Occidental Petroleum stepping up oil and gas asset sales: marketing document
Occidental Petroleum Corp is stepping up its oil and gas-producing property sales, adding land in Utah’s Uinta Basin acquired as part of its $38 billion...
J&J blockbuster loses ground to biosimilars despite Quebec court ruling
Johnson & Johnson’s Remicade, a blockbuster drug that treats autoimmune disorders, has steadily lost market share among patients enrolled in the Canadian province of Quebec’s...
Black student loan borrowers are defaulting at nearly twice the rate of whites: NY Fed
Student loan borrowers from mostly black neighborhoods are almost twice as likely to default on their debt as borrowers from neighborhoods that are mostly white,...
MetLife sued for gender discrimination by ex-chief administrative officer
MetLife Inc was sued for gender discrimination on Wednesday by a female former senior vice president who said she was underpaid, called a “bitch” and...
Shares, bond yields slip on sour trade deal sentiment
Global equity markets and government bond yields fell on Wednesday as sentiment soured that a U.S.-China trade deal can be reached soon and on fears...
Trade talks between U.S. and China ‘hit a snag’ over farm purchases: WSJ
U.S.-China trade negotiations have ‘hit a snag’ over farm purchases, with China not wanting a deal that looks one-sided in the favor of the United...
Ferrari adds Roma to growing ‘Prancing Horse’ stable
Ferrari is set to roll out the Roma, a record fifth new model this year for the ‘Prancing Horse’, as it expands its stable to...
Visa, Mastercard draw FTC inquiry over debit card transactions: Bloomberg Law
The Federal Trade Commission (FTC) has initiated a preliminary inquiry on Visa Inc and Mastercard Inc for possibly prohibiting merchants from using other debit networks,...
One day ahead of deadline, Trump says he’ll decide on auto tariffs ‘soon’
U.S. President Donald Trump on Wednesday said he would make a decision soon on whether to impose tariffs on cars and auto parts imported into...
Del Vecchio says aims to build stable Mediobanca shareholder base
Billionaire investor Leonardo Del Vecchio, Mediobanca’s biggest shareholder, said on Wednesday he aimed to create a stable ownership base for the Italian investment bank and...