J&J ordered to pay $417 million in trial over talc cancer risks
(Reuters) – A California jury on Monday ordered Johnson & Johnson to pay $417 million to a woman who claimed she developed ovarian cancer after using the company’s talc-based products like Johnson’s Baby Powder for feminine hygiene.
McDonald’s to shut 169 outlets in India amid dispute with local partner
NEW DELHI (Reuters) – Fast food chain McDonald’s said on Monday it planned to shut all 169 of its restaurants in India’s northern and eastern regions, escalating a dispute with its local partner and potentially putting thousands of workers out of jobs…
JPMorgan pledges up to $2 million to fight racism, support human rights
NEW YORK (Reuters) – JPMorgan Chase & Co said on Monday it will contribute up to $2 million to fight racism and support human rights in light of a white nationalist rally in Charlottesville, Virginia, that led to violence and the death of a protester.
U.S. workers have low hopes for higher pay: Fed survey
NEW YORK (Reuters) – U.S. workers see little hope for higher paychecks, and while they are increasingly searching for new jobs, they expect fewer offers to fall into their laps, according to a Federal Reserve survey published on Monday.
Hong Kong property investors go trophy hunting in London despite Brexit
LONDON (Reuters) – Chinese investment in London commercial property has more than trebled since before Britain voted to leave the European Union, most of it channeled through Hong Kong at a time of heightened political uncertainty in the former British…
VW in no hurry to sell assets, investments more important
WOLFSBURG, Germany (Reuters) – Volkswagen is more focused on its multi-billion-euro shift towards electric vehicles and transport services than any potential sale of motorcycle brand Ducati or transmissions maker Renk, its head of strategy told Reuter…
Deutsche Bank eyes wealth management expansion in London
ZURICH (Reuters) – Deutsche Bank wants to significantly grow the number of private bankers it employs in London, its head of wealth management for Europe, the Middle East and Africa (EMEA) said, a sharp contrast to plans to scale back its UK investmen…
S&P 500 index gains after recent selloff; energy stocks fall
(Reuters) – The benchmark U.S. S&P 500 stock index ended up slightly on Monday after two days of declines, though a drop in oil prices weighed on energy shares and tensions between the United States and North Korea kept investors on edge.
Special Report: Refiner Valero’s secret campaign against U.S. biofuels mandates
(Reuters) – U.S. biofuels regulations, which mandate mixing corn-based ethanol into gasoline, have lately drawn together a diverse cast of political opponents.
U.S. farmers confused by Monsanto weed killer’s complex instructions
CHICAGO (Reuters) – With Monsanto Co’s latest flagship weed killer, dicamba, banned in Arkansas and under review by U.S. regulators over concerns it can drift in the wind, farmers and weed scientists are also complaining that confusing directions on t…
