Latest trial in J&J talc litigations gets under way in California
A California jury on Monday heard opening statements in the latest trial over allegations that Johnson & Johnson’s talc-based products, including the company’s baby powder, were contaminated with asbestos and cause cancer.
American Express suspends a director in foreign-exchange pricing probe: WSJ
American Express Co suspended a director in its foreign-exchange department as part of an ongoing investigation into pricing practices in the division, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.
Boeing delivers record 806 aircraft in 2018
Boeing Co delivered a record 806 aircraft in 2018 to retain the title of the world’s biggest planemaker for the seventh straight year, but missed its full-year target of 810-815 due to supplier woes that delayed shipments.
Verizon adds 650,000 phone subscribers in fourth quarter
Verizon Communications Inc said on Tuesday it added 650,000 net new phone subscribers who pay a monthly bill in the fourth quarter.
Scant relief for U.S. aluminum users from removal of Rusal sanctions
U.S. plans to remove sanctions on Russian aluminum giant Rusal will be of limited benefit to consumers in the United States where tariffs on aluminum imports mean producers still need much higher prices to incentivize shipments.
India to issue new safety rules for A320neos with Pratt & Whitney engines
India’s civil aviation watchdog will issue an advanced safety management protocol in one week for airlines operating Airbus A320neo aircraft fitted with the troubled Pratt & Whitney engines, the civil aviation secretary told Reuters on Tuesday.
U.S.-China trade talks to continue for third day: U.S. officials
The United States and China will continue trade talks in Beijing for an unscheduled third day, a member of the U.S. delegation said on Tuesday, as the world’s two largest economies looked to resolve their bitter trade dispute.
Stocks extend gains as U.S.-China trade hopes build
An index of world stocks rose for the third straight session on Tuesday, lifted by hopes that the United States and China would strike a deal to end their months-long trade war that has hurt sentiment in financial markets.
U.S. job openings, hiring fall in November
U.S. job openings fell in November, pulled down by sharp declines in construction and other services, but that will probably do little to change views that the economy is facing a shortage of workers.
Eli Lilly to cut 250 jobs at France plant, through voluntary redundancy
Pharmaceutical group Eli Lilly said on Tuesday it will cut 250 jobs at its factory located near Strasbourg in Eastern France.
