July 29, 2019

J&J says FTC probing efforts to protect arthritis drug Remicade

The Federal Trade Commission issued civil subpoenas to Johnson and Johnson in June as part of an investigation into whether contracting practices for its blockbuster rheumatoid […]
July 29, 2019

GM braces for attacks from Democrats in Detroit debates

General Motors Co is bracing for attacks from Democratic presidential candidates at two debates that begin on Tuesday in Detroit near its headquarters. Powered by WPeMatico
July 29, 2019

Mylan deal puts future of its beleaguered EpiPen in spotlight

Mylan NV’s planned merger with Pfizer Inc’s off-patent branded drugs business may have boosted its share price on Monday, but one of its most pressing problems […]
July 29, 2019

Sterling slumps on ‘no-deal Brexit’ worries; stocks dip

The British pound touched its lowest level in over two years against the dollar after Prime Minister Boris Johnson said a hard divorce from the EU […]
July 29, 2019

Beyond Meat tops revenue estimates, stock offering hits shares

Beyond Meat Inc on Monday said demand for its plant-based burgers and sausages soared in the second quarter and prompted an increase in its full-year forecast […]
July 29, 2019

Takeaway.com lands $10 billion Just Eat deal in food delivery race

Amsterdam-based Takeaway.com has agreed to buy Just Eat in an 8.2 billion pound ($10.1 billion) deal to create the world’s largest online food delivery firm outside […]
July 29, 2019

Activist investor Cat Rock calls Just Eat, Takeaway.com deal ‘excellent news’

Investment firm Cat Rock on Monday lauded Amsterdam-based Takeaway.com’s deal to buy Just Eat in an 8.2 billion pound ($10.05 billion) deal to create one of […]
July 29, 2019

Oil edges up on prospect of U.S. interest rate cut

Oil prices edged higher on Monday as the prospect of an expected interest rate cut by the U.S. Federal Reserve overshadowed pessimism over U.S.-China trade talks […]
July 29, 2019

Wall Street mixed as Amazon, Facebook weigh

A fall in shares of Amazon and Facebook pulled the S&P 500 and Nasdaq indexes lower on Monday as investors looked ahead to major tech earnings […]
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