July 18, 2019

U.S. lawmakers challenge Facebook over Libra cryptocurrency plan

U.S. lawmakers bashed Facebook on Wednesday over its planned cryptocurrency, saying the company had not shown it could be trusted to safeguard the world financial system […]
July 18, 2019

Asian stocks wobble, bond yields fall on earnings woes, trade worries

Asian shares wobbled in early Thursday trading as Wall Street stocks dropped on early signs that the U.S.-China trade war could hurt corporate earnings, helping to […]
July 18, 2019

Crude futures fall after strong build in U.S. oil products stocks

Oil prices fell on Thursday, extending declines into a fourth day, after official data showed U.S. stockpiles of products like gasoline rose sharply last week, suggesting […]
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 […]
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