launching its international money transfers service Xoom in Britain and 31 other countries across the continent.
Most big companies fail to report role in deforestation, charity says
Most big companies are failing to report the damage their operations are doing to forests despite committing to lighten their footprint under wider efforts to tackle climate change, according to a report published on Tuesday.
Pearson goes ‘digital first’ in U.S. college market
Pearson, the world’s biggest education company, will release all its titles for the United States college market in digital form first, in a break from the traditional and more expensive textbook publishing model.
Vale to pay $106.5 million to workers affected by Brazil dam disaster
Brazilian mining company Vale SA said on Monday it would pay 400 million reais ($106.52 million) to compensate workers affected by the deadly rupture of a tailings dam in January that killed at least 240 people.
U.S. judge slashes Roundup jury award to $25.3 million; Bayer still plans to appeal
A federal judge on Monday slashed a damages award Bayer AG owed a California man who blamed Roundup weed killer for his cancer, to $25.27 million from $80.27 million, while rejecting the company’s bid for a new trial.
S&P ends near flat as Citigroup results sink banks; Nasdaq hits new high
The benchmark S&P 500 index ended little changed on Monday after oscillating between positive and negative territory throughout the session after Citigroup Inc kicked off the earnings season with a mixed quarterly report.
U.S. judge slashes Roundup jury award to $25.3 million from $80.3 million
A federal judge on Monday slashed a damages award that Bayer AG owed a California man who blamed Roundup weed killer for his cancer to $25.27 million from $80.27 million, saying the punitive damages component was too high.
