Archive for May 4th, 2017

Johnson & Johnson was ordered by a St. Louis jury to pay more than $110 million to a Virginia woman who blamed her ovarian cancer on the company’s talcum products.

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The ride-hailing company has acknowledged its use of "Greyball" software and said in March that it would stop using it to thwart regulators in cities where it may be operating without permission.

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Oil prices could struggle to return to their 2017 highs even if OPEC extends output cuts after this week's sell-off.

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Lonzo Ball has unveiled his first shoe and it comes with a $495 price tagOne week after it was reported that Nike, Under Armour, and Adidas were spurning Lonzo Ball as a…

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Delta apologizes for 'booting' passenger off flightA video was posted online by Brian Schear on Wednesday, claiming that Delta “booted” him off a flight, along with his wife and two infants, due to overbooking. “We are sorry for the unfortunate experience our customers had with Delta,” the company said in a statement on Thursday. This comes nearly a month after United Continental Holdings Inc sparked outrage for dragging a passenger by his hands, out of an overbooked flight.

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State Farm Mutual Automobile Insurance Co., the largest U.S. home and auto insurer, plans to shut 11 U.S. facilities, displacing about 4,200 workers, after a $7 billion annual underwriting loss last year on auto policies.

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Find out what older investors wish they had done differently to be better off financially.

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After a scandal involving fraudulent accounts, the bank insists that employees can safely report wrongdoing. But its inquiry into past cases isn’t encouraging.

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Delta passengers claim they were kicked off a flight for refusing to remove their 2-year-old son from a seat they paid forA Californian family is saying they were thrown off a Delta flight and threatened with jail…

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Its very easy to personalize the failures of the last decade as the sins of one man. In that way, Ben Bernanke has done himself no favors. He has remained resolute in his stance, to the point of irrationality. Despite committing some of the worst mistakes, to hear him tell it there was nothing that could have been done differently, and what was done was successful. Yet, time and again his own words defy that very notion.
Everyone remembers subprime is contained and for all the right reasons, too. It betrayed his ignorance as well as conceit, an overconfidence that at that…

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Commerce Secretary Wilbur Ross has come up with an idea use the Trans-Pacific Partnership (TPP) as a basis for renegotiating NAFTA. Only one problem: Canada and Mexico made concessions during the TPP negotiations and received little in return in order to gain access to the huge Pacific Rim market. In the absence of the TPP carrot, the Trump Administration will find it hard to wring the same concessions out of the NAFTA partners not without U.S. concessions in return. Basically, President Trump tore up TPP in January only to try to tape it back together in May.
Ross made it…

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The crazy new game that pits 100 people against each other on a deserted island will come to consolesA bizarre and brilliant new video game is exploding in popularity right now. The game isn’t even…

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Oil dropped to the lowest since late November on growing signs that OPEC’s production cuts are failing to clear a surplus of crude.

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Oil dropped to the lowest since late November on growing signs that OPEC’s production cuts are failing to clear a surplus of crude.

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Boeing announced on Wednesday that a sixth KC-46A tanker has entered the tanker test program. It is one of the 18 Boeing is scheduled to deliver to the U.S. Air Force by January 2018.

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