July 11, 2019

Reckitt to pay $1.4 billion to end opioid addiction treatment probes

Reckitt Benckiser has agreed to pay up to $1.4 billion to end U.S. federal investigations into the marketing of an opioid addiction treatment by its former […]
July 11, 2019

Delta Air quarterly profit surges 39% on higher fares

Delta Air Lines Inc reported a 39.3% rise in quarterly profit on Thursday, as the second-largest U.S. carrier benefited from higher fares and flying fuller planes. […]
July 11, 2019

Futures higher after rally on Powell’s dovish remarks

U.S. stock futures advanced on Thursday, a day after Wall Street’s main indexes touched new highs after dovish comments from Federal Reserve chairman Jerome Powell cemented […]
July 11, 2019

Delta CEO sees ‘marginal benefit’ as competitors grapple with Boeing MAX grounding

Delta Air Lines Inc sees the momentum behind 6.5% quarterly revenue growth continuing throughout the year, Chief Executive Ed Bastian said, citing strong domestic demand that […]
July 11, 2019

Wall Street banks bailing on troubled U.S. farm sector

In the wake of the U.S. housing meltdown of the late 2000s, JPMorgan Chase & Co hunted for new ways to expand its loan business beyond […]
July 11, 2019

FCA to invest 700 million euros for new electric 500 model production

Fiat Chrysler will invest an overall amount of 700 million euros ($788 million) to build a production line for the new electric version of the 500 […]
July 11, 2019

Risks aside, Trump’s team sees China trade stance as strength in 2020

As trade talks resume between China and the United States, President Donald Trump’s advisers are confident he can portray his stance against Beijing as a strength […]
July 11, 2019

Oil at six-week high on Gulf of Mexico storm, Iran tensions

Oil prices hit a six-week high on Thursday as oil rigs in the Gulf of Mexico were evacuated ahead of a storm, while an incident with […]
July 11, 2019

Air China plans to buy 20 A350-900 aircraft from Airbus

Air China , China’s flagship carrier, will buy 20 A350-900 jets from Airbus SE worth $6.54 billion based on list prices, the carrier said on Thursday. […]
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