February 26, 2018

‘Pharma bro’ Shkreli to be held responsible for $10.4 million in losses: U.S. judge

NEW YORK (Reuters) – Former U.S. drug company executive Martin Shkreli will be held responsible for $10.4 million in financial losses when he is sentenced for […]
February 26, 2018

The Weinstein Company says it will file for bankruptcy

(Reuters) – The Weinstein Company said late on Sunday that the U.S. film studio, whose ex-chairman Harvey Weinstein has been accused of sexual harassment and assault, […]
February 26, 2018

Apple plans giant high-end iPhone, lower-priced model: Bloomberg

(Reuters) – Apple Inc is preparing to release three new smartphones later this year, Bloomberg reported on Monday, citing people familiar with the products. Powered by WPeMatico
February 26, 2018

U.S. new home sales hit 5-month low; supply highest since 2009

WASHINGTON (Reuters) – Sales of new U.S. single-family homes fell for a second straight month in January, weighed down by steep declines in the Northeast and […]
February 26, 2018

U.S. Supreme Court justices skeptical of American Express merchant fees

WASHINGTON (Reuters) – Liberal U.S. Supreme Court justices on Monday sharply questioned American Express over restrictions the company places on merchants forbidding them from encouraging customers […]
February 26, 2018

U.S. Justice Department probing MiMedx’s business practices: Bloomberg

(Reuters) – Regenerative medicine maker MiMedx Group Inc is under federal investigation related to two business practices, Bloomberg reported on Monday, citing people familiar with the […]
February 26, 2018

Technology, industrial shares boost Wall Street

(Reuters) – Gains in technology and industrial shares boosted Wall Street on Monday, with investors also awaiting Federal Reserve Chair Jerome Powell’s testimony for his views […]
February 26, 2018

China’s Geely raid on Daimler reignites German know-how fears

BERLIN/FRANKFURT (Reuters) – Automaker Geely’s purchase of a $9 billion stake in Mercedes maker Daimler rekindled fears in Germany on Monday of its highly-prized expertise falling […]
February 26, 2018

GE names accounting, turnaround experts to board

(Reuters) – General Electric Co nominated top aviation and industrial executives and an accounting expert to its board on Monday, as it seeks to restructure its […]
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