June 10, 2020

U.S. attorney general group sues 26 dermatology drug makers

A group of attorneys general from U.S. states and territories sued 26 manufacturers of dermatology drugs on Wednesday, accusing them of price fixing and other violations […]
June 10, 2020

Mnuchin says U.S. recovery has begun, will gain strength in Q3, Q4

U.S. Treasury Secretary Steven Mnuchin said on Wednesday that the U.S. economy has already begun to rebound from the coronavirus pandemic and would “improve dramatically” in […]
June 10, 2020

Boeing aims for key 737 MAX certification flight in late June: sources

Boeing Co is aiming to conduct a key certification test flight on its grounded 737 MAX jet in late June, two people briefed on the matter […]
June 10, 2020

S&P 500, Dow slip ahead of Fed outlook; Nasdaq scales fresh high

The S&P 500 and Dow eased on Wednesday, as losses in financial stocks outweighed a boost from technology, with focus shifting to the Federal Reserve’s first […]
June 10, 2020

Mall operator Simon Property terminates $3.6 billion deal to buy rival Taubman

Simon Property Group Inc , the biggest U.S. mall operator, said on Wednesday it would terminate its $3.6 billion deal to buy Taubman Centers Inc due […]
June 10, 2020

Congress seeks answers on Juniper Networks breach amid encryption fight

A group of U.S. lawmakers preparing to fight a legislative attack on encrypted communications is trying to establish what happened when encryption was subverted at a […]
June 10, 2020

Goldman traders gain $1 billion in commodities revenue after oil slump

Goldman Sachs Group Inc commodities unit generated more than $1 billion in revenue this year through May as traders positioned their bets for the collapse in […]
June 10, 2020

Twitter, Square to make June 19 a holiday to support racial diversity

Jack Dorsey, the chief executive of Square Inc and Twitter Inc, said June 19, popularly known as ‘Juneteenth’, would be a permanent company-wide holiday in the […]
June 10, 2020

Starbucks forecasts over $2 billion drop in quarterly income as COVID-19 hits

Starbucks Corp said on Wednesday it expects current-quarter operating income to plunge by up to $2.2 billion, and sales to decline for the rest of the […]
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