Valaris settles with Luminus, hands board seat to hedge fund
Oil drilling firm Valaris PLC reached a settlement with Luminus Management and said on Monday that it has appointed one of the hedge fund’s partners...
J&J chief testifies he did not read all documents related to asbestos in talc
Johnson & Johnson Chief Executive Alex Gorsky told a jury Monday that he did not read all the internal company documents related to potential asbestos...
GM to spend $2.2 billion on making electric trucks and SUVs at Detroit factory
General Motors Co will invest $2.2 billion in its Detroit-Hamtramck assembly plant to build electric trucks and sport utility vehicles, the No.1 U.S. automaker said...
Wall Street opens 1% lower on growing China virus fears
U.S. stocks opened more than 1% lower on Monday, on concerns about the financial fallout of a fast-spreading coronavirus outbreak in China....
Wall Street set to open sharply lower as China virus fear mounts
U.S. stock indexes were set to open more than 1% lower on Monday on concerns about the financial fallout of a fast-spreading coronavirus outbreak in...
Futures tumble on fears of financial hit from China virus
U.S. stock index futures fell sharply on growing concerns about the financial fallout of a fast-spreading coronavirus outbreak in China as the country extended the...
J&J CEO to testify at trial for first time on Baby Powder risks
Johnson & Johnson Chief Executive Officer Alex Gorsky was set to be called as a witness on Monday in what would be his first appearance...
Fed’s first hurdle in 2020: Dispensing with ‘QE Lite’
The Federal Reserve’s bond portfolio is swelling again at a pace not seen since the “quantitative easing” heyday in the early 2010s. Prices for stocks...
China virus fears push stocks to two-week low, safe havens gain
World shares slipped to their lowest in two weeks on Monday as worries grew about the economic impact of China’s spreading coronavirus, with demand spiking...
EU to rule on $120 billion United Technologies, Raytheon deal by February 28
EU antitrust enforcers will rule by Feb. 28 whether to approve United Technologies Corp and U.S. contractor Raytheon Co’s bid to create a $121 billion...