Novartis halts distribution of its Zantac versions amid probe into impurities
Novartis AG’s Sandoz unit said on Wednesday it was halting distribution of its versions of the drug commonly known as Zantac in all its markets,...
Southwest passengers get no damages for flights canceled by de-icer shortage: U.S. judge
Southwest Airlines Co won the dismissal of a proposed class-action lawsuit seeking damages for stranded passengers on hundreds of winter flights it was forced to...
Wall Street dips as FedEx issues profit warning; all eyes on Fed
U.S. stocks came under pressure on Wednesday after a profit warning by FedEx, while investors waited for a decision on interest rates and clues on...
Stocks edge lower with Fed decision on tap; oil slips
Stocks around the world edged lower on Wednesday and the U.S. dollar crept up as investors waited for the U.S. Federal Reserve’s decision on interest...
Wall Street edges lower as FedEx profit warning drags; Fed in focus
U.S. stocks came under pressure on Wednesday after FedEx issued a profit warning, while investors waited for the Federal Reserve’s decision on interest rates in...
Instant view: U.S. fed funds rate breaks above Fed’s target range
A key interest rates the Federal Reserve aims to influence to control monetary policy broke above the top-end of the central bank’s target range for...
Wall Street ticks lower as FedEx warns on profit; Fed on tap
U.S. stocks edged lower at open on Wednesday, pressured by FedEx’s warning on full-year profit, while investors waited for the Federal Reserve’s decision on interest...
U.S. housing starts, building permits hit 12-year high
U.S. homebuilding surged to more than a 12-year high in August as both single- and multi-family housing construction increased, suggesting that lower mortgage rates were...
Wall Street set to open lower after FedEx profit warning; Fed on tap
Wall Street was set to open lower on Wednesday, pressured by FedEx’s profit warning, while investors waited for the Federal Reserve’s decision on interest rates...
Airbus revises up jet demand, warns of ‘lose-lose’ tariff war
Airbus raised its 20-year forecast for jetliner demand on Wednesday despite expected slower growth in traffic, as it predicts airlines will replace aging fleets with...