Bayer gets new trial on punitive damages in $289 million weed-killer case
Bayer AG’s Monsanto unit has received a tentative ruling granting a new trial on the $250 million in punitive damages awarded by a jury to a groundskeeper who alleged the company’s glyphosate-based weed killers, including Roundup, gave him cancer.
Global stocks slide to three-month low on tech stocks plunge, rising U.S. interest rates
Stocks on major world markets slid to a three-month low on Wednesday, with the benchmark S&P500 stock index falling more than 3.0 percent, its biggest one-day fall since February.
S&P tumbles 3 percent as U.S. yields soar, investors shun risk
U.S. stocks tumbled on Wednesday, with the S&P 500 and the Dow marking their biggest daily declines since Feb. 8, and technology stocks were at the center of the carnage as rising U.S. Treasury yields sent investors fleeing from risky assets.
Indian employers under pressure to respond to surge in #MeToo allegations
Pressure is building on major Indian employers to take allegations of sexual harassment more seriously after a surge in the number of complaints against prominent public figures in the past week.
Trump briefed on stock market sell-off: CNBC
U.S. President Donald Trump has been briefed on Wednesday’s stock market sell-off, a senior White House official told CNBC, as the Dow Jones Industrial Average dropped more than 3 percent in one day and the S&P 500 marked its biggest daily decline since February.
U.S. stocks plunge on rising Treasury yields
U.S. stocks tumbled on Wednesday, with the S&P 500 marking its biggest daily decline since Feb. 8, and technology stocks led the losses as rising U.S. Treasury yields sent investors fleeing from risky assets.
Exclusive: Brazil’s Bolsonaro would not sell Petrobras in short term – party chief
The far-right front-runner in Brazil’s presidential election, Jair Bolsonaro, has no plans to privatize oil company Petroleo Brasileiro SA in the short term if elected, the president of his party told Reuters on Wednesday.
Apple plans to give original content for free to device owners: CNBC
Apple Inc is planning a new digital video service that will provide original content free to its device owners, CNBC reported on Wednesday, citing people familiar with the matter.
Exclusive: Citigroup may face fair lending penalty from regulator – sources
A U.S. financial regulator is mulling sanctions against Citigroup Inc for denying minority customers the kinds of mortgage discounts that the bank offered to many other borrowers, three people familiar with the probe told Reuters.
Instant View: Wall Street shares slide, tech losses in focus
Wall Street shares slid on Wednesday, with all three major U.S. indexes down more than 2 percent in the afternoon as investors dumped high-growth names such as technology and FAANG stocks, with rising Treasury yields and trade-related worries sapping …
