AbbVie wins U.S. trial in lawsuit over AndroGel’s risks
(Reuters) – A federal jury in Chicago on Friday found AbbVie Inc not liable in a lawsuit by an Arizona man who claimed he had suffered a pulmonary embolism due to using the company’s testosterone replacement medication AndroGel.
U.S. SEC files suit over possible insider trading on Bioverativ
(Reuters) – The U.S. Securities and Exchange Commission filed an insider trading lawsuit on Friday against “unknown traders” who it said engaged in “highly suspicious trading” just ahead of the announcement that hemophilia specialist Bioverativ Inc had…
Wynn Resorts CEO calls sexual misconduct accusations ‘preposterous’; stock falls
(Reuters) – Las Vegas casino mogul Steve Wynn has routinely subjected women who work for him to unwanted sexual advances in a pattern of misconduct detailed by dozens of past and present employees, the Wall Street Journal reported on Friday, but the bi…
Exclusive: U.S. CFTC to fine UBS, Deutsche Bank, HSBC for spoofing, manipulation – sources
WASHINGTON (Reuters) – The U.S. derivatives regulator is set to announce it has fined European lenders UBS, HSBC and Deutsche Bank millions of dollars each for so-called “spoofing” and manipulation in the U.S. futures market, three people with direct k…
U.S. trade body backs Canadian plane maker Bombardier against Boeing
MONTREAL/WASHINGTON (Reuters) – A U.S. trade commission on Friday handed an unexpected victory to Bombardier Inc against Boeing Co, in a ruling that allows the Canadian company to sell its newest jets to U.S. airlines without heavy duties, sending Bomb…
California looks to ramp up electric vehicle sales
(Reuters) – California said on Friday it would ramp up efforts to boost electric vehicles even as it holds talks with the Trump administration over the fate of fuel efficiency standards through 2025.
Intel, healthcare shares boost lift Wall St. to record
NEW YORK (Reuters) – The latest round of strong earnings reports, including from Intel and AbbVie, along with continued weakness in the dollar lifted each of the major Wall Street indexes to closing records on Friday.
UAW leader says payments to union official did not affect talks
DETROIT (Reuters) – United Auto Workers President Dennis Williams on Friday denied a claim that payments by a Fiat Chrysler Automobiles NV (FCA) executive to a union official had compromised contract talks or impacted union funds.
At NAFTA talks, Canada hails jet case as victory for free trade
MONTREAL (Reuters) – Canadian plane maker Bombardier Inc won a major U.S. case on Friday, which government officials said showed the importance of free trade at a time when talks to modernize the NAFTA pact are moving slowly.
Exclusive: Third Point building stake in Pinnacle Foods – sources
(Reuters) – Dan Loeb’s activist hedge fund Third Point LLC is taking a position in Pinnacle Foods Inc and is seeking a meeting with the U.S. packaged food company, people familiar with the matter said on Friday.
