J&J, plaintiffs ‘close’ to deal on Pinnacle hip implant lawsuits: lawyer
Johnson & Johnson’s DePuy Orthopaedics unit is in settlement talks to resolve the bulk of individual lawsuits alleging the company’s metal-on-metal Pinnacle hip implants were defective and caused severe injuries, a lawyer for the plaintiffs said on Monday.
Exclusive: Boeing aims to speed 737 jet production in early summer – sources
Boeing Co is pushing to speed up assembly of its best-selling 737 jetliner in early summer, two people familiar with the plan said on Monday, as it tries to keep up with soaring global demand and its European rival.
Alphabet’s higher spending worries investors, shares dip
Alphabet Inc reported sharply higher fourth-quarter spending on video content, employees and facilities, worrying investors who sent the tech company’s shares down about 3 percent after hours on Monday.
U.S. trade agency says WTO rule change efforts to rein in China will fail
Negotiating new World Trade Organization rules to try to rein in China’s “mercantilist” trade practices would be largely a futile exercise, the Trump administration’s trade office said on Monday, vowing to pursue its unilateral approach to protect U.S….
T-Mobile pledges three-year price clampdown if merger is approved
T-Mobile US Inc told the U.S. Federal Communications Commission on Monday it would not increase prices for three years, with few exceptions, if it gets approval to buy rival Sprint Corp for $26 billion.
U.S. judge lets most emissions claims against Daimler proceed
A federal judge allowed most claims against Daimler AG to move forward in a 2016 lawsuit by vehicle owners that claims the German automaker’s Mercedes diesel vehicles used illegal software to emit excess emissions.
Amazon adds Starbucks’ Rosalind Brewer to board
Amazon.com Inc said on Monday it had named Starbucks Corp Chief Operating Officer Rosalind Brewer as director, making her the second black woman to serve on the e-commerce giant’s board.
Symantec appoints Debora Beachner Tomlin as new marketing chief
Cyber security firm Symantec Corp on Monday appointed Debora Beachner Tomlin as chief marketing officer, a position that had been vacant since December.
Chevron CEO Wirth set to earn over $28 million in annual pay
Chevron Corp Chief Executive Officer Michael Wirth is set to receive at least $28 million in total pay this year, the U.S. oil and gas company said on Monday.
Alphabet beats Wall Street estimates, but spending worries investors
Alphabet Inc’s fourth-quarter revenue and profit beat Wall Street’s expectations on Monday but sharply higher spending, as it added data centers, cloud engineers and marketed its services heavily during the holidays, worried investors.
