Friday, 26 Apr 2024

Business

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Oklahoma judge to rule in $17 billion opioid lawsuit against J&J

(Reuters) – An Oklahoma judge on Monday will decide whether Johnson & Johnson (JNJ.N) should be held liable in a $17 billion lawsuit alleging the drugmaker’s marketing practices fueled the opioid epidemic by flooding the market with painkillers. The case brought by Oklahoma Attorney General Mike Hunter was the first to go to trial out […]

KFC partners with Beyond Meat to test plant-based nuggets, wings

(Reuters) – Yum Brands Inc (YUM.N) said on Monday it will be testing Beyond Meat Inc’s (BYND.O) plant-based chicken nuggets and boneless wings at an Atlanta KFC restaurant, the latest fast-food chain trying new options to attract vegan diners. The quick-service restaurant will roll out its vegan menu items nationally based on the customer feedback […]

KKR becomes Axel Springer's biggest shareholder

BERLIN (Reuters) – KKR (KKR.N) has become the biggest shareholder of German media group Axel Springer (SPRGn.DE), paying 2.9 billion euros ($3.2 billion) for a 43.54% stake, the U.S. private equity firm said on Monday. The stakebuilding by KKR in concert with with Friede Springer, the widow of the company’s founder, and CEO Mathias Doepfner […]

Tesla to raise prices in China on August 30, may increase again in December: sources

SHANGHAI (Reuters) – U.S. electric vehicle maker Tesla Inc (TSLA.O) will raise prices in China on Friday, earlier than planned, and is considering increasing prices again in December should Chinese tariffs on U.S.-made cars take effect, people familiar with the matter said. The people declined to be identified as the plan has not been made […]

Diageo set to pick U+I to redevelop St James's Gate as new city quarter

Guinness-owner Diageo is understood to have lined up UK property firm U+I as the preferred bidder for its coveted St James Gate redevelopment scheme. The shortlist was whittled down to one as long as six months ago, the Irish Independent understands. Please log in or register with Independent.ie for free access to this article. Log […]

Man killed after farm shed collapses – Farming Independent

Gardaí are investigating the sudden death of a man in his 40s following an accident on a farm in Abbeyfeale, Co Limerick last night. The man was seriously injured when the wall of a farm shed collapsed while construction work was being carried out. The alarm was raised at approximately 7.30pm and Emergency Services and […]

Beacon Hospital hails its first profit since sale

The Beacon Hospital in Dublin last year recorded an operating profit for the first time under the ownership of billionaire businessman Denis O’Brien. New accounts filed by Beacon Medical Group Sandyford Ltd and subsidiaries show that the business recorded an operating profit of €3.1m, following an operating loss of €1.3m in 2017 – a positive […]

FTC, AT&T settle 2014 lawsuit over data slowdowns: court

(Reuters) – The Federal Trade Commission (FTC) and AT&T Inc (T.N) reached a settlement agreement on a 2014 case that accused the company of slowing down data sent to wireless devices, a federal court ruling showed on Friday. U.S. District Court in San Francisco said the parties requested a 90-day stay for the FTC to […]