[ad_1] FILE PHOTO: A Johnson & Johnson building is shown in Irvine, California, U.S., January 24, 2017. REUTERS/Mike Blake/File Photo (Reuters) – A California jury on Wednesday ordered Johnson & Johnson to pay $29 million
Wells Fargo CEO’s pay raise draws rare Fed response
[ad_1] (Reuters) – Wells Fargo & Co gave Chief Executive Tim Sloan a 5 percent pay raise for 2018, prompting the Federal Reserve to release a statement saying that it does not sign off on
Sports Direct proposes alternative loan deal to ailing Debenhams
[ad_1] FILE PHOTO: Mike Ashley, founder and majority shareholder of sportwear retailer Sports Direct, leads journalists on a factory tour after the company’s AGM, at the company’s headquarters in Shirebrook, Britain, September 7, 2016. REUTERS/Darren
Wall Street rises; Boeing up despite U.S. grounding of 737 MAX jets
[ad_1] NEW YORK (Reuters) – U.S. stocks rose on Wednesday, led by gains in healthcare shares, and Boeing edged upward even as the United States joined other nations in grounding the company’s 737 MAX jets.
U.S. joins other nations in grounding 737 MAX jets after second crash
[ad_1] WASHINGTON (Reuters) – The United States on Wednesday grounded Boeing Co’s 737 MAX jets, citing new satellite data and evidence from the scene of Sunday’s crash of an Ethiopian Airlines plane that killed 157
Oil up after U.S. crude stock draw, supply growth seen easing
[ad_1] NEW YORK (Reuters) – Oil futures rallied about 2 percent on Wednesday as U.S. crude inventories unexpectedly fell and an official forecast of crude oil supply growth from the world’s top producer was revised
EU clinches deal on derivative clearing ahead of Brexit
[ad_1] BRUSSELS (Reuters) – European Union governments and lawmakers agreed on Wednesday new rules that could force large foreign clearing houses with operations in the bloc to relocate to the bloc if they want to
Canada grounds Boeing 737 MAX jets following Ethiopia crash
[ad_1] GORA-BOKKA, Ethiopia/OTTAWA (Reuters) – Canada became the latest country to ground Boeing’s 737 MAX jets on Wednesday following an Ethiopian Airlines crash that killed 157 people, saying satellite data suggested similarities to a previous
Reliance halts diluents export to Venezuela, not raised oil buying
[ad_1] NEW DELHI (Reuters) – India’s Reliance Industries Ltd, operator of the world’s biggest refining complex, said on Wednesday it had halted supply of diluents to Venezuela’s national oil company PDVSA and will not resume
Iran’s oil tanker fleet being squeezed as sanctions bite
[ad_1] LONDON/DUBAI (Reuters) – Iran is running short of options to replace its ageing fleet of tankers and keep oil exports flowing because renewed U.S. sanctions are making potential sellers and flag registries wary of