December 6, 2018

J&J unit to pay $360 million to U.S. to resolve charity kickback probe

A unit of Johnson & Johnson will pay the U.S. government $360 million to resolve an investigation into its financial support of a charity that helped […]
December 6, 2018

U.S. securities regulator should demand more voting disclosure from fund managers: official

The U.S. securities regulator should consider imposing stricter disclosure requirements on institutional fund managers relating to how they vote in corporate elections, a Securities and Exchange […]
December 6, 2018

Fed up with Facebook, U.S. fund managers look for alternatives

Facebook Inc’s losses are becoming other companies’ gains. Powered by WPeMatico
December 6, 2018

Walgreens to link up with FedEx on next-day drug delivery as Amazon nears

Walgreens Boots Alliance said on Thursday it would partner with FedEx Corp to launch a next-day delivery service for prescription drugs nationwide, giving it a leg […]
December 6, 2018

Lion Air CEO says possible will cancel Boeing 737 MAX orders

Indonesia’s Lion Air is considering cancelling orders for Boeing Co 737 MAX jets following a crash that killed 189 people in October but has not yet […]
December 6, 2018

Wall Street opens lower as Huawei executive arrest fans trade worries

U.S. stocks tumbled at open on Thursday, as the arrest of a top executive of Chinese tech giant Huawei for extradition to the United States sparked […]
December 6, 2018

Global stocks slump on China executive arrest, oil spills into OPEC

Global stock markets slumped for a third day running on Thursday as the arrest of a top executive of Chinese tech giant Huawei in Canada for […]
December 6, 2018

U.S. trade deficit hits 10-year high; private hiring slows

The U.S. trade deficit jumped to a 10-year high in October as soybean exports dropped further and imports of consumer goods rose to a record high, […]
December 6, 2018

Sears Chairman Lampert offers to buy bankrupt retailer

Sears Holdings Corp Chairman Eddie Lampert’s ESL Partners LP has submitted a $4.6 billion bid to buy the bankrupt retailer, the hedge fund said on Thursday. […]
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