July 17, 2019

Netflix shares plunge as global growth falls short, U.S. customers shrink

Netflix Inc said on Wednesday it lost U.S. streaming customers for the first time in eight years and missed targets for new subscribers overseas, an announcement […]
July 17, 2019

California settles decades-long lawsuit over lead paint, but outcome is bittersweet

When Californian counties and cities first sued paint makers in 2000, they wanted the companies to pay billions to remove dangerous old lead paint from hundreds […]
July 17, 2019

Oil prices fall more than 1% after U.S. fuel inventories build

Oil futures fell more than 1% on Wednesday, extending a more than 3% drop in prices the previous session, after U.S. government data showed large builds […]
July 17, 2019

Paint makers reach $305 million settlement in California, ending marathon lead poisoning lawsuit

After a 19-year legal struggle, three former makers of lead paint have agreed to a $305 million settlement with California county and city governments to mitigate poisoning […]
July 17, 2019

Boeing to make $50 million in payments to 737 MAX crash victim families

Boeing Co said on Wednesday it will dedicate half of a $100 million fund it created after two crashes of its 737 MAX planes to provide […]
July 17, 2019

Wall Street falls as railroads slide after CSX signals trade impact

U.S. stock indexes retreated for the second day on Wednesday as weak results from CSX Corp pressured railroad stocks and highlighted the wide-ranging impact of the […]
July 17, 2019

New man on the board to clean up Deutsche Bank’s act

The Qatari-backed lawyer tasked with trying to draw a line under Deutsche Bank’s regulatory scandals has risen rapidly at the German bank, jumping to the management […]
July 17, 2019

Takeda kicks off sale of Western European drugs: sources

Japan’s Takeda Pharmaceutical Co has reached out to prospective bidders for a portfolio of drugs for sale in western Europe as it seeks to trim its […]
July 17, 2019

Facebook faces more scrutiny from Congress over Libra cryptocurrency plan

Facebook Inc faces more questioning by U.S. lawmakers on Wednesday over its planned cryptocurrency, after a bruising first bout when senators from both parties condemned the […]
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