March 25, 2019

Fed rate cut seen nearer as yield curves invert

The Federal Reserve’s stunning about-face on rate increases along with weak economic data has left a key part of the U.S. Treasury yield curve close to […]
March 25, 2019

Bayer, J&J settle U.S. Xarelto litigation for $775 million

Bayer AG and Johnson & Johnson have agreed to settle more than 25,000 U.S. lawsuits over their blockbuster blood thinner Xarelto for a total of $775 […]
March 25, 2019

Goldman Sachs UK unit reports gender pay gap of 51 percent

Goldman Sachs’s British business on average paid women 51 percent less than men per hour in 2018, the U.S. investment bank said on Monday, down from […]
March 25, 2019

Boeing sets briefing on 737 MAX as Ethiopian carrier expresses confidence in planemaker

Boeing Co will brief more than 200 global airline pilots, technical leaders and regulators this week on software and training updates for its 737 MAX aircraft, […]
March 25, 2019

Norwegian to lease planes, postpone sales after grounding of Boeing MAX

Norwegian Air will lease planes and postpone the sale of older models in its fleet following the grounding of its Boeing 737 MAX aircraft, the company […]
March 25, 2019

Flattened yield curve reason to be nervous, but U.S. economy solid: Fed’s Evans

Chicago Federal Reserve Bank President Charles Evans said on Monday it was understandable for markets to be nervous when the yield curve flattened, though he was […]
March 25, 2019

Philadelphia Fed’s Harker sees no rate hike in short-term

The circumstances are not in place to raise U.S. interest rates again in the short-term, Philadelphia Federal Reserve President Patrick Harker said on Monday. Powered by […]
March 25, 2019

Apple invites Hollywood to Silicon Valley in TV push

Apple Inc is expected to finally lift the curtain on Monday on a secretive, years-long effort to build a television and movie offering designed to compete […]
March 25, 2019

Nike fined $14 million for blocking cross-border sales of soccer merchandise

U.S. sportswear maker Nike was hit with a 12.5 million euro ($14.14 million) fine on Monday for blocking cross-border sales of soccer merchandise of some of […]
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