Walmart to pay $282 million to settle seven-year global corruption probe
Walmart Inc said on Thursday it will pay $282 million to settle a seven-year-long investigation into whether its overseas units in Mexico, Brazil, China and...
Risks to Wall Street’s rally abound despite record high
The benchmark S&P 500 index hit a record high on Thursday as an almost giddy euphoria over the prospects of a U.S. interest rate cut...
Investor LGIM dumps ExxonMobil from its Future World funds
Britain’s biggest asset manager has removed ExxonMobil and four more companies from its 5 billion pounds ($6.3 billion) Future World Funds, and said it would...
Merck CEO sees legal challenge if U.S. adopts drug pricing based on other countries
Merck & Co Chief Executive Ken Frazier said on Thursday a rule to base the price the U.S. government pays for some prescription drugs in...
Martin Shkreli settles all litigation with his former company Retrophin
Martin Shkreli, the pharmaceutical entrepreneur serving a seven-year prison term for fraud, has settled all outstanding disputes with Retrophin Inc, the biopharmaceutical company he founded...
Fed rate-cut sign boosts stocks, dollar drops
World stock markets jumped on Thursday, with the U.S. benchmark S&P 500 hitting a record high, while the 10-year U.S. Treasury note yield dipped below...
Fed rate-cut sign boosts stocks, dollar and yields drop
World stock markets jumped on Thursday, with the U.S. benchmark S&P 500 hitting a record high, while the 10-year U.S. Treasury yield fell below 2%...
S&P hits record closing high as investors bet on Fed rate cut
The S&P 500 index registered a record closing high on Thursday, lifted by Wall Street’s expectations that the Federal Reserve will cut interest rates as...
Exclusive: Chevron Phillips Chemical in bid to acquire Nova Chemicals – sources
​Chevron Phillips Chemical Company LP, a joint venture between Chevron Corp and Phillips 66, has offered to acquire Nova Chemicals Corp for more than $15...
HomeStreet defeats activist Roaring Blue Lion in proxy contest
HomeStreet Inc defeated Roaring Blue Lion Capital Management’s campaign to unseat one director and install its own candidate, ending a two-year standoff between the financial...